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The True Cost of Car Accident Injuries

Guy in a stretcher

Getting injured in a car or truck accident can take a toll on your physical and mental health, and can result in high expenses over the course of your lifetime. Having a complete understanding of what those expenses will be prior to agreeing to release your claims is critical to ensuring you don’t settle for less than you’ll need to make a full recovery. Before agreeing to a settlement offer from the at-fault party or their insurer, arm yourself with facts about the costs that result from an injury accident, and speak with an attorney to learn the full value of your own claims stemming from a crash.

A broader look at accident costs offers a more accurate estimate

The cost of your car accident injuries aren’t limited to the deductible you’ll pay to your insurer, or the costs of a doctor’s copay. The true financial impact of an accident extends to such costs as lost work from visiting the doctor, administrative fees and court costs, delays in travel from having lost use of your car, and the cost of prescriptions and injury rehabilitation. According to the National Safety Council, the average economic costs from a car accident where the victim had evident, but not disabling, injuries reached $25,600. Where the victim incurred disabling injuries (i.e., permanent injuries, or injuries preventing them from carrying out their normal activities for a full day after the day of the accident), those economic costs reached $88,500.

Early offers to settle generally aren’t best

A settlement offer which arrives immediately after an accident may sound like a lot of money, but be cautious about such offers. These immediate settlement offers come before you’ve learned the full extent of your physical injuries or the damage to your property. You may not know how much work you will need to miss to make it to doctors’ appointments, or simply due to being in too much pain to go to work. Finding an attorney who understands how to accurately value claims is crucial, so that you know what you’re entitled to get from an at-fault party and will have the knowledgeable representation necessary to get it.

If you or someone you love has been hurt in an accident caused by a negligent driver in New York, seek out seasoned and dedicated legal help to make sure you receive full compensation for your injuries by contacting the Hudson Valley personal injury attorneys at Rusk, Wadlin, Heppner & Martuscello for a free evaluation of your claims, at 845-331-4100 (Kingston) or 845-236-4411 (Marlboro).

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