Average Motorcycle Accident Settlement

The average motorcycle settlement depends on a number of factors, but generally speaking each case varies due to the severity of injuries suffered by the injured party and the overall amount of damages from the crash itself. By consulting with a personal injury lawyer you can begin to understand what kind of settlement you may be entitled to. A personal injury lawyer will go over your medical records and medical expenses related to the crash and how long your case will take to settle.

2020 saw 26 motorcycle deaths and by the middle of 2021 there were already 30 motorcycle crashes. Despite the number of deaths from motorcycle related crashes being relatively small, many factors can come into play to cause a crash. These are weather related incidents, driver error, fatigue, etc.

Motorcycle settlements rarely surpass $1,000,000 for a single case, especially in New Mexico. The top settlement in 2018 in the US was just over $41,000,000 and the average settlement stayed around $73,700 from 1999-2006.

Crashes are becoming more and more common involving motorcycles and can happen at any time across the State. Medical bills can become a huge burden and without a settlement, many New Mexicans fail to recover from such an accident due to its seriousness.

The simplest way to determine the value of your case is by finding out who is at fault. If you can demonstrate that the other driver in the accident was at fault and have evidence to back it up, your lawyer will use that information to obtain compensation for you. The more you can show that the other driver was to blame, the better chances of a favorable settlement. In some cases you may be partly to blame and that will diminish the overall amount of compensation you are entitled to receive.

The most common motorcycle injuries include spinal cord injuries, broken arms or legs, facial fractures, traumatic brain injuries and road rash. TBI’s and organ damage can and do become life-changing and in some cases permanent injuries. These are the types of injuries that command the highest settlements due to the fact that such injuries can impact a person’s ability to live and work as they once did. Contact us about your motorcycle accident today and we will assist you in understanding your options in receiving a fair settlement for your injuries.