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The long-term costs of car accident injuries

Car accident injuries often result in short-term costs. Even if you just need to go to the hospital for X-rays or other tests and don’t end up with severe injuries, you still need to cover the cost of that medical treatment. Additionally, you may miss time at work, leading to lost wages, even if only for a day.

While short-term costs are important to consider, it’s equally critical to account for the long-term expenses that may arise from a car accident. You may be entitled to far more financial compensation than you initially assumed.

Reduced earning capacity

In addition to lost wages, a car accident could result in a reduced earning capacity if your injuries affect your ability to work.

For instance, imagine you work as a surgeon, but you suffer a traumatic brain injury in a car accident. You may experience memory problems and lose fine motor control, forcing you to end your career as a surgeon. Although there may be other jobs you can perform, they likely won’t pay nearly as much as your original career, significantly impacting your future earnings.

Long-term medical needs

Injuries could also lead to long-term medical conditions or ongoing treatment needs. For example, a spinal cord injury might require years of physical rehabilitation to relearn how to walk. If your injury results in a permanent disability, you could need in-home care for the rest of your life. These long-term costs can far exceed the immediate medical bills you face after the accident.

Seeking proper compensation

For these reasons, it’s essential to understand how to pursue the full amount of compensation you deserve. Working with an experienced law firm can help you fight for your rights.

 

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