Car accident victims have multiple ways in which they may be able to recover compensation for their suffering. However, while your insurance and civil claims processes play out, you will need to figure out how you will continue providing for yourself and your family.
Our Peachtree corners car accident loans through Silver Dollar Financial could be a viable option. These virtually risk-free pre-settlement loans are a great way for car accident victims to cover their costs and escape additional deaths. Contact us today to learn more about the application process and how much our team could authorize in legal funding.
Compensation After a Car Accident in Peachtree Corners
Car accident victims in Peachtree Corners often suffer catastrophic injuries and damages as a result of the collision. Fortunately, if another person or a party is responsible for causing your injuries, you do not only have the right to recover compensation for your monetary losses but your non-monetary losses as well. You have the right to be made whole.
This means every single way your life has been affected by your injury should be taken into account as your attorney calculates the value of your claim. Whether you are filing a claim with the insurance company or bringing your case to court, your attorney will be sure to seek restitution for every loss. Examples of economic damages and non-economic damages that could be recovered in a car accident claim include:
Pain and Suffering
Pain and suffering consist of the physical and emotional trauma you have experienced as a result of your car accident. Not only are we talking about the physical and chronic pain you might be experiencing, but the emotional trauma as well.
You may be able to seek compensation for humiliation, shame, indignity, damaged reputation, inconvenience, and mental anguish as part of your pain and suffering losses.
After your car accident, you will likely incur tremendous medical expenses due to the astronomical costs of healthcare in the U.S. You have the right to be compensated for every single one. Examples of medical expenses you could see compensation for include:
- Ambulance bills
- Prescription medication costs
- Hospital bills
- Medical equipment such as prosthetic limbs and wheelchairs
- Accommodations to your home
- Costs of mental health counseling
- Costs of physical or occupational therapies
- Transportation costs
Loss of Income
When your injuries have prevented you from being able to continue working, you may have experienced a loss of income. However, in addition to the money you lost by having to take time off of work, you are also entitled to compensation for your loss of potential future earnings.
This might include the money you would have earned working full-time, any potential bonuses, the value of your paid time off, vacation time, and holiday pay, any potential salary increases, and the contributions to your retirement savings accounts.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
How Are Car Accident Survivors Repaid?
Car accident victims have several ways to seek compensation after an accident. In some instances, you may be able to file a claim with your own insurance company. This may be a valid option if you have purchased personal injury protection (PIP) coverage for your own auto insurance policy.
It is important to keep in mind that when you file a claim with your own insurance company, it is more than likely that your insurance rates will increase when your policy expires and it is time to renew.
You might also have the opportunity to file a claim with the liable party’s insurance provider. Georgia is a fault state for auto insurance purposes. When you are involved in an accident, you will generally file a claim with the at-fault party’s insurer. However, since insurance settlements are rarely enough to cover a victim’s needs, you should always be prepared to bring your car accident claim to court to recover your damages in full.
The Car Accident Settlement Process
The process for recovering compensation after a car accident can be extensive. After you hire a car accident lawyer to take on your case, you can expect:
- A car accident investigation
- Your attorney to calculate the value of your claim
- Claims to be filed with the insurance company and civil court
- Negotiations with the insurance company
- Presenting your case at trial
Once your insurance settlement or civil claim has been resolved, it will still take some time for your car accident settlement check to come in. During this time, you may be exploring your options for financial relief.
What if You’re Struggling to Cope After a Car Accident?
If you are struggling to make ends meet after you have been involved in a car accident, you may be eligible for a car accident loan in Peachtree Corners. Essentially, a car accident loan is just in advance on your settlement. While you are waiting for your settlement to come in, you can request legal funding for your car accident damages and access these funds in a matter of hours.
There is a flat fee but no compound interest. If you are looking for a risk-free way to get back on track financially, obtaining a car accident loan may be a good option for you and your family.
Apply Now for Pre-Settlement Funding
Contact Silver Dollar Financial for a Peachtree Corners Car Accident Loan Today
After everything you have been through, getting a cash advance on your car accident settlement funds could be a great way for you to start to rebuild your life after a traumatic experience.
You should not have to wait months, years, or longer for the liable party to pay. Find out whether you meet our requirements for Peachtree Corners car accident loans when you contact our loan specialists by phone, complete our secured contact form, or apply today.