If you've been injured in a car accident, you may face large medical bills and lost wages that could lead to financial ruin. Luckily, you have several options for getting your money back.
The Other Driver's Insurance
If the other driver caused your accident, you'll probably want them to pay for your injuries, property damage, and other losses. That's exactly what their liability insurance is for and is why all drivers need liability coverage by law. Typically, your insurance company will help you file the claim and will fight for you if the other insurance company tries to avoid paying. If you still have trouble, you may need to have a car accident attorney help you go to court.
Your Own Insurance
Your own insurance can help you in two ways. First, if you caused the accident, you need to both pay the other driver and pay for your own repairs and medical bills. If you bought full-coverage car insurance, all or most of these expenses should be covered.
The second situation is when the other driver didn't have insurance or had too low limits. You may be legally entitled to be compensated by them, but many drivers in this situation don't have any way of paying you even if you take them to court. If you have uninsured and underinsured motorist coverage, your own insurance company will pay for what the other driver should have, and then your insurance company will try to get their money back from the other driver.
Social Security Disability
If your car accident leaves you with a long-term disability that makes it so you can't work, Social Security disability insurance may be an option. SSDI is a benefit you receive from the FICA taxes that are taken out of your paychecks. You're probably already familiar with how Social Security retirement works. SSDI works similarly, but you don't need to have worked as many years as you do to receive retirement benefits since SSDI is for people who are of working age but can no longer work.
The problem with SSDI benefits is that the application process can be very burdensome. Even with your doctor's backing, your claim may be denied if you don't get all of the paperwork exactly right. For this reason, many people choose to have a Social Security lawyer help them with the application.
To learn more about how to recover from your accident, talk to a local car accident attorney today.