In four out of five motorcycle accidents, motorcycle drivers and passengers suffer serious personal injuries. Most of these accidents are caused by the failure to yield to the motorcyclist’s right of way. If you’ve been involved in an accident and are thinking of filing a motorcycle accident lawsuit, you may be wondering how much you could recover in a claim.
At Walner Law, we represent victims of car accidents and other personal injury cases in the city of Chicago. And we understand that accidents can be catastrophic and life-changing to both drivers and passengers. Our goal is to fight for the rights of motorcyclists throughout the Chicago area.
In this quick guide, we’ll go over motorcycle accident settlements and how much you might expect for a settlement amount.
What qualifies as a motorcycle accident lawsuit?
A motorcycle accident claim is filed by a motorcyclist or their loved ones against the party responsible for causing the motorcycle crash. When a motorcyclist is injured in an accident due to the negligence or recklessness of another driver, they have the right to seek compensation for their damages, including medical expenses, lost wages, property damage, and pain and suffering.
What are the factors that affect the total amount for a motorcycle accident settlement?
When reviewing the average settlement for motorcycle accident cases, there are several key factors that come into play. You can learn more about them below:
Medical Expenses
Firstly, it’s important to consider the extent of the injuries and the associated medical expenses.
This includes hospital bills, surgeries, rehabilitation costs, and ongoing medical treatments. Additionally, damages for pain and suffering, emotional distress, and loss of enjoyment of life may be included in the settlement amount.
Insurance Coverage
Another crucial factor in a motorcycle accident lawsuit is the level of insurance coverage available. This includes both the motorcyclist’s own insurance policy and the policy of the responsible party involved in the accident. The insurance adjuster will assess the policy limits to determine the maximum amount that can be claimed.
Severity of Accident (Injuries and Damages)
Furthermore, the severity of the motorcycle accident and the resulting injuries will impact the settlement. For example, if the accident caused significant damage or long-term disability, the settlement amount is likely to be higher. In cases involving wrongful death, the settlement may also consider the financial losses suffered by the deceased person’s loved ones.
Negotiation and Expertise of an Accident Lawyer
The expertise and negotiation skills of a motorcycle accident lawyer or personal injury attorney can greatly influence the settlement amount. These professionals will assess all the factors mentioned above and build a strong case to pursue a fair settlement. They will also negotiate with the insurance company on behalf of the accident victim to ensure the best possible outcome for motorcycle accident claims.
This is why it’s crucial to hire an experienced lawyer from Walner Law. Our professionals have the track record and experience to guide you through the lawsuit. And more importantly, we aim to seek justice on your behalf.
How much is the average settlement for a motorcycle accident?
If you’re on this page, one of your main questions is probably, “How much is a good settlement for a motorcycle accident?” Unfortunately, there is no “one-size-fits-all” answer because every case is unique. Settlement amounts differ due to a number of different factors, and the total amount of compensation received will depend from case to case. Some accident claims are worth more than others.
But overall, the only way maximum compensation can be achievable is when you have the best Chicago motorcycle accident attorney on your side. That’s why it’s vital that you find a lawyer who can help you gather evidence and guide you through the legal process. You and your loved ones deserve the best chance at a fair settlement for your motorcycle accident lawsuit.
At Walner Law, we have more than 75 years of experience with litigating personal injury cases. We aim to represent you and support you throughout this difficult time. Not only do our attorneys care about winning your claim, but we also care about your recovery and well-being. Reach out to our team for a free consultation today.