World

How to Avoid a Financial Fiasco After a Car Crash

Published

2 years ago

June 22, 2021

A car crash can turn your world upside down in many ways. Hopefully, you’re safe, and everyone involved is okay, but there’s so much that could go wrong after a crash. Many problems involve money. The following guideline will help prevent you from falling off a financial cliff after this event.

Getting to Work Carless

If you get in an accident and can still work, but your car is out of commission, you’re going to have to figure out how to get to work. The moment you start letting this interfere with work is the moment you’ll fall off that financial cliff, and you don’t want that. You may have to deal with a lot of expenses after an accident. This is especially true if you aren’t fully covered, which can happen. Many folks don’t have full coverage and get the short end of the stick when they get into trouble. Public transportation will be more affordable than ride-hailing services, or you can talk to a coworker to see if someone is willing to give you a ride in exchange for gas or something like that.

Second Streams of Income

Consider creating another stream of income. If you can’t work because of an injury or another reason that makes it hard to work, you need an alternative solution. Some folks mistakenly think they don’t have to worry about money because the insurance will cover their expenses. Many people wonder how long does an auto insurance claim take, and the answer is it could take a long time. It could take months, maybe even years for you to see that money. Bills won’t stop coming in. They won’t wait for you to get the money owed to you. Consider doing things like renting out your backhouse or a room in your home. You could even rent out your garage. There are many ways to make some cash.

Working With a Lawyer

You’ll want to consider working with a lawyer to make sure this goes as smoothly as possible. A lawyer who focuses on car accidents and insurance claims is going to make things easier for you. They’ll deal with the paperwork, and the loops that insurance companies may put you through that make it seem like they don’t want to give you anything. A lawyer can ensure you aren’t tricked and get your money as soon as possible. Granted, it probably won’t be overnight, but you’ll probably wait less time than if you do this on your own. Make sure you interview a few lawyers and read several reviews before you decide who to work with.

Sticking to Doctor’s Recommendations

One of the worst things you could do is avoid doing what your doctor tells you. Getting everything owed to you depends greatly on your ability to listen to everything your doctor says. If you make a mistake, insurance companies may try to deny your claim. You might be surprised by what these people are willing to do so that they don’t have to pay you. In essence, they might argue that it’s your fault that you’re dealing with health care issues. If you make a mistake with your health, you could also hurt yourself.

Preparing for the Worst

Savings are vital right now, so make sure you start working on that. You don’t know how long things will take, and you don’t know what kind of emergencies might spring up on you at this time. What’s worse is that you could end up getting a lot less by the time everything is said and done. If that’s the case, you’ll need more cash than you anticipated. It’s time to budget and work on building a big savings fund to help you out should things get a little challenging later on.

These are some things you should keep in mind after a car crash. If you can stay financially afloat, then you’ll feel a lot better about your situation.

World

5 Common Personal Injury Case Types You Ought to Know

Published

3 weeks ago

November 14, 2023

Jenny Jackson

If you have ever been in a car accident or suffered a trip, slip, or fall incident, you know the end result can be weeks, months, or years of pain and suffering. As you seek to get back to full health, or at least to something close to normal, you’ll want to know what help is available to you.

The good news is that recourse is available should you suffer a personal injury due to another person’s negligence. But you’ll need the help of a personal injury lawyer to, first, determine if you have grounds to pursue a case and, second, build a solid case on your behalf.

You might be surprised to learn about the different kinds of personal injury cases recognized by law.

According to the National Safety Council, there were 62 million injuries and almost a quarter of a million preventable deaths in 2021. So, severe mishaps happen more often than you might think.

Keep reading to see five common types of personal injury cases to know about.

Motor Vehicle Accidents

The National Safety Council notes that there were 5.4 million medically consulted injuries due to motor vehicle mishaps in 2021, and the total costs for motor vehicle injuries were estimated at $498.3 billion. Costs include things like wages and productivity losses, administrative expenses, medical expenses, employer costs, and motor vehicle property damage.

If you’re involved in a car accident, the injuries sustained can be substantial. You’ll be fortunate if you’re left unscathed or perhaps with a few minor bumps and bruises. But severe injuries are an unfortunate possibility as well.

Another thing to remember about motor vehicle incidents is that it’s not just about drivers on the road — pedestrians, too, can file personal injury claims. Of the 1.3 million or so people who die each year in vehicle accidents worldwide, around half of them are pedestrians, motorcyclists, and cyclists.

Slip, Trip, and Fall Accidents

Did you know that one out of four Americans who are over 65 years old suffer a fall annually? Owners of private residences and public establishments are required to ensure their properties don’t present safety hazards to others. But falls don’t just occur when people are out and about. They often occur in the workplace.

In fact, slips and falls are the main reason for lost work days. And falls are the cause of over 8 million hospital emergency room visits each year.

Dog Bite Accidents

You might be surprised to hear that about 4.5 million people in the U.S. are bitten each year by dogs. Of that amount, around 800,000 people have to pursue medical attention after a dog bite. If a dog bites you, the costs could add up when you consider hospital visits, doctor appointments, and time off work.

Workplace Accidents

Many personal injury accidents take place when people are on the job. In such instances, you’ll need to file a workers’ compensation claim. Filers won’t have to prove that their employer was at fault, but they’re unable to sue for non-economic damages like pain and suffering under the workers’ compensation system.

A personal injury lawyer can, however, launch legal action outside of workers’ compensation to sue for non-economic damages you’re entitled to.

Product Liability Accidents

Another type of personal injury case involves product liability situations. If someone suffers an injury due to a consumer product deemed to be dangerous, a product liability case is possible. To prove such a case, you have to show there was a manufacturing defect, design defect, or inadequate warnings detailing the product’s dangers.

It’s also vital to know that a case can be launched by someone who, while injured by the product, didn’t buy the product.

These are five of the most common types of personal injury cases. If you’re injured and want to find out if you have a case, the best thing you can do is contact a personal injury lawyer. You can book a consultation and determine whether you have a case and the best course of action.