What You Need to Understand About the Actual Cost of a Car Accident

Trusted Content

Legally reviewed by:

Erik Abrahamson, J.D. April 25, 2014

In the immediate aftermath of a serious car accident, most accident victims are primarily concerned about their physical injuries and the shock of being involved in a traumatic collision.

It’s not until some time has passed after the actual accident itself that many injury victims begin to realize just how high the actual cost of a car accident can be.

Medical Expenses

The medical expenses associated with car accident injuries can be considerable.

In addition to the initial medical care following an injury, victims may face ongoing medical expenses in the form of follow-up visits, physical therapy and other types of care.

Lost Wages

In addition to mounting medical bills, many injury victims find that they face a reduction in income due to lost wages.

While missing work for even a short period can be a serious burden for some households, a serious injury can force an accident victim to miss work for weeks or months at a time. In some cases, victims face permanent disabilities that may make returning to their chosen profession difficult or impossible.

Vehicle Damage

The costs for repairing a vehicle that was damaged in even a minor accident can start adding up quickly. When it comes to a serious accident, victims may face a very large auto repair bill or even need to purchase a new vehicle before getting back on the road.

Other Types of Car Accident Expenses

In addition to medical expenses, lost wages and vehicle damage, a handful of other contributing factors can add to the final cost of a car accident, such as:

  • Other types of property damage
  • Loss of future earning
  • Fines & court fees
  • Punitive damages

If you’re dealing with repercussions of a Tampa car accident that was caused by another person’s irresponsible behavior, it may be time to put our injury lawyers to work for you.

Our injury law team can provide you with a free case evaluation and may be able to pursue compensation for your injuries. Get started now by calling Abrahamson & Uiterwyk at 1-800-538-4878.