Lawyer resource inforgrafic

Page 1

BUGG LAW FIRM CLAIM WORTH OF A MOTORCYCLE ACCIDENT

DAMAGES & LIABILITY FACTORS

Damages and liability must be assessed when considering the value of a motorcycle collision case. If it was found that no one was at-fault, maybe because there was no negligence, or because there is no evidence to support the claim

VALUE DIFFERENCES

Settlement and trial value are the two ways a claim for a motorcycle collision is valued. What the claimant expects to settle for is what a settlement value would be. In contrast to the trial value, which is what is expected to win at trial.

CALCULATING THE DAMAGES

Damages exist in two forms: those damages have a formula to calculate, and those damages that do not have a formula to calculate, also referred to as “general damages”, and “specific damages”.

CALCULATION OF LOSS WAGES

This task is simple because the plaintiff only needs to add what was lost in the past from them being out of work such as, employment benefits and loss in earnings.

FUTURE CALCULATION

This task is not as simple as past losses, because most likely there would be a requirement of an economic expert to show the capacity of future wage loss. www.bugglawfirm.com/claim-worth-of-a-motorcycle-accident


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.