Debating whether it is worth your time to file a lawsuit after a car accident? Many auto accident victims have been hesitant to seek full compensation for their injuries. Often, they think that the extent of their costs will be some time in a hospital and some prescriptions, maybe physical therapy and little else. Or they think that insurance or their company’s disability benefits will cover them.
This is nearly always inaccurate. While you may get some financial assistance from these programs, it will not fully compensate you for the consequences of the collision. Whatever you think your crash’s costs are, the reality is that the total is likely much higher. Indeed, the Centers for Disease Control and Prevention (CDC) reported that productivity losses and medical care resulting from motor vehicle accidents cost more than $99 billion in 2010 alone, with direct medical care accounting for $17 billion in expenses.
How much does a car accident cost?
Certainly, the immediate responses are to consider medical costs, the cost of repairing your vehicle and getting back on the road, and maybe some lost wages while you are unable to return to work.
These expenses are only the start of your bills. Not only can medical costs include hospital stays, visiting specialists for particular injuries, prescriptions, rehabilitation and physical therapy, but they can also include long-term care and subsequent doctor and hospital visits. Delayed-onset symptoms and injuries can show themselves days, weeks and even months after the injuries and be just as serious as the initial ones. Brain and internal injuries, for example, may not show themselves immediately until after the broken bones, burns and other visible injuries are treated.
Future medical issues may also mean even more time out of work and a longer delay to get back on the road, if it is possible for you to do so. Additionally, if your injuries leave you unable to live as you did before, you may have to pay to modify your home to accommodate your injuries.
These health care costs are often not apparent at first, and there are still more financial damages to consider.