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How Car Crashes Can Cause Devastating Money Problems

There is no doubt that anyone who has been injured in a car accident in Daytona Beach knows what kind of damage and havoc it can do on a person’s life and finances. Unfortunately, there are far too many car accidents that happen on the roads in Daytona Beach.


Data Source: FARS 2010 – 2013 Final and FARS 2014 ARF

According to the National Highway Traffic Safety Administration (NHTSA), there were approximately 100 fatal accidents that happened near Daytona Beach in 2014 alone. These accidents involved motor vehicles, trucks, motorcycles, and even bicyclists.

Check out this site to read more information about car accidents in Daytona Beach and in Volusia County.

Nonetheless, the reckless or negligent behavior of the individual who caused the accident means that others end up paying the price in the form of serious injuries or even death.

It turns out that car accidents take a devastating toll on society in general, and they can easily change the life of the accident victim in big and irreparable ways.

Visit here to learn more with a Daytona Beach car accident attorney if you find yourself the victim of a major car accident.

A Laser Focus on Car Accidents

A focus on car accidents by the government and legislators has increased over the last several years all over the country. One of the primary reasons for this is that there is a very high cost to the United States every year in terms of motor vehicle crashes.

This includes all of the various costs associated with a car accident such as:

  • Property damage
  • Rehabilitation costs
  • Travel delays
  • Court and legal costs
  • Emergency services
  • Productivity losses
  • Insurance administration costs
  • …and even the cost that employers have to pay when an employee has been injured.

The Total Costs of Car Accidents

There are more than 200,000 car accidents that happen every year just in the state of Florida. Although estimates in current research do not take into account physical pain or lost quality of life, these are also important other consequences associated with car accidents.

Research from the National Highway Traffic Safety Administration shows that the total cost of motor vehicle crashes across the United States in the year 2010 was $242 billion.

In the year 2000, this number was $230.6 billion. So the total comprehensive costs and damages from a car accident are only getting worse…

Check out this site here for more facts and stats on car accidents in Florida each year.

Today, costs are up around $871 billion…

Learn more about the economic impact of car accidents in Florida here.

Many People Absorb Costs Post-Accident

It is common to think that the accident victim is the one who pays the most for being involved in a car accident, but it is important to remember that there are many other costs associated with preventable car accidents throughout the country.

Let’s look these few examples:.

  • A car insurance company has to step in and pay the cost associated with damages to the vehicle.

  • A health insurance company for the injured individual has to front the costs for the medical care and spend administrative time and money handling the claim effectively.

  • The employer of the injured individual may notice losses in productivity as well as direct lost days of work.

  • Family members may need to step up and provide additional medical care and support to the loved one.

  • A family member or individual may need to seek legal advice and representation during the aftermath of an accident.

Recoup Some of Your Losses with a Daytona Beach Car Accident Attorney

Life can change in big ways after a Daytona Beach car accident. Simply put, a serious car accident can send a ripple effect across the life of an injured individual.

You may be already feeling the impact as an accident victim, even if your accident was relatively recent. Finding yourself facing hefty medical bills and finding it difficult to make it through a day, much less go to work, is extremely disheartening. This is why a Daytona Beach personal injury lawyer can help you turn your future around and get your life back on track.

There’s no way to undo all the damage that a car accident can leave behind, but you can take steps to repair your future.

Visit here to check out how a Daytona Beach car accident attorney can help you and your family.


Related Posts:

  1. Hit and Run Accidents Increase by 23 Percent in 2014
  2. After Your Crash: Tips for Hiring a Car Accident Attorney
  3. 7 Reasons You Really Need an Attorney After a Car Accident
  4. Should I Have Additional Auto Accident Insurance?

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