How much is a typical motorcycle accident settlement?

The amount of a typical motorcycle accident settlement in California can vary widely. Depending on the circumstances of the accident, and the extent of the injuries and property damages, a settlement could range anywhere from a few thousand dollars to several million dollars. In California, personal injury damages are usually paid out in one of two ways: either a lump-sum payment or structured settlement. A lump-sum payment is a single payment made to the injured person at the time of the settlement. On the other hand, a structured settlement involves regular payments made over time. The amount of a settlement typically depends on the facts of the accident, the severity of the injuries, the amount of property damage, and the amount of insurance coverage available. In some cases, an insurance company may be willing to make a sizable settlement if it appears the injured person could win a larger award in court. This practice of “settling outside of court” often results in larger awards for the injured person, as the insurance company will want to avoid the potential for a more substantial damage award being granted in court. It is important to remember that the amount of a settlement is often dictated by what a person can prove in court, so it is important to have an experienced motorcyle accident attorney on your side to help ensure that you receive a settlement that is just and fair.

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How much is a typical motorcycle accident settlement?

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