Have you been involved in a motorcycle crash and been left with serious financial and physical repercussions?
Motorcycle accidents can be incredibly serious, resulting in thousands of dollars of damage to your bike and medical bills that could cripple your bank balance. If you have experienced such an accident, then it is useful to know what amounts of financial compensation you can claim to get help with the economic burden. It is possible to receive payment for injuries, lost earning capacity, or even reimbursements toward costly treatment, if relevant.
This article will answer the question: how much can you claim from a motorcycle accident?
Steps To Take After A Motorcycle Accident
Accident victims can suffer neck injuries, severe head injuries, spinal cord injuries, and traumatic brain injuries, among others. If you’ve been involved in a motorcycle accident, there are several steps you can take to ensure that you receive the proper compensation you deserve. These include:
Seeking medical attention
Your health should be your top priority after a motorcycle accident. Even if you feel fine, it’s important to see a doctor to make sure you don’t have any hidden problems. This will also help to establish a record of your accident injuries, which can be crucial in proving your claim.
Documenting the accident
Make sure to take photos of the scene of the accident, gather the contact information of any witnesses, and file a police report. These details can help to support your motorcycle accident compensation claim and establish who was at fault.
Contacting an experienced motorcycle accident attorney
An experienced motorcycle accident attorney can help you navigate the complex legal process and negotiate with the insurance company to ensure that you receive the motorcycle accident settlement amount you deserve.
Don’t sign anything without talking to your personal injury attorney. Insurance companies may try to get you to sign a release or settle your claim quickly. Don’t sign anything or agree to an insurance settlement without first talking to your attorney.
After a motorcycle accident, it is in your best interest to have an experienced motorcycle accident lawyer. This is because they have specialized knowledge that puts you at an advantage in a legal battle.
A personal injury lawyer can provide legal advice and help you understand the motorcycle accident claims process, ensure medical bills are paid, and fight for proper compensation from liable parties. Furthermore, an experienced attorney knows the laws specific to riding and road traffic accidents and can use those to build a stronger case in your favor.
How Much Can You Claim From A Motorcycle Accident?: Calculating The Amount Of Your Claim
Calculating the amount of your motorcycle accident claim can be a complex process, but it’s essential to ensure that you receive fair compensation. Some of the factors that will be taken into account when calculating your claim for pain include:
Medical expenses are an important consideration in a motorcycle accident claim since they can help determine the amount of financial damages you may be able to recover. This includes medical costs, treatment expenses, care expenses, doctor’s visits, medications, rehabilitation costs, and any other bills related to your injury and recovery.
These financial costs can help a judge or jury understand how much money you need for reimbursement for physical pain and suffering as well as the cost of medical care incurred due to your injury accident.
Loss of income
Loss of earnings are an extremely important factor in determining the amount of a motorcycle accident claim because they measure how much an injured motorcyclist has lost out on due to their injury.
Loss of income takes into account both the income or salary canceled due to medical appointments, missed work days, reduced working hours, and any other financial losses resulting from the motorcycle wreck. As such, it can help to provide substantial compensation for the injured party.
Property damage is important to calculate the amount of a motorcycle accident claim because it is evidence of the costs associated with the accident. The extent of property damage can help to determine who was the at-fault driver and how much motorbike accident compensation may be necessary to make up for any economic losses. It can also be used as an indicator of the severity of the impact and provide insight into potential ongoing costs, such as repair costs, and others related to recovering from the incident.
Pain and suffering
Pain and suffering indicate the amount of emotional, physical, and psychological trauma that a person has suffered as a result of their accident. Mental pain and suffering can affect a person’s ability to work, the loss of enjoyment of life, loss of consortium, and the possibility of making decisions due to the impact of their injury.
Factors That Affect The Amount Of Your Claim
When making motorbike injury claims, there are various factors that determine the amount you will receive. These factors can affect the outcome of your compensation for motorcycle accident and play a crucial role in the personal injury settlement process. It’s important to understand what these factors are and how they impact your motorcycle injury claim.
Type of Coverage
The type of coverage you have can greatly impact the amount of your claim. For example, if you have comprehensive coverage, you may be entitled to a larger settlement than if you only have liability coverage. The type of coverage you have will determine what expenses will be covered and how much you’ll receive for your claim.
Severity of the Damage
The severity of the damage is another factor that affects the amount of your claim for compensation. If the damage is minor, such as a small dent in your car, you may only receive a small settlement. However, if the damage is severe, such as a totaled car, you may be entitled to a fair settlement. The extent of the damage will play a role in the amount you receive for your claim.
Liability is another factor that affects the amount of your claim. If you are found to be at fault for an accident, the amount you receive for your claim may be reduced. On the other hand, if the other party is found to be at fault, you may receive a larger settlement. It’s important to understand who is at fault for the accident to determine the amount you will receive for your claim.
Policy limits play a crucial role as well. The policy limits set by your insurance company will determine the maximum amount you’ll receive. If the amount of your claim exceeds your policy limits, you may not receive the full sum you’re entitled to.
The proof you supply can significantly influence the sum of your claim. The more substantiation you have to affirm your assertion, the better. This proof may contain pictures of the wreckage, testimonials from witnesses, and invoices from a hospital. Providing detailed and extensive documentation can upsurge the amount you are recompensed.
Insurance Company’s Negotiations
Insurance companies may negotiate the amount of your claim to reduce their costs. This can result in a lower settlement than what you’re entitled to. Keep in mind that insurance companies minimize the amount because they want to lower their out-of-pocket expenses as much as possible. If insurers pay too much for each claim, it can result in a large increase in premiums for their customers as well as an increase in overhead costs.
By minimizing claims and increasing deductibles, insurance companies keep more of the money from premiums in their pockets instead of paying out claims. For this reason, you need an experienced personal injury lawyer by your side that can fight for your rights and get you the maximum compensation you deserve.
At Motorcyclist Attorney, we are committed to providing the absolute best quality legal representation for those who have been affected by a motorcycle accident. Our team of highly-skilled attorneys and legal specialists have extensive experience in successfully obtaining the justice and compensation that clients deserve — which can mean millions of dollars in compensation. From medical care to property damage evaluations, our knowledgeable attorneys are with you every step of the way.
We understand that being involved in a motorcycle accident can be devastating. That is why we are dedicated to helping you navigate the complex legal process so you can focus on recovering from your injuries.
With decades of experience dealing with insurance companies and adjusters, we know everything about motorcycle accident claims and we can help to maximize the amount of compensation you receive. Our experienced motorcycle lawyers will provide personalized attention and creative solutions from start to finish. Call us now to get a free consultation! We are here to help 24/7. We speak English, Spanish, and Filipino.