The Financial Burden of Car Accidents
Car accidents can generate a heavy financial burden, especially if you are forced to take time off work to recover from your car accident. If you’ve been injured by another driver in an accident, you may be eligible for multiple types of compensation.
Many different expenses can arise from being affected by a car accident. You’ll have to deal with property damages, medical bills, trauma, treatments, pain, inability to work, and other forms of suffering.
We’ve prepared a list of the most common types of damages that you could receive compensation for during your settlement:
CAR ACCIDENT PROPERTY DAMAGES
Property damage is something that you’ll immediately need to work on if you have no other form of reliable transportation. Take photos of the damage to your vehicle. Have a police officer on duty note the damage done to your vehicle, followed by getting a mechanic to formalize a list of necessary expenses that will be incurred in order to return your car back to its proper condition. You may be entitled to a rental car for a period of time following the accident as well.
MEDICAL EXPENSES/DAMAGES CAUSED BY A CAR ACCIDENT
Reimbursement for your medical expenses includes all payments you make related to the accident such as:
- Physical Therapy
- Cognitive Therapy
- Ambulance Fees
- Doctor Consultations
- Medical Supplies
- Permanent Disability Costs
- In-Home Care Services
- On-Going Care and Treatments
LOST WAGE DAMAGES DUE TO A CAR ACCIDENT
This type of compensation includes payment for time you were unable to work while recuperating, as well as any future loss of wages. With a letter from your employer along with important information about how much you are paid, a medical report of how many days you’ll be unable to work, and any other useful information will help you make your case when trying to receive compensation due to an inability to return to work right away. You may be entitled to lost wages from the insurance company even if you received paid time-off such as sick leave.
PAIN AND SUFFERING DAMAGES FROM A CAR ACCIDENT
Pain and Suffering is a general term that refers to the physical and emotional trauma an injured person experiences during the accident and the recovery process. This often results in a compromise of some form in your quality of life. The charge for these types of damages often depends on the severity of the pain or injury experienced, the length of such pain, and any other after-effects that may come with experiencing an accident including inconvenience.
OUT OF POCKET EXPENSES AND DAMAGES
This type of damage or cost usually refers to any other miscellaneous costs that were incurred after the accident, such as transportation, parking tickets, towing, and over-the-counter medical supplies. The guide to understanding what costs qualify for this type of damage lies in your usual purchasing habits, wherein it can be inferred that if you don’t pay for those costs normally, then they are part of the out of pocket expenses that must be reimbursed or financially compensated for. Proper documentation of such expenses is generally required as well.
When it comes to receiving all compensation you are entitled to after a car accident, you should hire an experienced attorney that specializes in personal injury law, such as one of the attorneys of Potter Burnett Law. They will be able to protect your right to financial compensation while guiding you through the entire process of a personal injury claim.