If you have been involved in a motorcycle accident that was at least partially the fault of someone else, you might be wondering whether you are entitled to compensation and how much you are able to claim. This post looks at how your barrister and the court will value your claim, in order to give you an idea of how much compensation you might be entitled to for your injury.
Calculation of compensation
Most personal injury cases do not proceed to court and are settled between the parties for a fair amount of compensation. Your lawyer will look to value your claim in line with what would be awarded to you by a court, and seek to recover this amount from the other party’s insurers.
In order to make a proper evaluation, your lawyer will need to obtain information from you, as well as all of your medical reports and notes. Valuing motorcycle injury compensation can be challenging, but the right legal professional will fully consider the points below in order to get the maximum amount of compensation you are entitled to.
Factors that are considered
How severe was your injury?
The extent of your injuries will have an effect on how much you could be entitled to. The injuries sustained from motorcycle accidents can vary substantially, as can the amount of compensation you could be awarded.
Minor fractures attract around £1000, whereas compensation for the most serious injuries, including paraplegia, can attract awards of up to £350,000. When making your claim, your lawyer will obtain an expert medical opinion on how your injuries might impact your life, in order to make an accurate assessment of how much compensation you are entitled to.
How have you suffered loss?
The court will also award compensation for all of the ways in which you have suffered loss financially. This includes loss of earnings and loss of future earnings. If your injuries will affect your capacity to earn in the future, your lawyer will calculate how much this could be worth. In order to do this, your lawyer will consider how old you are, your line of work and your capacity to carry out another job.