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What Types of Losses Are Covered Under a Car Accident Compensation Claim?

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Being in a car accident can be a traumatic experience for you as well as your loved ones. Every year, in Vermont, there are about 12,000 vehicle accidents that take place. And some of them are even fatal in nature. Such accidents can be a major setback, not just in terms of health but also in terms of financial losses. But there are laws to compensate you for your loss if the other party is at fault. Even if you contributed to the accident, as long as your contribution is less than 50 percent, you are eligible for compensation. 

You can hire a car accident attorney to assess your case and guide you throughout your claim process. Also, statutes of limitations vary based on the state in which you live. In Vermont, the legal limit to file a case is three years. But you may wonder what kind of damages and expenses are covered under such laws. Damages to be recovered under your car accident claim include:

Property damage and value loss to your vehicle.

If someone else was at fault, they should pay for all the damages they have done to your property, whether it is damage to your car or a reduction in its value. The other party, or the insurance company, is supposed to cover that cost.

Medical expenses due to injury.

If you were injured in the crash and got huge medical bills because of that, those expenses also fall under the law to be compensated by the other party at fault, including your follow-up visits. If you suffered a permanent injury, your future medical expenses should be estimated and included in the compensation. 

Lost wages due to an inability to work.

It is possible that due to the injuries, you were not able to work for a specific period of time, and that led to a wage loss, which you are also entitled to be compensated for, as these are also financial setbacks for you and your family.

Pain and suffering damages are also included.

Your physical and mental suffering due to the accident is also eligible to be compensated for. The damages awarded vary depending on the severity of your injury, the duration of your treatment, and the future estimation of your suffering.

Hire an attorney to make sure you get fair compensation.

It is often the case that the other party or the insurance company pays you only a fraction of what you rightfully deserve, which is not fair and barely compensates for your losses. Thus, it is essential to hire a car accident attorney who is very familiar with such cases and brings their expertise and technical knowledge to the table, which ensures you get paid what you deserve under the law.