There’s a lot to figure out after you’ve been injured in a car accident. While you’ll have to find a way to cope with the physical pain and limitations that you have been dealt, you’ll also have to find a way to offset the financial damages to which you’ve been subjected. That’s no small feat given the severity of your circumstances.
And while you have to think about the long-term implications of your wreck, you’ll also have to figure out how to get by on a day-to-day basis. That’s easier said than done, of course, especially when you can’t figure out how to pay your basic living expenses such as your utilities, your rent or mortgage and your grocery bills.
How can you cover your expenses?
The good news is that you may have options available to you to help you pay your expenses, especially if you’ve filed a personal injury claim and are waiting for the legal process to play out. Let’s look at some of the options that you might have at your disposal:
- Insurance policies: Hopefully, your insurance and the insurance company of the individual who caused your wreck will be able to step in to help you cover some of your bills. You’ll just want to make sure that you’ve read through those policies carefully so that you know what to expect and what to advocate for. Also, try to maximize what you can get out of your medical insurance policy.
- Hospital assistance: Although hospitals and medical professionals have a reputation for trying to collect large sums of money from people quickly, they can actually be pretty accommodating. Depending on your circumstances and your providers, you may be able to negotiate an arrangement with them where you hold off on paying them until your lawsuit resolves. At that point, you’ll have to pay them what you owe them.
- Family and friends: While this may seem like an obvious place to turn for help, you’d be surprised by how many people feel too guilty or too ashamed to ask for the support that they need. Just remember that your family and friends love you and want to help out as much as they can. Be understanding of their limitations and try to reduce the borrowing arrangement to writing if you’re worried about how the loan will impact your relationship with your loved one.
- Lawsuit loan: Another way to cover your daily expenses is to seek out a lawsuit loan. This funding is meant to provide you with financial relief for only as long as it takes for you to recover compensation from your personal injury case. These loans do carry interest, though, and you’ll be required to pay back the principal and interest regardless of what you recover from your claim. So, if you choose this option, you’ll want to be careful and cognizant of the long-term implications.
Aggressively pursuing the compensation that you deserve
While you’re focusing on your day-to-day life and making ends meet, you’ll also have to divert some attention to building the comprehensive personal injury claim that you need if you want to recover compensation for your losses. Fortunately, this isn’t something that you have to figure out on your own.
An attorney who is experienced in this area of the law can represent you in your case so that you know that the best legal arguments have been developed to support your position. Hopefully then you’ll be able to obtain accountability, recover compensation and turn the page on this dark part of your life.