August 8, 2022

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How To Recover Damages From A Motorcycle Accident

2 min read

A motorcycle accident is devastating to every party involved, though it’s particularly damaging for the motorcycle driver if the accident wasn’t their fault.

After all, compared to the other driver, you’re more likely to sustain debilitating injuries.

Thankfully, you may recover damages from a motorcycle accident by agreeing to a settlement. This will enable you to seek compensation for economic losses, such as medical expenses, lost wages, and motorcycle repairs, as well as non-economic losses like pain and suffering. If you wish to take this route, this article will guide you through the process.

A Brief Overview Of A Motorcycle Accident Settlement 

A settlement is when the at-fault party’s insurance provider offers a motorcycle accident victim compensation for damages. If the at-fault party isn’t insured, then the claim directly goes to the individual responsible for the accident. Through this procedure, victims of motorcycle accidents can receive an average of USD$50,000 as settlement money, though it ultimately depends on the facts and circumstances of the case. In some cases, the amount may reach double this amount.

In exchange for the money, you give up your right to pursue the matter any further. That means upon receiving the settlement money, you can no longer legally sue the at-fault party.

Your other option to recover damages from a motorcycle accident is to file a lawsuit. It can yield more money, but it’s a lot more stressful as you have to appear in court several times. Since you most likely have sustained injuries, it’s not the best course of action in this type of scenario.

Can You Recover All Damages Through A Settlement?

Yes, you can, but it’ll require negotiations as the at-fault party’s insurance provider will likely do their best to minimize the amount they have to pay. They may do so by downplaying your injuries, pointing out the lack of evidence, and other attempts. That’s why it’s often advisable to seek assistance…

Business Matters

2022-08-01 19:59:59

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