Exploring the Types of Compensation, You May Claim After a Car Accident

Since 2019, the traffic in Michigan has increased by 15%. More cars and reckless traffic have resulted in more car accidents in Michigan. Nearly 293,341 car accidents occurred in the state in 2022 alone. Car accidents are unfortunate and highly costly in terms of treatment and recovery. Additionally, getting compensation for car accidents can be a tiring process. But if you seek help from a lawyer, you can get the compensation you deserve. Michigan auto accident attorneys can help victims recover damages from car accidents and navigate through the legal process. If you find yourself in a car accident, you can get compensation depending on the severity of your condition. Therefore, knowing the types of compensation available to you is imminent. In this blog post, we`ll explore the different types of compensation that can be claimed after a car accident in Michigan. 

How On Earth Did These BIZARRE Car Accidents Happen 17

What Is Compensation? 



Compensation is money or other payment provided by someone else to compensate for losses suffered due to injury or damage caused by another party`s negligence or wrongdoing. It is intended to restore the victim to their pre-injury state as much as possible financially and physically. The purpose of compensation is financial and emotional; it helps provide peace of mind and closure after an incident. 

Types Of Compensation After A Car Accident 

To ask for compensation during car accidents in Michigan, one needs to have a proper idea of the areas where compensation can be requested. Several types of compensation may be available after a car accident in Michigan: 

 1) Medical Expenses: 

This includes any medical expenses incurred from the accident, such as hospital bills, doctor visits, medications, physical therapy sessions, etc. It also covers future medical costs, if necessary, due to long-term effects from the injury sustained during the crash. 

 2) Lost Wages: 

If you were unable to work due to your injuries sustained in the accident, you may be able to claim lost wages for time missed at work while recovering from your injuries. You may also receive reimbursement for any vacation time used during recovery periods or if there was an inability to return to employment within specific time frames. 

 3) Property Damage: 

This type of compensation covers any repair costs associated with damage directly on the property, such as vehicles involved in an auto collision. This includes replaced parts, labor costs, rental cars needed while repairs were done, etc. This coverage would also include replacement value for items destroyed beyond repair, such as personal belongings inside vehicles damaged during the crash.  

4) Pain And Suffering: 

Pain and suffering refers to the physical pain victims endure from injuries sustained in an auto collision. Victims can receive monetary awards based on their pain level, which could include mental anguish. The amount awarded will depend on how severe one’s injury was and other factors like age, occupation before getting injured, etc. 

 5) Wrongful Death : 

If someone dies due to their involvement in a motor vehicle collision, families affected could pursue wrongful death claims against liable parties responsible for causing fatal collisions, depending on each case scenario. In these cases, families could receive monetary awards to cover funeral expenses. The compensation also includes punitive damages depending upon the severity of each situation presented at court proceedings regarding wrongful death cases stemming from motor vehicle collisions. 

Conclusion 

Car accidents can have devastating physical and financial impacts on individuals and families. So victims must understand their rights when it comes to claiming compensation from liable parties responsible for causing harm to them through negligent behavior behind the wheel. Knowing various types of compensation available will help individuals better prepare themselves when facing off against insurance companies trying to deny rightful payments owed to victims. Victims of a devastating car accident should reach out to a local attorney as soon as possible. Remember that a longer reporting time gives insurance companies fodder to refuse a claim.