How Much Does a Car Accident Cost?
The cost of a car accident depends on the type of accident, the type and value of the vehicle, and the extent of the damages, injuries, and other losses the victim has. In situations where a minor accident occurs, damages may cost several thousand dollars. In serious car accidents, costs can rise to $50,000 or much more.
If you have been in a car accident caused by another person or business, you may be able to recoup the losses you have from the at-fault driver. At Tyroler Leonard Injury Law, our car accident attorneys will provide you with hands-on support as you compare legal strategies. Let us help you determine how much your car accident costs.
The Factors That Influence the Cost of a Car Accident
When a person is in a car accident, the losses they suffer are dependent on the type and level of care they need, as well as the damage to their vehicle, lost time at work, and pain and suffering. As you pursue the legal rights you have in this situation, there are a few key areas of common car accident losses that could impact your claim for coverage.
Common car accident costs include:
- Medical bills: Medical care after a car accident can involve emergency transportation to a hospital, ER treatment, care in a hospital setting, as well as ongoing support for recovery. Medical bills can also include medications, therapy, and any in-home or out-of-home care you need.
- Damage to your vehicle and property: In most cases, car repairs are necessary, but if the damage is extensive, you may be paid the value of the car at the time of the loss. Damage to any personal belongings in your vehicle may also be considered a cost of the car accident.
- Lost time at work: If you are hurt and unable to work, you may add lost time at work and any other benefits you did not have to your car accident claim.
The costs associated with your car accident may also include additional losses, such as those that may not have a specific invoice or documented dollar amount associated with them. When you work with a car accident attorney to determine how much your car accident is worth, you may learn about additional losses, including:
- Pain and suffering
- Emotional distress and trauma
- Loss of consortium
- Loss of earning capacity
- Lost productivity
- Losses related to damage to relationships.
These losses can be extensive, especially if you need ongoing care or may not fully recover from the accident. When filing a claim for a car accident, it is up to you to determine all of your losses. The at-fault party may be responsible for paying for those losses.
The Cost of a Car Accident When Someone Dies
The cost of a car accident may be much higher in the case of a fatality. This could include additional losses related to the expenses related to death as well as losses associated with the person’s life. It could include losses related to the income they no longer contribute to the family, as well as loss of companionship and emotional trauma to the surviving family members.
If your family member died as a result of a car accident, our wrongful death attorneys will navigate this process for you, including calculating the cost of the car accident. It is always important to work with a wrongful death attorney to help you with this process. Reach out to our team today for immediate help.
What to Do If You Are Hurt in a Car Accident
If you suffer an injury in a car accident, the cost can be overwhelming to face on your own. If someone else caused that loss, you need personal injury attorneys from Tyroler Leonard Injury Law by your side. Our team of highly experienced car accident lawyers will help you determine the cost of a car accident in your situation, maximizing the amount of compensation you receive. As with all types of car accidents, it is important that you obtain the car accident report for your case (Minnesota, Wisconsin).
Set Up a Free Consultation with Our Legal Team
The first step in your situation should be to hire a car accident attorney who has ample experience to fight on your behalf. Our attorneys go to work right away. We determine who is at fault in your case and protect your right to compensation.
Determine Who is at Fault
Most of the time, the police report filed at the time of the accident or later will make a statement as to fault, meaning that the at-fault party is responsible for what occurred and should pay for any of the losses you suffered.
We do not stop there. We gather all evidence in the case to determine if anyone else is at fault. If you are being partially blamed for the car accident, we will investigate that evidence and, when possible, try to refute it to ensure you can file a claim for your losses.
Examine Your Total Losses
Car accident costs are often much higher than just medical bills or repairs to your car. As your attorney, we understand the complexity of these cases, including how damaging these accidents can be to your future. Expect our car accident lawyers to be very thorough in determining what all of your losses are.
We Fight the Insurance Company
Typically, the insurance company of the at-fault party pays for the losses, up to the coverage amount of that policy. Insurance companies, as for-profit organizations, want to reduce how much they pay you. To minimize this risk in your case, there are several steps we take:
- We provide proof of your losses. Evidence makes it very difficult for the insurance company to refute your claims.
- We use expert witnesses, including medical professionals, to document the long-term impact of this case on your health and well-being.
- Our team negotiates with the insurance company, answering any questions they have for you.
- We do not let them invade your privacy any more than is necessary for you to get compensation.
- You can expect us to work quickly to ensure this process is as smooth as possible.
Most of the time, the insurance company will settle the claim. That means you receive a check for the money owed to you.
We Go to Court When We Need To
If the insurance company is unwilling to settle in a fair manner, our dedicated team of professionals is ready to fight for you in court. We will file a lawsuit against the parties who owe you, gather evidence, answer questions, and stand by your side as you face any questions from the other party or judge.
With our aggressive, comprehensive level of legal representation, you can expect us to work hard throughout this process to help you get the compensation owed to you. When we do, you get to move on with your life and put this accident behind you, paying off the costs of your car accident as you do.
We Manage the Complexities of Your Car Accident in Full
When you are faced with some of the most tragic outcomes in a car accident, you need someone you can trust to handle this situation for you. Here are some of the reasons why you can trust us.
- We handle the hard cases. That could be multiple-car collision accidents where it can be difficult to prove who is at fault.
- Our team fights the insurance company for you. Though we work in a positive manner with insurance companies, we understand insurance settlements and where the gaps are. We protect you.
- Our experience is proof of the hard work we do. Ask us about other cases like your own and what we did to help.
Get the Legal Support You Need Now
Call Tyroler Leonard Injury Law now for a free consultation by dialing (651) 259-1113. Our extensive experience and comprehensive level of help are always available to you. Let us determine how much your car accident cost you and how to recover those losses.