What Is The Average Payout For A Motorcycle Accident?

Suppose a claimant has been involved in a motorcycle accident that has resulted in personal injury or an insurance claim. In that case, they are undoubtedly wondering how much their case is worth and what the average pay-out might be. There are many unique circumstances in each motorbike accident to precisely estimate the financial outcome. 

What is a Motorcycle Accident Settlement? 

It is a rare case for someone who has suffered bodily injuries or property damage in a motorcycle accident to make a settlement claim and have the insurance company agree on how the accident happened and the degree of the losses. This is why many cases end up in court with a Des Moines motorcycle attorney, where the parties petition a judge or a jury to settle their differences. 

Settlements for motorcycle accidents can happen at any point throughout the legal procedure if the parties agree to end the dispute on terms that are agreeable to both of them. Negotiating a settlement takes time, but once agreed, it signifies the end of the dispute.

Motorcycle Accident Settlements

How To Get Started with an Accident Claim? 

Motorcycle accidents in Des Moines, IA, can lead to personal injury claims for both the passenger and the rider. In some cases, there may also be claims for property damage. 

Contacting the insurance company of the car owner who crashed with the claimant's motorbike is the first step in property damage and personal injury claims. 

Motorcycle Settlement and Verdicts 

Below are some of the statistics on the "average" motorcycle injury settlement, as well as associated settlement and court verdicts.

 

However, it is essential to note that each case is different from the other. 

 

• From 1999 to 2006, the average motorcycle injury pay-out (following a personal injury case) was $73,700, according to Jury Verdict Research.

• A $1,600,000 compensation was reached when the claimant slipped on loose gravel, crushing his vertebrae and causing nerve damage.

• A settlement of $355,000 was reached after the claimant was killed when the accused's vehicle, which was towing a small trailer, turned left in front of the motorbike at high speed.

• After a vehicle turned left in front of the motorbike, the claimant received a $300,000 settlement. The claimant's injuries were confined to a torn and damaged knee ligament and soft tissue damage.

 

A professional injury lawyer should have access to a database of settlements and judgments, which they can use to discover instances with cases, injuries, and circumstances that are comparable to other claimants, as well as the settlement or trial verdict amounts in any jurisdiction.

Advantages of Motorcycle Accident Settlements 

Here are some of the benefits claimants can receive by settling their motor accident claim: 

 

• Receiving compensation that is guaranteed. 

• Financial resources.

• Time and convenience. 

• Avoiding another unfavorable verdict.  

Determining A Successful Settlement

What is a Successful Settlement? 

A successful settlement is going to include funding to pay for the following: 

 

• Medical costs from both the past and present relating to any treatment 

• Expenses associated with future medical treatment that doctors have forecasted. 

• Compensation for the wages the claimants were unable to earn due to their inability to work. 

• Expected loss or reduced wages as a result of the accident-related incapacity 

• Damages for pain and bodily/mental suffering as a result of the accident.

 

A dedicated team of personal injury lawyers is always focusing on achieving their mission of winning compensation for clients who have suffered severe injuries from motorcycle injuries. 

 

Motorcycle accident victims deserve the best lawyers in Des Moines. If victims have a team of expert attorneys by their side, their chances of receiving fair compensation and holding negligent parties liable are definite. The best teams are prepared to go the extra mile for their clients and recommend expert medical care. 

 

Why should victims of motorcycle accidents pay for a personal injury because of another person's mistake? Claimants can reach out to superior personal injury attorneys today to receive high-class service. 

 

The settlements for personal injury include:

 

  • Medical care and medical costs. 

  • Lost wages and loss of income

  • Physical and mental pain. 

  • PTSD from an accident. 

  • Disfigurement and physical impairments. 

  • Loss of enjoyment of life and quality of life. 

  • Stress and anxiety. 

 

If claimants have experienced a motorcycle accident in Des Moines, IA, they need a personal injury attorney. Look for a team with a free consultation and one that is highly reviewed.