A Look into How Quickly Collision Costs Can Skyrocket

 Posted on December 00, 0000 in Car Accidents

Car accidents are responsible for a rising number of personal injuries in Illinois. They can prove to be costly depending on the severity of the collision and the number of people and injuries involved. USA Today reported AAA statistics that showed collision costs per individual reaching nearly $1,800. In regards to accident-related deaths, statistics show that a single fatality can cost up to $6 million.

These high costs are unexpected and longer lasting than an individual might initially expect. Costs that may contribute to this total are:

• Emergency services;
• Medical expenses;
• Property damage; and
• Wages lost.

Car accident victims can suffer any number of injuries that range from minor to severe, including broken bones, whiplash, head injuries, and back injuries. The traumatic experience of a car accident may also require follow-up medical care and assistance, physical therapy, and pain medication that can lead to ongoing discomfort, stress, and cost for a person and their families.

Medical debt is a problem for many Americans, especially when car accidents and their associated costs arise unexpectedly. The Atlantic reported that 63 percent of Americans have received a medical bill that was a higher amount than they expected to pay. It also shared that Americans pay more for medical debt, up to three times higher, than bank or credit card debit combined. It may takes months for an insurance company to settle a car accident claim and increasing costs can lead to financial strain for any situation. Our law firm is here to help you.

Costs can quickly add up after a collision occurs. When medical expenses continue to add up, it can start to become overwhelming, and we want to help ease this burden for you. Our attorneys can file a claim on your behalf when you have been involved in a car accident that has resulted in personal injury. You may be eligible for compensation, but there is a statute of limitations you must meet to successfully file a claim. If you or a loved one have been involved in a collision in Illinois, contact an experienced Chicago car accident attorney today for a free case evaluation.