The team at Gerling Law has recovered multiple multi-million dollar awards on behalf of motorcycle accident victims we have represented. Though each case is unique, we will always fight to help you obtain a fair motorcycle accident settlement that meets your financial needs and achieves justice for what you have endured.
If you or a loved one has sustained serious injuries from a motorcycle accident that was caused by someone else, you may be wondering about the typical payout for a motorcycle accident to gauge whether taking legal action is worth your time and effort. In most cases, motorcycle accidents are severe and costly. You should not have to bear that burden. Let us help you understand more about your right to receive a meaningful motorcycle accident settlement.
What Type of Compensation Is Available in a Motorcycle Accident Lawsuit Settlement?
There are a lot of variables when it comes to the average settlement for a motorcycle accident, but the type of compensation available is fairly consistent. Here are some of the most common damages motorcycle accident victims receive.
Medical expenses include all costs related to your injuries, such as emergency care, surgery, hospital stay, prescription medication, in-home care, physical therapy, and any future expenses based on the prognosis from your medical provider.
If you are unable to work and earn a living because of your injuries, you may be able to recover lost wages. You may also recover damages if your overall earning capacity has decreased because of the accident or you are unable to work at all.
Motorcycles are often expensive. Keep a record of all repairs or the total cost of replacing the bike, safety equipment, and other damaged property. Even if you choose not to or are unable to continue riding a motorcycle, you should recover the cost of the bike.
Pain and Suffering
The physical, emotional, and mental suffering you have endured, and may continue to endure, is also compensable. Things like post-traumatic stress, anxiety, and depression, do not have set price tags, but your attorney can work with you to establish their value based on the circumstances of your injuries.
Loss of Consortium
A motorcycle accident can be life-changing in many ways. The victim may be entitled to compensation if the accident has a significant negative impact on their relationship with their spouse. This includes loss of physical intimacy due to injury.
What Is the Average Payout for a Motorcycle Accident?
There are a number of factors that go into determining how much each claim is worth. Because each case is unique, there is no way to accurately determine the average settlement for a motorcycle accident. Working with an experienced attorney who can conduct an independent investigation into your motorcycle accident will help you determine the value of your claim. Here are some of the factors that will be considered in determining your motorcycle accident settlement:
- The severity of your injuries,
- Expenses associated with your injuries,
- Circumstances of the accident,
- Impact on your ability to work,
- The negligent behavior of the liable party, and
- Your medical prognosis.
The skill and experience of your legal team can also impact the amount you receive for your motorcycle accident settlement, as well as your legal strategy. Most motorcycle accident cases start as insurance claims. Insurance companies may not take into consideration the full extent of your injuries and how your life is impacted. An attorney can negotiate on your behalf to ensure you do not accept a settlement that is less than what you deserve. If an agreement cannot be reached, you may be better served by filing a lawsuit to receive a motorcycle accident lawsuit payout that will meet your current and future financial needs.
Contact a Kentucky Motorcycle Accident Settlement Attorney
In 2022, there were 1,575 motorcycle accidents in Kentucky, many of which involved negligent or careless behavior from another driver. If you have been in a motorcycle accident, you are likely facing serious injuries and need to focus on healing and navigating the changes that have been forced upon you. Gerling Law has a 60-year history of representing injury victims and helping them obtain the compensation they need to move forward. We are committed to pursuing a fair motorcycle accident settlement or jury verdict and are not afraid to stand toe to toe against large insurance companies or corporations. Every case is important to us, and we will stay in constant communication throughout the legal process. Contact us to schedule your free case consultation.