A car accident can definitely disrupt a person’s life in many ways. Auto accident victims are not only put in harm’s way, but it also costs money in other ways.
Auto accident victims suffer with unexpected expenses
Prepare yourself. Learn about five unexpected expenses victims run into.
Additional Car Work
Most people assume that they are going to have to repair their car after a car accident, but they focus on immediate issues and overlook others. For example, you might expect to repair broken windows, but you might forget that you are probably going to have to replace your car seat. It is important to pay attention to every part of your car after an accident because you want the car to keep you safe as you drive.
Most people are aware of the possible medical expenses that come with a car crash, but you might overlook dental work that you might need. Depending on the accident, some people end up losing a tooth or two, which makes it vital to consider dental implants. These implants can help restore your smile and give you back your full chewing power needed for proper digestion.
Another thing you may want to think about is the insurance spike that accident victims experience. Yes, your insurance is probably going to mark you as a liability now that you have been in an accident. After an accident, call your insurance company and discuss how to lower your insurance rate.
Auto Loan Repayment
Most people do not really own their cars and are actually just paying on a loan. You’d think a totaled car translates to a forgiven loan. It doesn’t. If you didn’t get gap coverage, you’re stuck paying the loan back. Gap coverage promises the loan company pays part of what you owe on your damaged car. These expenses add up, especially if you’re taking unpaid time off work to recover from an accident.
Sometimes, cars are simply un-drivable after an accident, meaning that you are going to have to pay to tow the car and properly dispose of it. This can cost up to $200, which does not seem like much now but can mean a lot more when you are dealing with the other expenses you may be dealing with after an accident. Research towing companies NOW, so you’re prepared when something happens.
These are just five of the expenses you are going to have to face. This is one reason you need to make sure you have a healthy emergency fund and a good insurance policy.
Author bio: Kara Masterson is a freelance writer from Utah. She enjoys Tennis and spending time with her family.