Comparing Financial Issues of Fender Benders and Car Accidents

Comparing Financial Issues of Fender Benders and Car Accidents

There are as many as six million car accidents that take place throughout the United States on a yearly basis, with 90 people dying as a result of a crash every day. Car accidents can produce minimal damages, or they can be catastrophic. Typically, a minor accident that does not cause extensive damage to a vehicle and little to no physical bodily harm to those involved is called a fender bender. On the other hand, when there are more serious physical injuries for individuals in a car accident and far more considerable destruction to a car, this is usually considered a full-blown car accident.

Both fender benders and serious car accidents can be costly, with the aftermath of major car crashes having the most expensive damages. It can be difficult to know exactly what to do after a crash, and this is especially true when serious injuries and property damages were sustained. Figuring out how to pay for the losses suffered can also feel like an overwhelming task to do alone.

Suppose you were injured in a car accident in Pennsylvania. In that case, an attorney can evaluate your car accident and advise you on if you have a case to file a claim for financial compensation. The Pennsylvania car accident attorneys at Edelstein Martin & Nelson, LLP is a full-service personal injury law firm dedicated to helping victims of injury accidents win their claims in Pennsylvania and Delaware.

Financial Losses After Car Accidents

Comparing Financial Issues of Fender Benders and Car AccidentsAny car accident has the potential to result in some amount of losses. When two or more cars hit each other, there is likely going to be some amount of damage done. Even in the situation of a fender bender, bumps, dents, paint damage, and more can result. 

Costs to fix such issues that can arise after a fender bender can vary depending on which car repair shop is used. Still, for the average, everyday person, even though these costs tend to be much less than in a car accident they can still be an unexpected bill that presents a serious financial hardship to pay for. For example, a paint job could run anywhere from $500 to $2,500 and more. Replacing a car’s bumper could be more than $1,500. Also, depending on when the crash took place, even though there may not have been serious injuries suffered, taking time off of work may still be required to sort things out. This could result in lost wages.

By contrast, a car accident that has major injuries and property damage could have expenses adding up to many thousands of dollars and potentially in the hundreds of thousands. Damages in these incidents could include substantial medical costs, major car repair work or even replacement of a vehicle, long periods of time off of work, and non-economic damages like pain and suffering. Just an emergency vehicle being necessary to take you from your crash to the hospital could be hundreds of dollars, if not more than $1,000.

When you work with an attorney, you can have the totality of your losses identified and calculated. This will give you a realistic picture of what your claim is worth. Your attorney will then get started on building your case so that you can get the most compensation possible to help you pay for all of the damages you sustained.

Speak with an Attorney Today at Edelstein Martin & Nelson, LLP

A crash that has negligible damages can still be a costly bill to have to pay. Catastrophic crashes can result in astronomical costs. It is imperative that you secure full financial recovery after a crash. For more information, call Edelstein Martin & Nelson, LLP. today to schedule a free consultation at (215) 731-9900 after you were injured in a Delaware car accident

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