How Can You Assess Non-Economic Damages?
Motorcycle incidents may lead to losses that don’t have a specific monetary value. For instance, these accidents could result in physical impairments that diminish your daily living quality. They might also induce suffering, disfigurement, or psychological trauma.
Calculating the reimbursement for non-economic damages is different from assessing other injuries. One way to determine the settlement you require is by judging the gravity of the situation. If you’re experiencing anxiety, consult with your therapist to understand how this will impact your life. The expenses necessary for treatment and its consequences must be figured out. This estimated cost can then be used to seek compensation for psychological injuries.
Additional aspects to consider for evaluating non-economic damages include:
- The effect of the injury on your daily life
- The number of ways it will influence your existence
- The emotional pain caused by the injury
- Forecasted earnings you may lose because of the damage
Can You Negotiate for a Better Settlement?
After submitting a claim for a motorcycle incident, the insurance company may present you with a settlement proposal. If their offer doesn’t adequately address your damages, don’t hesitate to negotiate for a higher figure. At this stage, initiate discussions with the insurance adjusters. Explain why the initial amount falls short during these talks and provide proof to support your assertion.
For example, show medical bills and repair receipts that reveal higher costs than initially offered. The insurer might then suggest a different sum you can accept or turn down.
Another strategy to achieve a better settlement is to propose a counteroffer. Ask the insurers to provide a specified amount while proposing to refrain from filing a lawsuit or to withdraw a current one in exchange. Ensure your request comes across more as a negotiation than a threat.
Which Damages Can You Seek After a Motorcycle Accident?
When seeking compensation for injuries stemming from a motorcycle mishap, you can pursue various damages. One category you may include is pain and suffering, which refers to the distress the accident created in your life. These damages can encompass other hardships, such as:
- Decreased enjoyment of life
- Mourning the wrongful death of a family member
- Continued physical disabilities
- Disfigurement
- Pain and discomfort from injuries or treatment
If your injuries prevent you from working, seek compensation for lost wages. Additionally, account for the career paths you may miss out on during your healing process.
Other damages you can pursue from a motorcycle accident include:
- Medical costs
- Expenses for home modifications due to disabilities
- Loss of companionship
- Damage to personal property.