Protecting Yourself Financially After A Car Accident

Car Accidents
An automobile collision may occur in a fraction of a second, but the ramifications of an accident can linger for months or many years. Catastrophic motor vehicle accidents often cause bills well beyond simply repairing a vehicle. An automobile accident might leave you saddled with enormous medical expenses if you don’t know how to protect yourself.

What To Do After An Accident

If you are in an accident, consider taking these preventive actions in the immediate aftermath:
  • Call 911 to inform the authorities
    Police officers will visit the site and create an accident report with essential facts on the accident, such as the other driver’s name, witness contact details, descriptions of your injuries and the damage to each car, and more.
  • Seek medical treatment
    You should be assessed by a medical expert as soon as possible following the accident. A physician may discover internal injuries you may not even realize you have.
  • Collect evidence
    If you can, take photographs and videos of your injuries, car damage, debris, and the accident site. You should also talk to any close witnesses who may have witnessed the accident occur and ask for their contact information.
  • Collect documentation
    Collect any documents relating to the accident, such as medical records, the accident report, hospital bills, and proof of lost work.
  • Maintain a journal
    Maintain a daily notebook to track your physical and psychological well-being. This information will assist your attorney in calculating your non-economic damages for pain and suffering.
  • Consult an experienced personal injury attorney immediately
    If you attempt to handle the claims process on your own, you risk receiving a settlement that is less than you deserve. Contact Counsel Hound to get a free consultation and assess if you will be compensated handsomely for the damage you are facing.

Submit A Claim To The Other Party’s Insurance

After an automobile accident, the at-fault driver’s liability insurance should cover your costs.

If you have gathered the information listed above, you or your attorney will be well prepared to contact the other party’s liability insurance provider to make a claim and support your claim with documentary evidence.

Financial Protection Following An Accident

The following are some of the most critical steps you should take to financially protect yourself if you are wounded in an accident:
  • Seek financial aid for hospital expenditures
    If you lack health insurance, you should immediately call the medical facility where you are receiving treatment or have your attorney contact the hospital on your behalf. You and the hospital or physician’s office may be able to work out a payment plan. By interacting with your healthcare providers, you may prevent unpaid bills and debt collection.
  • Contact your insurance carrier
    The insurance provider may take some time to process your claim. Occasionally, insurance companies may purposefully delay your claim in order to extend the statute of limitations, the time period within which you can bring a lawsuit. By periodically inquiring about the progress of your claim, your attorney may exert pressure on the insurance company.
  • Solicit assistance
    If you have had a serious injury, it may be difficult to keep track of your papers and medical costs. Do not be hesitant to enlist the assistance of a trustworthy friend or family member to assist you in organizing your paperwork and ensuring that your payments are made on time.
  • Avoid hasty settlement agreements
    Insurance companies may sometimes give you a hasty, lowball settlement in order to clear your case from their records, particularly if they believe you have a good case. This sum, however, seldom reflects the full value of your claim. Avoid signing any settlement agreements without first consulting an attorney.
Following these suggestions will help you avoid crippling medical debt and may boost your chances of obtaining the compensation you need to reclaim your life.

Submit An Application For Compensation For Lost Wages

If you have been injured in an accident and must take time off work to heal, you may also file a lost wages claim with the at-fault driver’s insurance, your own uninsured motorist insurance policy, or both.

To ensure you get the value for the lost wages you to which you are entitled, it is critical to have proof. Pay stubs, W-2s, tax returns, invoices, and letters of employment are all common sorts of evidence in a wage loss claim. A doctor’s letter may also be used to demonstrate that your physician advised you to take time off to recover from your injuries.

If you file a personal injury case, you may include lost income in your list of sought-after damages. Additionally, you may seek compensation for potential lost income if you are unable to work or have a limited earning ability as a consequence of the accident.

Hire A Personal Injury Lawyer

If you want to sue for damages stemming from your injuries, you are strongly advised to hire an experienced and reputable personal injury lawyer. CounselHound’s network of experienced automobile accident attorneys can assist you with determining your legal rights for rebuilding your life after a traumatic accident. Contact us on our website or give us a call at (1-855-804-6863) to schedule a free introductory consultation.

No-Cost Case Evaluation

Law is complicate matter. It can cause you a big problem if you ignore it. Let us help you!

No-Cost Case Evaluation

Law is complicate matter. It can cause you a big problem if you ignore it. Let us help you!

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