The Financial Things You Need To Know About Accident Claims

If you have ever been involved in an accident, then you are well within your rights to look at claiming compensation. From lost finances to insurance claims, job loss, or health complications as a result of the accident, it is worth the effort if you need to compensate for your finances. While some people do not agree with claiming, personal injury lawyers exist to help you in a difficult time. Claiming right away isn’t essential, although it can help for eyewitnesses and getting access to files, medical records, and other information. Alternatively, there is a window of opportunity if you are wanting to claim much longer after your accident. 

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Generally, you will have two years from the date of the accident to file a claim. It will be vital to talk to a personal injury lawyer to get further information. You will have two years for personal injuries and so your opportunity is not missed, especially if you have been weighing the pros and cons of claiming before deciding to do so. Other elements may take priority in these difficult times which is why this window exists. If you have gone past the two-year window, seek expert advice to see if you will be able to still make a claim.

Here is a list of what you can sue for if you have been involved in an ancient of any kind: 

  • General damages, which includes any type of pain and suffering relating to the injury. 

  • Past and future income losses. 

  • Loss of any competitive advantage within your business or the marketplace.

  • Future medical bills or expenses

  • Housekeeping or home maintenance services if you are unable to do so yourself. 

  • Special damages, which may include any out of pocket expenses relating to the accident. 

  • Claims by family members. 

Does it take long to receive my claim?

When making a claim for personal injury, the money will probably be in your account within the first six months but this is depending on your circumstances. It may also depend on your injury. Sometimes, in the event of a more complicated case such as a claim for a life-changing brain injury, or any major disability, it may take a little longer to process. 

Your claim will be looked at in detail. This review is the part that takes the most time. Be completely honest about the situation and know your rights.  When you are seeking compensation, a number of different elements are taken into account such as: 

  • Any pain and suffering you have experienced as a result of your injury.

  • The prognosis for your injury – this depends on what type of injury you have or any information relating to your rehabilitation. If you have a brain injury or any type of physical injury that inhibits you from working or living as normal. 

  • Have you lost any earnings?

  • Any expenses. 

As always, do your due diligence and seek expert advice. Money & Mimosas is not associated with the attorneys mentioned in this article.


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