November 12, 2015
Being involved in an accident is hard to deal with in any scenario. It is expensive, stressful and unpredictable. You can be left with serious injuries and a damaged vehicle, not to mention the issues with insurance and the cost of legal help. There are so many aspects that need to be considered and it can be very costly.
With all of the expenses that come with a car accident, you’re probably wondering, “How am I Going to Make Ends Meet?”
Lost Wages
With an accident that results in a totaled vehicle or serious injury, you could end up missing work followed by lost wages. Luckily, in the state of Alaska, you can file for reimbursement of lost wages.
Insurance Claims
In Alaska, you are required to have insurance so you and others are protected in the event of an accident. As each accident is different, you will need to figure out, specifically, the best coverage you will need in order to get the assistance you might need. This can be helpful when it comes to getting your vehicle fixed or replaced. Insurance can pay for or help offset expensive medical treatment as well.
Settle or Sue
For further compensation, you can choose to settle or sue. When you settle, you can avoid high attorney fees and go through the process much quicker. When you decide to sue, it will take longer, however, you and your selected attorney will be able to present your case before a judge. If both parties agree, you can still settle during the legal process as well. Your legal representative’s duty is to protect your interests and recover any present or future loss you may have.
If you have concerns or questions about making ends meet after a car accident, don’t hesitate to contact us.