What is the Value of Your Motorcycle Accident Case?

What is the Value of Your Motorcycle Accident Case?

If you’ve been injured in a motorcycle accident, you may be considering a personal injury lawsuit to seek compensation for your injuries. When you begin the claim process, common questions are, “What is the value of my motorcycle accident case?”, “Do I need a lawyer after a motorcycle accident?”

There is no simple answer or magic formula to determine the personal cost of your injuries. Each case is different, and individual factors must be considered. However, it is necessary to understand what goes into a calculating that valuation.

Consider The Following:

  • Medical Costs. An accounting of all medical costs as a result of your accident is an important first step. Not only do you need to tally the cost of care already received, but future costs related to your injuries for the rest of your life must be taken into consideration. This can be a bit challenging, and an experienced personal injury lawyer can help you to estimate this value.
  • Lost Wages. It is not uncommon to be unable to work for a period of time while you are recovering. In addition, permanent residual disabilities from injuries sustained in an accident can impact your ability to return to your job. This may require partial or total disability, retraining for a new career, or an extended leave of absence while you seek physical and occupational therapy. The cost of your lost wages is figured into the total value of your claim.
  • Property Damage. More than likely you will have property damage. Not only can you claim the cost of repairs or the replacement of your motorcycle, you can include any riding gear that was cut off by EMS personnel and any damage to property that occurred during the crash for which you might be help responsible, for instance, guardrail damage, telephone pole replacement, or damage to other vehicles.

Pain and Suffering. Pain and suffering is by far the most difficult factor to weigh. This value is uniquely individual and is best calculated with the help of a qualified attorney. Based on the motorcycle accident statistics it is important to have adequate motorcycle insurance to get the compensation you deserve.

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Legal Costs. Another factor to consider is the cost of legal fees that will be required to help you win your case. If you include this amount when calculating your initial settlement offer, you will be more likely to obtain a satisfactory resolution when you win your case.

Determining the value of your individual case can be a difficult process, and seeking the advice and assistance of a qualified lawyer, like those at the Bernard Law Group, can help you get a fair settlement amount.