Being involved in a vehicular accident can have a devastating impact on your life. Firstly, it could have a significant effect on your health and well-being. Furthermore, it may cause you to suffer financially because you may have to cover medical bills, your lost wages and numerous out-of-pocket expenses.
The aftermath of a car accident can leave you feeling helpless and not quite sure where to turn. That’s why understanding your right to compensation is important. Outlined below are the three main categories of damages that the court might be able to offer you:
Compensation for property damage
The extent of the damage done to your vehicle will be examined. In some cases, it will be possible to repair the vehicle. On the other hand, often the vehicle is classified by an insurance company as a total loss. Essentially, this means that the cost to repair the vehicle exceeds its total value. You can also receive compensation for other personal property items — like laptops and phones — that were destroyed in the wreck.
Compensation for medical costs
The costs of your medical treatment can also be factored into any judgment for damages. This begins with any medical treatment required in the immediate aftermath of the collision, including ambulance transportation. It can also include varied items like occupational therapy, physical therapy, stays in a nursing home, assistive medical devices and more.
Compensation for lost wages
The cost of your lost current and future wages can be factored into your claim for compensation. Importantly, damages for lost wages can also recompense those who are no longer able to work because of life-changing injuries. An injured party might only be able to earn a lesser amount than they did before the accident. Generally, the court will award damages that attempt to restore the balance.
Familiarizing yourself with the law relating to personal injury is in your best interest. It is important to know that there are legal options available to you after suffering a catastrophic injury in a car wreck.