The High Cost of a Car AccidentIf you have been in a car accident recently, you probably know firsthand about the high cost of a car accident. If you were injured and the accident was not your fault, you may have compensation that is due you for your injury. However, in order to get all of the compensation that is rightfully yours, you will probably need the assistance of a personal injury attorney.
Tragically, the highest cost of a car accident is the loss of human life. After 6 consecutive years of declining car accident fatalities on United States highways, fatalities increased in 2012. In 2012, according to the National Highway Traffic Safety Administration (NHTSA), 33,561 people died in motor vehicle crashes. This represented a 3.3 percent increase from 2011, when 32,479 people died.
According to the NHTSA, an estimated 2,362,000 people were injured in motor vehicle crashes in 2012. This marked an increase of 6.5 percent from 2011, when 2,217,000 were injured.
Another one of the high costs of a car accident is the cost of medical care for resulting injuries. In 2010, according to the Centers for Disease Control and Prevention, the cost of medical care, along with productivity losses, for injuries sustained in a car accident amounted to more than $99 billion. This represents almost $500 for every licensed driver in America.
What do these statistics mean to you? What could a car accident cost you?
How much medical care will cost you as the result of a car accident depends on several things. These include:
The severity of your injuries
The time it will take to recover from your injuries
The amount of time you are unable to work
The possibility of partial or permanent disability
The need for ongoing medical care.
Another high cost of a car accident is the loss of productivity or time spent missing work that results from injuries caused by a motor vehicle crash. There are factors that will determine just how much this may cost you if you have been injured in a car accident that was not your fault. Things like the amount of time you miss work and how much you make will determine how high the cost of a car accident will be for you.
The cost of repairing your vehicle is another one of the high costs of a car accident. Just as car prices have increased thru the years, so has the cost of repairing a car. In a 2008 study that was released by the Insurance Institute for Highway Safety (IIHS), it was suggested that the average cost of repairing a car after a car accident was slightly more than $4,000. In a similar report in 1972, the average cost was a little more than $400.
Not your fault
Again, if you have been involved in a car accident recently, you know all to well about the high cost of a car accident. If you were injured in the car accident and it was not your fault, there may be compensation that is due you for your injury.
To repeat, in order to get all of the compensation that is rightfully yours, you need a personal injury attorney on your side.
Article written by James Shugart
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