Motorcycles are not just a form of transportation but also a way of life. The clothing, the helmets and the bikes themselves reflect the very soul of each individual biker.
As a lifetime motorcyclist, the founding partner of Hirsch & Lyon Accident Law P.L.L.C., Greg Lyon, understands the importance of your bike and the heartbreak when it is destroyed in a wreck. For this reason, we consider property damage a primary issue in your case. We pursue maximum possible damage compensation for your injuries and your bike.
Accurate Calculation of Bike Value
Motorcyclists take special pride in their bikes, often investing thousands of dollars in aftermarket accessories, such as custom seats, pipes, chrome and paint jobs. These add-ons can substantially increase the value of the bike far above the original market price.
After an accident, however, you are likely to deal with an insurance agent with little knowledge about motorcycles and no appreciation for the care you put into fixing up your bike. Most insurance agents go strictly by the book when valuing vehicles, a method that does not factor in your aftermarket investment. The NADA guides, for example, simply consider the bike’s make, model, year, condition, mileage and other basic factors when quoting a value. This might be a relatively accurate means of valuing a stock motorcycle but is inadequate for valuing your motorcycle.
Our Bullhead City accident attorneys take a detailed accounting of each improvement you made to your bike and factor these parts into our damages calculations. We also recognize the difference between “good condition” and “pristine” and demand top dollar for a showroom-quality bike.
Recouping Diminished Resale Value
Selling a motorcycle that has been in an accident is problematic. Your fellow motorcycle enthusiasts are unlikely to purchase your bike, even after a skilled mechanic makes all the needed repairs. Instead, you will likely be forced to accept much less than your motorcycle would have been worth had the accident not happened.
Our accident lawyers understand the motorcycle market and how an accident affects bike sales. We help you recoup your bike’s diminished resale value in addition to its actual damage costs.
Arizona Property Damage Insurance Laws
All Arizona drivers must carry a minimum of $10,000 in property damages liability insurance. This law was passed many years ago and has not been revised to reflect the increased prices of mechanics’ repairs and new vehicle purchases. The law certainly does not account for the high-level investment motorcyclists make in their bikes.
Unfortunately, many drivers only purchase the minimum amount of insurance required by law and have insufficient funds to fully compensate you for your injuries and property damages. Our lawyers fight for the maximum possible damages and consider other sources for winning full compensation for you.
Recover Property Damages for the Full Value of Your Bike and Diminished Resale Value
Our lawyers understand how important your bike is to you and fight for the property damages you deserve after an accident. Call Hirsch & Lyon Accident Law today at 928-716-1331 to schedule a free consultation, where you will learn more about your rights and options for property damages recovery.