The Financial Burden of Car Accidents
Besides physical injuries, car accidents usually bring emotional and psychological stress. However, there is a financial side that you everyone should be worried about. When the injuries heal, bills start coming in. If you don’t have proper insurance, this could lead to a disaster.
If you ended up in a car accident and you believe to be a victim, you should contact our Los Angeles Car Accident Lawyers as quickly as possible. You are going to need professional help in order to dodge financial ruin.
Here is what you need to pay attention to and here are the most common financial burdens following a car accident.
Ambulance and Hospital Fees
The first costs that you will most likely encounter are ambulance and hospital fees. This involves an immediate response from an ambulance, consultation, diagnosis, your hospital stay, medicines and treatments you receive. Everything will be billed to you once you are out of the hospital. In most cases, these bills are “over the roof”, but luckily, if you have insurance, you shouldn’t worry much about them. However, if you don’t have insurance but believe that you may be a victim, the other party’s insurance company could and should cover your expenses. This is done through a settlement, for which you are going to need a Los Angeles Personal Injury Attorney. They will help you with:
Determining the full value of your case
Negotiating the settlement with the insurance company
Filling a claim
Property Damages
If your vehicle is damaged in the accident, you will face vehicle repairs, paying for towing (if the vehicle is totaled and cannot be moved from the scene), and these things can cost a substantial amount of money. If you don’t have an insurance, pray that the other party has one, otherwise you may end up spending a small fortune on car repairs.
If the party responsible doesn’t have a car insurance, your only option is your own insurance company, assuming that you have an insurance coverage. For any problems or complications, you best call one of our available attorneys as quickly as possible.
Long-Term Financial Effects
In case you sustained an injury that prevents you from walking or doing other actions, you will face long-term financial effects. Most car accident victims with disabilities require weekly therapies, which may last for months, even years. These therapies can be quite expensive and can place a significant burden on the family, especially now since the injured individual is unable to work and make money the same way he/she used to.
In such a scenario, you should seek compensation for your injuries and seek fully paid medical bills, including:
Treatments
Surgeries
Physical therapies
Medicine and drugs
Doctor’s appointments
Prosthetics
Let your attorneys take care of it while you focus on your recovery. In case you don’t have an attorney, our Los Angeles Car Accident Lawyers will assist you in securing the compensation you deserve. Act now, while you still have time and file all the paperwork before it is too late.
