The Hidden Costs of a Motor Vehicle Accident

The moment you hear the impact, your world is altered.  Being involved in an automobile accident can be a scary and stressful experience.  It becomes even more traumatic when an injury occurs, and if you have to deal with both the damage to your vehicle and nursing yourself back to health, the financial costs can become a bit overwhelming.  If you are not at fault for the accident, you likely will not have to pay any of your insurance costs out of pocket, but waiting for the insurance companies to resolve the claim can leave you on a cliff’s edge financially.

 

Say for instance that you were rear-ended by another driver while sitting at a stop light.  You end up suffering severe whiplash and a possible cracked vertebra.  On top of that, your vehicle ends up not being drivable due to the damage and it has to be towed from the scene.  What do you do when you end up missing work, wages, and have to wait for everything to be resolved by the insurance company? We hate to break it to you, but insurance companies do not rush their settlements just because someone is injured and inconvenienced due to losing their vehicle.  They take their time studying the claim, contacting the other party involved to gather information, and once they make a decision, they would then be able to help resolve the different billing issues.

 

Man on cell phone next to a damaged vehicle

 

In the meantime, however, the bills remain and collectors are not sympathetic especially when someone owes them money; you will likely have to pay for a rental vehicle while your car is being fixed, and address any medical expenses you incur.  This is where a personal injury cash advance becomes extremely useful, as the advance helps you deal with the medical bills that you need to pay, as well as other expenses.  Don’t fret if the day comes where you find yourself injured in a vehicle accident! All you have to do is apply for a personal injury cash advance and you can keep your life running smoothly until the claim is resolved.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>