The Top Factors That Dictate the Size of Your Settlement

personal injury settlement
personal injury settlement

If you have been injured in a motorcycle accident, you might be interested in filing a claim. Sadly, motorcycle accidents are relatively common in the Minneapolis area. In the Twin Cities, an area that is mostly known for the Minnesota Timberwolves and the Mall of America, motorcycle accidents are relatively common. If the accident was not your fault, you should not be responsible for your medical expenses. That is why a personal injury lawyer may file a claim on your behalf. On the other hand, you might be wondering if you will get enough money to cover your medical expenses and lost income. What are a few examples of factors that could dictate the size of your personal injury settlement?

The Size of Your Medical Expenses

Remember that the entire purpose of a motorcycle accident settlement is to cover all expenses that you would not have faced if you were not involved in a motor vehicle accident. Therefore, one of the first factors that will play a role in the size of your settlement is the size of your medical expenses. Minneapolis motorcycle accident lawyers say that the more expensive your medical bills are, the greater your personal injury settlement should be. This makes sense. The goal of your settlement is to cover your medical expenses, so if you have a lot of them, your personal injury accident settlement should be higher.

Your Ability To Return To Work

If you are hurt and unable to return to work, you may lose a significant amount of income. After all, you probably only have so many vacation days, and your company needs to remain operational. If you are hurt and unable to return to work, a motorcycle accident lawyer may be able to pursue compensation for lost income. You still need to have money to cover your bills, and you may not know when you are able to return to work. Because your expenses can add up quickly, you need to reach out to a motorcycle accident lawyer who can pursue lost income on your behalf.

Any Property Damage

Finally, the extent of your property damage could also play a role in the size of your settlement. Even though you are supposed to have car insurance if you drive on the road, not everyone does. If you are involved in a motorcycle accident, and the other person doesn’t have enough insurance to cover your property damage, this could be included in your settlement. After all, if the accident was not your fault, you should not have to deal with the financial hassle of purchasing a new vehicle. You should work with a motorcycle accident lawyer who understands how to figure out what it will cost to fix your vehicle and how he or she can pursue compensation on your behalf.

Call a Motorcycle Accident Lawyer Who Can Help You

It is important for you to recover all compensation to which you are entitled. That is why you need to work with a personal injury lawyer who can help you. There are a lot of factors that will play a role in the outcome of your case, and a personal injury lawyer can walk you through the process, making sure you receive all compensation owed to you. This could include compensation for pain and suffering, medical expenses, and lost income. There may be a statute of limitations on your case, so remember that you need to reach out to a personal injury lawyer as quickly as possible. After you have gone to the doctor, contact a personal injury lawyer for a case review.

Read more: What Factors Are Considered During Sentencing?

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