How Car Accidents Can Put A Dent In Your Wallet

The physical injuries caused by a car wreck can be bad enough, but if you don't take action quickly to get some monetary compensation, you might be facing even greater complications. You can expect to take a hit to at least two major areas, so read to find out more.

Medical Expenses

No matter how awesome your auto insurance coverage is, you may still be on the hook for some charges after the dust settles. Insurance companies typically only cover a certain percentage or certain types of charges, and you can bet your bottom dollar that you will be billed for the balance. Even minor accidents can increase the bills to exorbitant amounts, and when you consider that the other driver caused your accident, you may be justifiably ticked off about paying any medical costs associated with your accident at all.

Consider this example. You are injured in a car wreck and the first responders decide that you need to be airlifted to a trauma unit. They call for a care flight helicopter ride, and you are transported to the hospital. Did you know that an air rescue flight can cost up to $50,000.00? Since you are injured, you are in no position to make a decision at the time of the incident.

If the insurance company refuses to pay for that extra expensive trip to the hospital, the only recourse available to you is to file a personal injury lawsuit against the at-fault driver, to force their insurance company to pay what is owed in medical bills, no matter how high.

Lost Wages

If you are like most people, you need to work to make a living and pay your bills. Likewise, even a few hours or days of missed work can make a huge difference in the amount of your take home pay. Being involved in a car accident presents a great number of opportunities to miss work, and you will likely watch in dismay as your bank account shrinks as time goes on. Even relatively minor accidents can cause you to miss work. For example, you may need to take time off for:

• A trip to the emergency room for a medical evaluation after the wreck
• Tests such as X-rays and blood work
• Going to the drug store for prescribed medication
• Going to the medical equipment store for crutches, canes, raised toilets and other durable medical equipment
• Taking care of getting your car repaired or replaced
• Appointments with doctors to follow up on any injuries
• Surgeries and long hospitalizations
• Physical therapy appointments
• Staying home from work to recuperate

Speak with your auto accident attorney right away for more information about getting compensated for huge costs that result from the car accident.