Fair Compensation: Determining the Value of A Motorcycle Accident Lawsuit

Motorcycle accidents can be some of the most catastrophic collisions on the road. Not only are motorcyclists more vulnerable to serious injury than those in cars, but they also often suffer far greater damages when an accident occurs. If you have been injured in a motorcycle accident, it is important to understand how to calculate the value of your claim and pursue fair compensation. Let’s discuss what factors go into determining the value of a motorcycle accident lawsuit and provide tips for negotiating a fair payment from the insurance company.- Motorcycle Accident Lawsuit

Calculate Your Total Damages

Damages can include things like the financial losses you have suffered as a result of the accident, such as medical bills, lost wages, and property damage. It also takes into account non-economic damages, such as pain and suffering, emotional distress, and loss of enjoyment of life. Once you have calculated your total damages, you will have a better idea of how much money you need to recover from the at-fault party.

Determine The Responsible Party- Motorcycle Accident Lawsuit

The next step is to determine who was at fault for the accident. If the other driver was clearly at fault, then you will likely be able to pursue a personal injury claim against their insurance company. However,  if you were partially at fault for the accident, then your compensation may be reduced by your percentage of fault.

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If your collision involved a commercial entity,  such as a trucking company, you may be able to hold them liable for your damages.

Proving Liability

Once you have determined who is responsible for your injuries, you will need to prove that they were at fault for the accident. This will require evidence that demonstrates how the other party’s negligence caused or contributed to the collision. Common types of evidence in motorcycle accident cases include eyewitness testimony, photos or videos of the scene, police reports, and expert testimony.

Consider The Cost Of Hiring An Attorney

If you decide to hire an attorney to help with your case, you will need to factor in the cost of their representation. Most personal injury attorneys work on a contingency fee basis, which means they only get paid if they recover money for you. However, you will still be responsible for any out-of-pocket costs associated with hiring an attorney, such as filing fees and expert witness fees.

Anything you spend on litigation can be included in the settlement value of your case.

Process of Negotiation

Once you have gathered all the necessary evidence and information, you will be in a better position to start negotiating with the insurance company. It is important to keep in mind that insurance adjusters are trained to lowball injury victims in an effort to settle their claims for as little money as possible.

Make you provide everything you’ve gathered to your attorney, they will present all costs of damages to the responsible party or their insurance company. From there,  it’s the responsibility of both sides to determine a fair settlement. If an agreement can’t be made, then your case will likely go to trial.

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Litigation is a slow process, so make sure that you remain patient and diligent. According to www.rosenfeldinjurylawyers.com/motorcycle-accidents.html, these cases can take a number of years for these cases to be settled.

You should never accept the first settlement offer from the insurance company without first consulting with an attorney. Once you have received a settlement offer, your attorney will review it and determine if it is fair given the damages you have suffered. If not, they will likely negotiate with the insurance company on your behalf to try and reach a more favorable agreement.

Process of Negotiations Court

If you are unable to reach a settlement agreement with the insurance company, then your case will likely go to trial. This is a lengthy and expensive process, so it should only be considered if you believe you have a strong case and are seeking a large amount of damages.

During the trial, both sides will present their evidence and argue their respective positions before a judge or jury. The judge or jury will then issue a verdict in favor of one party or the other. If you are successful in court, you will be awarded the damages specified in your complaint.

You should receive your compensation a few weeks after the verdict is issued. If the responsible party does not pay, then your attorney may take steps to collect the judgment, such as wage garnishment or asset seizure.

No matter how your case is ultimately resolved, it is important to remember that fair compensation is essential for motorcycle accident victims. If you have been injured in a collision,  be sure to contact an experienced personal injury attorney who can help you pursue the compensation you deserve.

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