Showing posts with label Car accidents. Show all posts
Showing posts with label Car accidents. Show all posts

Sunday, August 22, 2021

A Closer Look at Fault in Car Accidents

For any car accident lawsuit or personal injury claim to be successful, your attorney will need to be able to prove based on a preponderance of the evidence that the accused liable party is responsible for causing your accident or resulting injuries.

It may not always be easy to tell who is culpable for causing your car accident, but the results are in. And after asking experienced car accident lawyers what they’ve seen in court, we are able to get a closer look at which parties are more commonly found liable for car accidents.

When you’ve been injured in a car accident, having a clear understanding of who could be responsible for causing your injuries could give you peace of mind as you decide to move forward through the civil claims process.

Driver Negligence

Arguably the most common cause of car accidents across the United States is careless driving. That’s right. Human error is the driving force behind many of the car accidents you hear about on the news, read about online, or drive by on the highway.

Driver negligence can take many forms. Most notably, drunk or drugged driving has been known to cause devastating injuries and even death. 

People who drive impaired can also expect to face criminal penalties in addition to the consequences they’ll face when a civil claim is brought against them.

Distracted driving has also become quite common, particularly as the prevalence of cell phones emerged over the last decade. Many states have laws in place that make distracted driving against the law as well. Distracted driving can involve literally any distraction you can think of, but some common distractions include the following:

  • Talking on the phone
  • Texting while driving
  • Fidgeting with music selection
  • Applying makeup
  • Reading
  • Reaching for a beverage or food item
  • Reaching for anything
  • Rowdy passengers

Other examples of driver negligence that are known for causing severe car accidents to include drowsy driving and risky driving. 

Some examples of risky or reckless driving include speeding, following too closely, failure to use a turn signal, road rage, making illegal turns, or failure to stop at a red light or stop sign.

Government Agencies

Government agencies are often responsible for maintaining the safety of the roads. This means that they have an obligation to make necessary repairs in a timely manner and ensure that when repairs are being made, and the roads remain safe for travel.

With that being said, when a government agency fails to uphold this obligation, people can get hurt and the agency can be held accountable for compensating the victims. Some instances in which a government agency could be found liable include the following:

  • Failure to repair or replace a broken traffic light
  • Failure to replace missing street signs
  • Unrepaired breaks in the road
  • Failure to secure a construction zone

These are only a few of the ways a government agency could be responsible for car accident injuries. Only your lawyer can determine who is responsible for causing the car accident you were involved in.

Auto Parts Manufacturers

The parts used to build cars, trucks, busses, bicycles, and other motor vehicles should all have been checked for safety before they were installed. Unfortunately, faulty or defective car parts are not as uncommon as you might think.

When automakers try to cut corners to save money or fail to do their due diligence when building these vehicles, they can be brought to justice when a civil claim is filed against them. 

Ultimately, they are responsible for ensuring that their parts are safe for consumers when used as intended. Any injuries resulting from defective products can be grounds for a lawsuit.

Tuesday, June 22, 2021

How Car Accidents Can Affect Your Retirement Investment Accounts

No matter how old you are or whether you have been in a car crash before, nothing can ever fully prepare you for a car accident. The unpredictability of car accidents is perhaps the main reason they are so stress-inducing. 

You are probably wondering what implications if any, a car accident may have on your retirement investment accounts.

There are several dreadful implications that car accidents may have on your retirement plans and benefits. To avoid them, you need to understand what those repercussions are. Here is how car accidents can affect your retirement investment accounts.

If You Are the at-Fault Party

The financial implications of a car crash significantly escalate when the accident was caused due to your negligence. Perhaps it occurred during an unguarded, distracted moment, but it could cost you a considerable fortune. It is even worse when you did not have sufficient insurance cover to settle the damages.

In this case, the offended party may file a lawsuit against you, upon which the court may rule that your assets be used in settling the claim. These assets include your retirement benefits and plans.

If You Sustained Severe Injuries

On the other hand, if you are the victim of another driver's negligence, you are at risk of spending a significant amount of money, depending on your injuries' intensity. Spending these amounts of money may leave huge dents on your retirement accounts. 

Fortunately, you do not have to pay much if you file a claim against the at-fault party. The claim often covers all the medical costs, including prescriptions and consultation fees.

How to Protect Your Investment Accounts

Depending on whether you were the victim or the at-fault party, there are a number of ways to protect your retirement accounts from the adverse impacts they may receive from car accidents. Here are some of the measures:

1. Buy Sufficient Insurance Coverage

Even after you retire, it is never a good idea to stop getting insurance. Some may argue that you need to be more insured after retirement since it is at this time that you need financial security the most. Buying sufficient insurance cover will ensure you do not have to pay extra money in case you cause an accident.

2. Get an Umbrella Cover

Purchasing umbrella coverage is one of the smartest ideas. This is because umbrella policies come with extra liability covers. You will find this very helpful in situations where the damages are costly. 

The beauty of this policy is that it can cover both your automobiles and your home. This way, you do not have to worry yourself sick whenever you get into an accident.

3. File for Compensation

To avoid spending money from your retirement savings, make a claim against the at-fault party in your accident. Having this compensation will cater to your treatment, saving you from unnecessary and unplanned expenses.

4. Seek Legal Advice

One of the main ways to avoid spending more than necessary is by seeking the opinion of professional car accident attorneys. With their vast experience in car accident laws and processes, they can quickly evaluate your case and give you the best advice on how to go about any accidents without posing any unnecessary threats to your retirement plans.

Value Your Retirement Accounts

Many people tend to downplay the value of having retirement investment accounts. However, it would be best if you realized that maintaining financial security past your fifties dramatically relies on your retirement accounts. 

For this reason, you may want to implement one or some of the tips offered above. This way, you can safely enjoy your retirement.

Friday, September 15, 2017

Recent Car Wreck? 3 Steps To Financial Stability

Car accidents are jarring and traumatic experiences. Even if you are able to walk away unscathed, you must deal with the car wreck aftermath, an undertaking that can take a serious toll on your bank account. 

These three tips can help you remain financially stable after you have been involved in a car accident.

Use Your Insurance

Some car owners make the mistake of not utilizing their car insurance coverage. They do not want their rates to go up. They also want to avoid paying the deductible for towing or repairs.

However, your insurance is there to save you money and hassle when dealing with the aftermath of a car wreck. The deductible will probably be less than the repairs made to your car or the vehicle of any other involved party. 

Rather than pay for these costs out-of-pocket, you can spare your budget by filing a claim with your insurer and allowing your policy to handle the expenses.

Cut Your Losses

You may love your car. However, when it has been totaled in a car wreck, it is no longer an asset to you or your bank account.

Most states will not allow you to insure or drive a totaled car. You can spare your budget and get a little bit of cash in return by scrapping or selling it for cash. When you sell it to a reputable Cash for Cars dealer, like City Auto Wreckers, you can save money on the tow and get some much needed post-wreck money to put down on a new car or pad your bank account.

Hire A Lawyer

When you are not the driver who caused the car wreck, you have several legal options available to help you recover both physically and financially. For example, if you are not able to go back to work right away after a car accident, you have the right to file a claim against the person who caused the incident.

A personal injury lawyer can make the claims process easier for you and handle the negotiations, settlement, and other court action on your behalf. Your lawyer can help you recoup lost wages, medical bills, and other money you have lost or spent because of the car wreck.

These simple tips can be important when you want to recover your finances quickly after a car wreck. They allow you to protect the cash you have on hand and also use legal means to recuperate expenses that you may not be obligated to pay out-of-pocket.

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