Legal professionals consider any offer that fairly covers all of your losses after a crash a good settlement offer for a motorcycle accident. The specific desired compensation for a settlement varies on a case-by-case basis, depending on the unique losses suffered by the injured party.
A Charlotte motorcycle accident lawyer can review the specifics of your situation, examine your losses, and determine what a good settlement offer will be for your motorcycle crash. Your lawyer can also collect evidence and handle all insurance negotiations on your behalf.
What’s a Good Settlement Offer for a Motorcycle Crash?
The exact value of a good settlement offer for a motorcycle collision will vary based on your losses. A Charlotte personal injury lawyer will need to assess all of the damages caused by the crash to determine a fair value for your claim.
In many situations, an insurance settlement will provide funds to cover your:
Medical Expenses
Motorcycle accident victims often face extremely high medical bills due to the catastrophic injuries caused by these crashes. Your settlement may cover all the treatments you require to recover, including the costs of surgeries and your hospital stay.
Lost Wages
You may miss a lot of time at your job while healing from injuries caused by a motorcycle crash. The liable party may need to cover your lost pay and reduced earning capacity, especially if the collision causes you a disability.
Pain and Suffering
Motorcycle crashes often have far-reaching non-economic effects on accident victims. Your insurance settlement may cover your:
- Emotional distress
- Mental anguish
- Pain that stops you from enjoying your life
Your attorney can determine a fair value for these losses when building your claim.
Property Repairs
Finally, you may receive money to cover the costs of repairing or replacing your motorcycle after a crash. Your settlement may also cover other damaged property.
A lawyer can explain all of these losses in more detail when explaining what’s considered a good settlement offer for a motorcycle collision.
For a free legal consultation, call (877) 333-1000
How Do You Get a Good Settlement for a Motorcycle Accident?
You can improve your chances of getting a favorable settlement after a motorcycle crash by hiring a professional personal injury lawyer to handle your claim. Attorneys know how to handle insurance company representatives and level the playing field on behalf of accident victims.
Your attorney may need to immediately investigate to gather evidence that can support your claim. For example, a lawyer may need to:
- Visit the scene of your motorcycle crash
- Speak to witnesses and take their statements
- Get a copy of the police accident report
- Collect videos and photos of the collision
Your lawyer will also need to track all your losses and collect documentation that establishes the full extent of the damages you face. A legal professional can use all this information to negotiate from a position of strength, improving your chances of getting a good settlement.
Will the First Settlement Offer Cover Your Losses?
In most cases, the first settlement offer you receive from the insurance company after a crash will not cover your losses. Insurance companies often send out lowball initial offers, hoping the injured party will just sign the paperwork.
Once you accept an insurance offer, it typically removes your chance of securing additional compensation for your losses.
Therefore, it’s vital that you allow a lawyer to carefully review any settlement deals made by the insurance company. Your attorney can compare these deals to your actual losses and determine if they represent the right choice for you.
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How Long Does It Take to Get a Good Settlement?
The time it takes to get a fair settlement after a motorcycle crash will vary. In many cases, insurance companies try to drag out settlement talks, hoping that the injured party will give up and take a subpar offer.
Fortunately, you can rely on your lawyer to stand up to these tactics and keep the legal process moving. If the insurance company repeatedly tries to stall or delay your claim, your lawyer may even help you file a personal injury lawsuit against the liable party.
Filing a lawsuit represents another option available to secure compensation for your losses. You can discuss this option with your lawyer if you believe the insurance company is treating you unfairly.
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Talk to Us About Settling Your Motorcycle Accident in North Carolina
So, what’s considered a good settlement offer for a motorcycle accident? Our team at DeMayo Law Offices believes that a good settlement offer should provide you with compensation that covers all the expenses caused by someone else’s negligence.
We can step in to handle the insurance company, using over 250 years of combined experience to support your best interests as Your North Carolina Law Firm™.
Our team believes in putting People Over Profits™, and we know what it takes to successfully resolve complex personal injury claims. You can reach out to us now to discuss the funds available in your situation.
Call or text (877) 333-1000 or complete a Free Case Evaluation form
