How Much Is a Kentucky Motorcycle Accident Claim Worth?

Being involved in a motorcycle accident can be a devastating experience. A motorcycle accident can result in severe injuries, significant property damage, and emotional trauma. In Kentucky, individuals who suffer injuries in motorcycle accidents may be eligible to recover compensation for their injuries and damages. If you got hurt in a Kentucky motorcycle accident, you may be wondering how much you can recover as compensation.

So, how much is a Kentucky motorcycle accident claim worth? Like in other states, Kentucky has no average motorcycle accident settlement. Every case is unique, and compensation is determined on a case-by-case basis. The compensation you will recover for your Kentucky motorcycle accident is dependent on the unique factors surrounding your case.

Factors That Impact the Value of a Motorcycle Accident Claim

Now that you know there is no average motorcycle accident settlement in Kentucky or any other state, it is crucial that you understand the factors that could impact the value of your case. The following are some of the factors that impact the value of a motorcycle accident claim;

The Severity of the Injuries

The value of a motorcycle accident case is highly influenced by the severity of the claimant’s injuries. Generally, the more severe the injuries, the higher the compensation. For instance, a claimant who suffered a severe traumatic brain injury in a motorcycle accident is more likely to recover more compensation than someone who suffered broken bones. The main reason for this is greater medical expenses and pain and suffering.

Damages

The payout for your motorcycle accident case will be consistent with the actual losses you suffered due to the accident. You can recover economic and non-economic damages in a Kentucky motorcycle accident case. Economic damages are the tangible financial losses suffered due to an accident, including medical expenses, property damage, and lost income. On the other hand, non-economic damages are the intangible damages suffered, such as pain and suffering, loss of enjoyment of life, and emotional distress.

Please note that you will only be compensated for the damages you can prove. Therefore, gathering proof of damages is vital.

Liability

Kentucky is a comparative negligence state. Your payout will be affected if you are partially at fault for your motorcycle accident. If you are partially to blame for your accident, your compensation will be reduced based on your percentage of fault. For example, suppose you are 30% at fault for your accident, and your damages total $150,000. In such a case, you will recover 70% of $150,000, which is $105,000.

Insurance Coverage

The at-fault party’s insurance coverage could affect the compensation you recover. If the at-fault party does not have enough coverage, it could mean receiving less compensation than you are entitled to.

Legal Representation

Finally, the skill and experience of your attorney can impact the amount you receive for your motorcycle accident. An experienced attorney can negotiate a fair settlement with the insurance company or win a favorable jury verdict.

Contact a London & Southeast Kentucky Motorcycle Accident Attorney

If you’ve been injured in a Kentucky motorcycle accident, contact our experienced London & Southeast Kentucky motorcycle accident attorneys at Cessna & George Law Firm for legal assistance.