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What Is the Average Settlement for a Motorcycle Accident?

What Is the Average Settlement for a Motorcycle Accident?

It’s very likely that if you’re involved in a motorcycle accident, you’ll suffer some kind of injury. You may decide to work toward a quick settlement to get your life back on track. How much will you receive? What is the average settlement for a motorcycle accident? The ability of an experienced motorcycle accident lawyer can mean the difference between a cheap, quick settlement and one that compensates victims fairly and substantially. To learn about the average settlement, you first need to understand what factors go into determining how much compensation a motorcycle accident victim can receive in Texas.

We know that motorcycle accidents are very dangerous. In 2019, there were 975 injuries for every 100,000 registered bikes, according to data from the Federal Highway Administration compiled by the Insurance Information Institute. Motorcyclists were 29 times more likely to die in a fatal accident than car passengers that year.

Recovery for Motorcycle Injury in Texas

If you are injured in a motorcycle accident, you may be able to recover compensation for your injuries if those injuries are the result of someone else’s negligence. You may be able to recover several types of damages under Texas law. These types of damages may include:

  • Economic Damages – money to cover items such as:
    • Motorcycle repair
    • Hospital and doctor bills
    • Compensation for work missed as a result of an accident
    • Compensation for wages for the work you may miss in the future because the accident
  • Non-economic Damages – money to compensate for loss of quality of life due to negligence
    • Pain and suffering
    • Physical impairment
    • Physical disfigurement
  • Punitive Damages – If the person responsible was grossly negligent. The damages are capped in Texas at twice the amount of economic damages plus the amount of non-economic damages (up to $750,000) OR $200,000, whichever is greater.

These damages are available to anyone who files suit in court. However, they can be the basis for a settlement agreement with the party that caused the injuries. An experienced motorcycle accident lawyer will take a look at what happened to you, the extent of your injuries, what kind of recovery time you’ll need, and other factors when trying to decide what kind of settlement you’ll be able to receive.

What’s a Good Settlement for a Motorcycle Accident?

So then, what makes a good settlement if you’re injured in a motorcycle accident? A good settlement is one that compensates you for as much of the damage you’ve suffered as possible. A good settlement will cover damage to your property. It will pay for the current medical bills. It will take care of future medical bills, as well. A good settlement will put some money in your pocket for the time that you’ve missed work because of injuries. It will take care of any suffering experienced by you or your family members. In short, a good settlement from a motorcycle accident will put you in a place in your life similar to where you were before the accident. An experienced motorcycle accident attorney know this and will work toward getting you a good settlement.

What is an Average Settlement for a Motorcycle Accident?

In Texas, you can recover damages for the harm done to you and to repair any property damaged in the accident. Motorcycle accidents caused by a negligent driver of another vehicle often involve injury. So then, the settlements can be higher than one might expect. It may be possible to estimate the amount of a settlement through looking at some statistics.

According to the National Safety Council, the average costs associated with an injury-causing motor vehicle accident in 2019 was approximately between $23,000 and $98,000. The difference depends on the severity of the injuries. As motorcycle accidents are more likely to involve some form of injury to the victim, a settlement could average $60,000.

Every accident is different, of course. There are a number of factors that will determine the settlement amount. You cannot control most of those factors, like the severity of injuries suffered, the degree of damage to property, the costs associated with dealing with doctors and other medical professionals. However, one factor you can control is whether you hire an attorney to represent you when dealing with a motorcycle accident. There is a clear benefit to doing so. Those who hire lawyers are likely to get a higher settlement from an insurance company than those who do not.

Ask Our Attorney About the Average Payout for a Motorcycle Accident

A good motorcycle accident lawyer can help determine what is an average payout for a motorcycle accident. If you’ve been injured in a motorcycle accident, contact the offices of Evans and Herlihy. Our team has a proven record of success in getting the best possible settlement for our clients who were injured in motor vehicle accidents. We’ve helped many get the compensation they deserve when they were injured in motorcycle accidents because we’re experienced in personal injury law; we know how to negotiate from a position of strength with the insurers; and we are passionate about getting our clients back on their feet so they can move forward with their lives.

At Evans and Herlihy, we offer a free consultation to discuss personal injury cases. Call us at (512) 732-2727 or contact us online to find out how we can help you.