Orlando Motorcycle Accident Settlements | Calculating Amounts

Orlando Motorcycle Accident Settlements

Motorcycle accident settlements in Orlando are subject to an insurance liability provision that applies to motorcycle accident cases. The Florida Department of Motor Vehicles and Highway Safety indicates that mandatory insurance in the state has the following characteristics:

  1. Necessary and reasonable medical expenses associated with settlements cover up to 80% of medical expenses;
  2. Insurance covers property damage to a vehicle. This includes the motorcycle.

Florida law requires that the minimum amount for settlement value insurance be at least $10,000. However, if the amount of coverage exceeds this amount, you should contact our lawyer, who will help draft an claim for economic and non-economic damages related to the settlement.

Settlements

Motorcycles are a popular form of transportation in Florida. The state ranks second in the United States, with nearly 500,000 registered motorcycles. Unfortunately, Florida, including Orlando County, leads the United States in motorcycle crashes. This led to the toughening of state laws, which introduced a mandatory insurance standard for a motorcycle accident settlement. You must have PIP insurance, which is a minimum coverage for personal injury, with a settlement amount of $10,000. You must also have PDL motorcycle accident settlements for those entitled to compensation for property damage of at least $10,000.

According to official figures from the Centers for Disease Control and Prevention (CDC), the total economic loss due to motorcycle accidents in the U.S. is about $1 billion a year. The main criterion was the “no helmet” cause. When you contact our Orlando lawyer, you can get help with your claim whether or not you were wearing a helmet, and whether or not there is a significant excess of motorcycle accident settlement amounts. Both primary and secondary indications of costs incurred for injuries sustained as a result of motorcycle accident cases are taken into account when making a motorcycle crash claim.

How Do I Calculate an Orlando Motorcycle Accident Settlement?

A motorcycle crash in Orlando can have different characteristics and stages depending on what happened. All motorcycle accidents involve a thorough motorcycle accident investigation and examination. To determine the correct settlement amount, you must consider the actual losses incurred as a result of the motorcycle accident.

  • What safety gear (equipment) were you wearing (or not wearing) at the time of the accident?
  • What was your speed at the time of the collision?
  • Were you ejected from the motorcycle?
  • What was the nature of your landing after you were thrown from the motorcycle?
  • What specific injuries did you suffer after the crash, including being thrown out of your motorcycle seat?
  • Are there signs of post-traumatic stress disorder?

The answers to these questions combine to determine the loss data variables that affect the discovery of actual motorcycle accident settlement amounts in Orlando. It would be difficult to calculate such data for a person entitled to compensation on your own, as there is a special methodology. By contacting our lawyers for help, you can obtain a detailed review of the motorcycle accident, taking into account the possible settlement compensation. Our attorney will then prepare a motorcycle accident claim with the insurance company or the state or county court panel.

Impact of Insurance Companies in Determining the Settlement Amount of Motorcycle Injury Cases

Insurance companies believe that a motorcycle accident settlement will force them to pay the injured person, entitled to compensation, the amount determined by the results of the examination. When you sign an insurance policy with your insurer, you are obliged to inform your agent about the crash immediately. While automobile accidents have one method of calculating compensation, motorcycle accident cases will not always be in favor of the insurer. This is due primarily to the nature of the injuries that the motorcyclist sustains, as well as the stages of the accident that resulted in the motorcyclist’s injury.

The insurer will go to the scene of the accident after being notified about it. If your insurance agent asks you to sign documents at the time of the crash, do not do so. You may be asked to sign a contract in which motorcycle accident settlement amounts will account only for the accident itself, and exclude the consequences. If this is the case, you will not receive a settlement amount for rehabilitation and treatment. To avoid such losses, contact our attorney for an initial free consultation about settlements. Remember: If you sign any document with your insurer at the time of the crash, the final settlement amount will not be in your favor.

Was the Motorcycle Rider Entitled to Compensation?

The role of a lawyer is to prepare a motorcycle accident claim so that the injured party can receive the compensation he or she seeks. Having insurance is a strong argument for obtaining minimal coverage related to the consequences of a motorcycle crash. However, in some cases, motorcyclists are uninsured or underinsured. In that case, coverage issues will be handled on a case-by-case basis. For example, if you were driving a motorcycle that belonged to your employer, all settlement value costs would be borne by the company for which you worked. In other situations, the settlement amount will be charged to the person who caused the car accident, such as the driver of the car. If the car crash was the fault of the authorities, for example, the pavement was of poor quality, the authorities of the state or county where the accident occurred will be involved in the accident settlement. Each case is considered individually because it has its peculiarities. We recommend that you contact our attorney, who will prepare an accident claim for you.

Most Motorcycle Accident Death Claims Settle for Less Than Fair Value

This situation stems from the fact that the relatives of the deceased motorcyclist believe that the motorcycle driver himself was at fault in the crash. Insurance companies, when considering the claim of the deceased motorcyclist’s relatives, pay only the base value. Subsequently, the relatives of the deceased don’t think it’s necessary to apply to the insurance companies. This is a mistaken belief because the relatives are unaware that the settlement amount is influenced not only by the primary signs of injury but also by the secondary signs that led to the fatal accident. In this situation, you shouldn’t rely on the insurer’s decision. Instead, you should consult a lawyer who will obtain a proper settlement amount based on a detailed examination.

In many cases, the relatives of a motorcyclist killed in an crash expected to receive only $10,000, but after they contacted a lawyer, the final amount of the crash claim was $200,000 or more.

How Much of the Motorcycle Accident Settlement Was for Pain and Suffering?

As defining characteristics associated with a motorcycle crash settlement for pain and suffering, recoveries include compensation for the following characteristics:

  • you have lost your income because you cannot work due to a serious injury;
  • you cannot return to your former job, even after rehabilitation, because of your injuries;
  • you have cumulative expenses for medical treatment, rehabilitation, and diagnosis (medical company bills must be submitted);
  • you have mental suffering after the accident, which is defined by the following signs: permanent anxiety, depression, or post-traumatic stress disorder (PTSD);
  • your face has been physically altered due to the accident (disfigurement);
  • your mental faculties have been harmed.

Having a documented medical record will be an important factor in obtaining a pain and suffering settlement if an accident claim is properly filed.

 

How Much Are Average Motorcycle Accident Settlement for Soft Tissue Injuries Cases Worth?

All issues related to accident settlement are handled by our lawyers on an individual basis. For our service, we provide the following procedure with interacting with the client.

Your initial consultation with our attorney will be completely free of charge.

Subsequently, the service fee will be as follows:

  • Thirty-three and one-third percent (33 1/3%) of any recovery up to one million ($1 million) prior to filing an answer or demand for appointment of arbitrators;
  • Forty percent (40%) of any recovery up to one million ($1 million) at trial of the case;
  • Thirty percent (30%) of any recovery between one million ($1 million) and two million ($2 million);
  • Twenty percent (20%) of any recovery in excess of two million ($2 million);

 

You can get more information from your lawyer.

How Much Are Motorcycle Accident Back and Neck Injury Cases Worth?

Compensation payments will be affected by the comparative fault factor as provided in Paragraph 768.81 of The Florida Statute. For example, you have claimed compensation for an accident claim of $100,000, but your fault is 35%. In this case, the back and neck injury compensation claim would be $65,000. However, if your fault is more than 50%, the compensation payments will be negligible. Nevertheless, it is possible to get compensation. To do so, you must consider what insurance you have. Get an attorney’s advice on this situation.

How Much Are Motorcycle Accident Wrongful Death Cases Worth?

The average amount associated with a motorcycle accident settlement for a motorcyclist’s death in Florida can reach up to $500,000. However, a more precise amount will be determined by how the motorcyclist’s death occurred and what factors contributed to the person’s death. There are guaranteed payout amounts of up to $10,000 (insurance status is taken into account). In other cases, the amount of compensation due when a motorcyclist dies will be determined based on the nature of the death, as well as the factors that caused the death of the person in the motorcycle crash.

Get a Free Consultation

A motorcycle accident is different from a two-car accident. If you have a similar case, you can present it to our attorney, who can help you sort out compensation and financial settlements. The initial consultation for clients will be completely free of charge.

Written by Rafael NunezAttorneyPosted on November 17, 2021
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