The Gori Law Firm Personal Injury
The Gori Law Firm
Free Consultations | Get A Free Case Review Here 618-247-4274 888-252-2363
View Our Practice Areas

What are some costs of auto accidents?

With all the automobiles on the roads today, it's no wonder that collisions are increasing. For those involved, the costs can be exorbitant.

One Esurance survey found that affected drivers typically spend over $1,000 in out-of-pocket expenses. That is in addition to the more than 20 hours they fritter dealing with issues related to their accidents.

If you have never been in a traffic accident, one may still be in the pipeline for you. It's estimated that 77% of motorists have experienced at least one accident. In fact, on average, a driver will have three or four wrecks during their lifetimes. Two-thirds of motorists who were in accidents had no liability for the wrecks, yet they had to expend both money and time getting things straight post-accident.

It's not a cheap proposition, either. According to the National Highway Traffic Safety Administration (NHTSA), auto accidents have an economic impact of as much as $871 billion every year.

You may think, "well, it's just a fender-bender." Think again, as 38% of those surveyed who had minor damage still needed to have their vehicles repaired.

Another 35% had their vehicles totaled. That is a really bad scenario for drivers who depend on their vehicles to get to and from work.

Another problem is that today's cars and trucks contain so many high-tech parts that are quite expensive to repair or replace. A regular bumper on a wrecked car could run you anywhere from $300 to $700 to replace. But a high-tech version fitted with cameras and sensors could start out at $1,000 and go upwards from there.

These costs are just for the damage to your car or truck. It doesn't even include a dime for the injuries that you suffered in the accident.

One way to recover from the financial assault of an auto accident is to file a claim for damages to hold the negligent parties liable for the injuries and damages they cause.

No Comments

Leave a comment
Comment Information

Get The Legal Representation You Need - And DeserveFill Out The Form Below To Get A Free Case Review

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

${site.data.firmName}${SEMFirmNameAlt}

Edwardsville Office
156 N Main St
Edwardsville, IL 62025

Toll Free: 888-252-2363
Phone: 618-247-4274
Fax: 618-655-9690
Map & Directions

Edwardsville Office
156 N Main St
Edwardsville, IL 62025

Toll Free: 888-362-6890
Phone: 618-307-4085
Fax: 618-655-9690
Map & Directions

At The Gori Law Firm we value your feedback. Write Us A Review
Back To Top