A car accident, no matter how minor it seemed at the time, is a major disruption in your life. For many people, the idea of filing a lawsuit against the other party feels awkward and uncomfortable. Asking for money is never easy, but it can be a financial necessity to pay for accident-related expenses.
Car accidents happen every day to good people; statistically speaking a person will be involved in three to four accidents in their lifetimes. No matter how carefully you drive, the odds are not in your favor and a car collision results in numerous unplanned expenses. The unexpected costs from an accident can be a financial nightmare.
The average collision with injuries costs nearly $24,000. Accident-related expenses can include medical bills, car repair costs and lost wages. In addition, non-economic losses such as pain and suffering should also be factored in.
As the expenses mount, you may wonder how you can afford to pay them. Seeking adequate compensation in order to cover the costs of the accident is not greedy. Rather, it is simply a practical step to make sure you do not suffer undue financial hardship.
Ensure fair compensation
Unfortunately, suing after an accident is often the only way to ensure fair compensation for your losses. Just going through the standard process of negotiating with insurance providers will end up in less than adequate compensation. Insurance providers are supposed to represent the interests of their policy holders, but they still function like any other business and want to protect their bottom line.
Although your insurance company will be an advocate for you against the other driver’s insurance company, their advocacy is a conflict of interest. Your insurer also wants to limit expenses paid and will try to reach a quick and easy settlement, which might be less than you deserve.
An advocate for you
Even before making a decision on whether or not to sue the other driver, it is important to gather evidence for your claim. Keep copies of all your medical expenses, bills for property damage and any photographic evidence you may have. This information will be used to estimate the amount of money you should be able to collect. If your insurer or the other driver’s insurance company is attempting to settle for less than your expenses, it is in your best interest to hire a personal injury lawyer.
A lawyer will function as your advocate, negotiating on your behalf to maximize your recovery settlement. Don’t let the social stigma of asking for money deter you from seeking just compensation. There is no need to settle for less than you deserve.