How Much Is an Average Motorcycle Accident Settlement?

June 13, 2024

Video Transcript:

Motorcycle accidents can inflict devasting injuries, though compensation may be available if someone else is responsible for yours. How much is an average motorcycle accident settlement? Hi, I’m speaking on behalf of Hensley Legal Group, a personal injury law firm based out of Indiana. I’d like to how discuss how motorcycle accident cases are evaluated. One study calculated the median motorcycle injury verdict to be about $73,700.00, though motorcycle accidents could settle for far less or far more because every case is unique, with unique elements that could influence how much you are compensated. These elements include: Fault. You will need to prove that somebody else was at fault for your motorcycle accident to receive anything for it. If the fault lies solely with someone else, that person would be solely liable for your damages. If the fault lies solely with you, then financial recovery might not be possible. But if both you and another party share blame, you will need to show that the other party was MORE at fault than you were, and the amount you recover may be reduced in proportion to your own level of fault. Assuming someone else is primarily at fault, how much you can receive will be driven by your damages, which may include medical bills, lost income, pain and suffering, mental and emotional trauma, diminished quality of living, mobility restrictions, loss of consortium, and even punitive or wrongful death damages under some circumstances. The more significant your damages are, the more significant your settlement can be, but whether you actually obtain a significant settlement will be decided by the… …Applicable insurance coverage. You could end up with little or nothing even with huge damages if the defendants’ insurance coverage is inadequate or nonexistent. Because the amount of insurance coverage can make such a difference, it is crucial to identify all possible avenues of recovery, both from every defendant and even from yourself if you have an uninsured or underinsured motorist policy. Finally, bias against motorcyclists could negatively affect how much you could get. It may be unfair, but many members of the public view riders as fundamentally reckless, and they may bring their views with them if they serve on a jury for your motorcycle accident. This is why you should retain a trial-tested lawyer who can overcome a jury’s prejudices by presenting an airtight case in the courtroom. If you found this video helpful, please hit the “like” and “subscribe” buttons. And if you have been wrongfully injured in a motorcycle accident, turn to Hensley Legal Group, where we have been getting justice for motorcycle accident victims since 1998.