The average settlement for a motorcycle accident can range from a few thousand dollars to hundreds of thousands of dollars. For a catastrophic damage claim, a motorcyclist may be able to recover an even higher insurance payout. However, due to the varying nature and severity of motorcycle accidents, we cannot guarantee an exact estimate.
Nevertheless, since the average payout can range, determining your case value is vital to recovering a fair compensation amount. Working with a lawyer can be essential to this process. Your lawyer can help you with your claim and securing an adequate compensation payout for your damages
How Much Are Most Motorcycle Accident Settlements?
How much you can recover for your injury claim will be dependent on various factors including your insurance, the other driver’s insurance, the extent of your injuries, and any other damages. As mentioned previously, the average motorcycle accident settlement ranges from dramatically. However, those suffering catastrophic injuries like amputation, paralysis, or a brain injury from motorcycle accident, for instance, may be able to recover more.
Who Is At Fault for the Accident?
A fault determination may be essential to securing fair legal compensation following a motorcycle accident. Whether a party is considered to be at-fault will depend on the circumstances of the crash. For instance, if a driver ran a stop sign, hitting a motorcyclist, the driver could be considered at-fault. However, if both the driver and the rider had disobeyed traffic laws causing the crash, the insurance companies may determine that each shared a certain percentage of fault.
Following motorcycle tips to prevent accidents and keep riders safe on the road is essential. While motorcyclists cannot control the actions of other drivers, they can take steps to avoid possible collisions. If you have an accident claim, it is crucial to gather evidence of what happened during the crash to secure your right to receive fair injury compensation.
What Is Your Motorcycle Insurance Maximum Payout or Settlement?
When you’ve been hurt or your bike has been damaged, getting a motorcycle accident settlement is crucial to getting back on your feet. Unlike motor vehicle drivers, motorcyclists automatically have “full tort status” in Pennsylvania. This means that an injured motorcyclist may recover non-economic damages, and, in particular, damages associated with pain and suffering, regardless of the severity of the injury. The maximum payout or settlement on a motorcycle accident claim will ultimately depend on the limits on the rider’s insurance and any liable party’s coverage. Moreover, in cases of defective parts or products, there may also be claims against the manufacturer for product liability. In other words, the maximum financial recovery will depend on the paths to recovery and your total damages.
How Long Do Motorcycle Accident Settlements Take?
The duration of a motorcycle crash settlement can vary drastically from case to case. If it becomes necessary to go to court, injury cases can take years to resolve, even if it ultimately ends in an out-of-court settlement.
Things that can impact the length of your claim include:
- Your insurance
- Fault
- Other insurance and parties involved
- Policy limits
- Extent of your injuries
- Other damage claims
How Motorcycle Accidents Are Calculated
Your compensation amount depends primarily on the losses you’ve suffered or will suffer as a result of the crash and your percentage of fault. When determining your accident settlement, the insurance company and your Philadelphia motorcycle accident lawyer will consider various factors. This payout calculation will depend on things like:
- Injuries
- Medical Treatment
- Percentage of Fault
- Pain and Suffering
- Property Damage
- Lost Wages
- Loss of Earning Capacity
Determining a fair settlement amount is a critical first step to negotiations. Your injury attorney can explain this calculation and other things that you didn’t know about motorcycle accidents.
What Damages Are Available Following a Motorcycle Accident in Pennsylvania?
In Pennsylvania, injury victims can recover economic damages, non-economic damages, and, in some rare cases, punitive damages. Economic damages compensate an injured party for their actual financial losses whereas non-economic damages compensate for non-financial losses. Punitive damages, on the other hand, are awarded in cases where the defendant acted maliciously or with extreme recklessness.
Some examples of damages a victim can recover include, but are not limited to:
- Medical bills
- Future medical expenses
- Lost wages
- Pain suffering damages
- Loss of companionship
- Loss of enjoyment of life
- Emotional distress
- Funeral expenses
Your accident attorney can do a thorough review of your case and identify all possible claims. This is vital to properly identifying all losses and to maximize your financial recovery. Your lawyer can then present these damages with your claim and use evidence of your losses to negotiate a fair settlement.
Need Legal Help? Contact an Accident Lawyer
Navigating a motorcycle crash claim can be challenging. Dealing with the insurance company and legalities can be more difficult as you are trying to heal. Working with an experienced attorney can provide you with peace of mind.
At The Law Offices of Greg Prosmushkin, P.C., our skilled personal injury lawyers are ready to assist you. We provide dedicated and compassionate support when you need it most. Don’t hesitate to contact us today for a free consultation.