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A Guide to Road Accident Compensation Claims

Guide to Road Accident Compensation Claims Receiving compensation after a car or motorcycle accident can be a long and complicated process. If you’ve recently been in a crash and are struggling, don’t worry. With the help of this guide, you can get the compensation you deserve.

Who Pays the Compensation After a Road Accident?

In most cases, the insurance company of the driver at fault is expected to pay the compensation. Usually, drivers pay a set amount every month as part of an insurance plan, which then covers them in the case of an incident. Presumably, you have this type of cover, too, as it’s usually a legal requirement for drivers in most countries.

However, some insurance companies can be very tricky when it comes to paying out. Sure, they might pay you some money – but not the total sum that you’re entitled to. In certain cases, they’ll try different strategies to avoid paying you the full amount, especially when it’s a large amount of money.

So, if you’re in a situation where your insurance company is refusing to pay out, the best move to make is to contact a lawyer. For example, if you were in a motorcycle incident, you’ll need help from specialist motorcycle accident lawyers like those at therawlinsfirm.com. With legal professionals on your side, it makes the process of receiving compensation a lot easier.

How Much Compensation Can You Receive for a Car or Motorcycle Accident?

Compensation amounts vary from case to case. Generally, the more severe an accident is, the more compensation you’ll receive, such as if it was the other driver’s fault and you’ve experienced a life-altering injury.

Sometimes, what people might find is that they’re owed much more compensation than they realize. This is usually because of factors such as:

Guide to Road Accident Compensation Claims Average Car Accident Injury Claim

The average claim for an injured victim from a car accident is $29,700.

For car accident victims who haven’t been injured, the average compensation is $16,700.

Average Motorcycle Injury Claim

In the case of motorcycle accident claims for injuries, the average compensation is around $80,000. Sometimes, it can even go into the millions if the incident was severe.

How Long Does It Take to Receive Compensation for a Road Accident?

The length of time it takes to receive compensation (providing your case is successful) can range from weeks to months. In some cases, it can take years. In a straightforward case, the victim will receive compensation from their insurance company right away (which should take around 2 to 4 weeks). However, in more complicated cases, such as when an insurance company won’t pay out or when a car manufacturer is being sued, it can take much longer.
The key during this process is to remain calm and be patient while trying to live your life as normally as possible. Don’t let your accident and the compensation process take over your life – it’s not good for you, your friends, or your family. Instead, it’s much better to let your legal team do the work for you in the background until your case is settled.

Copyrights © 2022 Inspiration Unlimited eMagazine


Any facts, figures or references stated here are made by the author & don't reflect the endorsement of iU at all times unless otherwise drafted by official staff at iU. This article was first published here on 22nd October 2022.

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