Victims of car and truck accidents are devastated financially every year due to lost wages and lost earning capacity because of their injuries. Documentation of every detail of the accident, documenting potential lost wages and knowing how to work with insurance providers can be an extremely important step in reducing the immediate and long-term costs of an accident, which is one of the most important reasons accident victims should consult with an attorney.
Carolina Panthers quarterback Cam Newton recently suffered a back injury during a car accident. Although he will be released from the hospital soon and is expected to make a full recovery, some people are not as lucky.
Earlier this year, comedian Tracy Morgan was injured in a truck accident and left with a life altering traumatic brain injury (TBI) that his attorney says he may never recover from. A fatigued semi-truck driver working for Wal-Mart struck Morgan’s vehicle, causing life-changing injuries.
When pressed for further details, Morgan’s attorney said, “He may never again be the Tracy Morgan he once was.” Many accident victims may find that their story is similar, and that their quality of life will change dramatically because of their injuries.
What Are the Specific Financial Costs for Severe Car and Truck Accident Injuries?
Traumatic brain injuries can cause memory loss, decline in cognitive function and behavioral and mental health changes. One of the most common injuries sustained in vehicular accidents is TBI. In addition to TBIs, spinal cord injuries sustained in auto accidents often cause paralysis.
Medical bills for injuries sustained during a vehicular accident can vary depending on the severity of the injury. According to the American Speech-Language Hearing Association (ASHA), the average stay in a hospital for a TBI is 32 days, and the average cost is $43,000. National Center for Biotechnology Information statistics claim that the first-year costs of a spinal cord injury can tally up to $200,000-$750,000 depending on the severity.
Bonnici Law Group has years of experience representing individuals who have been the unfortunate victim of a car or truck accident. To find out more about us, please visit our Facebook and Twitter pages.
Bonnici Law Group, APC – San Diego Personal Injury Attorney
Did You Know? In 2012, 2.36 million Americans were injured in a car accident.