In a perfect world, car accidents wouldn’t happen.
But unfortunately, they are an all too common occurrence on our roads and highways. And if you’re the victim of a hit and run accident, it can be even more frustrating and overwhelming.
Not only do you have to deal with the physical and emotional aftermath of the accident, but you also have to figure out how to pay for the damages and medical bills that come with it.
For this reason, before hiring a hit and run accident attorney, it’s essential to understand the compensation options available.
If the driver is located, victims may file a claim against the driver’s insurance.
If the driver cannot be located, victims may rely on their uninsured motorist coverage to pay for medical expenses and other losses. Many motor insurance policies include this coverage, preventing accidents with unidentified or uninsured drivers.
Options for Paying Bills After a Hit and Run Accident
Hit and runs also pose a significant threat to cyclists, with high rates of fatalities involving hit and run incidents. Below are some options you can use to pay bills in hit and run accidents.
Claim Against the Hit and Run Driver
You have two options: file a claim with the driver’s insurance company or sue them personally if the driver is identified. You can sue the driver directly or issue a claim to their insurance provider if the driver is identified. The river is recognized. Only if the driver’s identification is known is this option feasible.
Your Own Auto Insurance
- Collision Insurance: Covers vehicle repairs regardless of fault, up to policy limits.
- Uninsured/Underinsured Motorist (UM/UIM) Coverage: If the hit and run motorist is unaccounted for or does not have insurance, this coverage pays for medical bills and other damages.
Health Insurance
Use your health insurance to take care of medical bills. You may need to repay your health insurer if you later receive compensation from the hit and run driver or their insurer.
State Crime Victim Compensation Boards
Some states offer financial assistance for victims of crimes, including hit and run accidents. These programs may cover medical expenses, lost income, and counseling.
Personal Injury Claim
Consult a personal injury attorney about your choices for receiving compensation, including settling with insurance companies or bringing legal action.
Other Financial Options
- Medicaid: Medicaid can assist with medical costs if you are eligible.
- Loans: Opportunities for personal loans or medical finance can exist.
- Crowdfunding: Medical expenditures are among the many needs for which websites like GoFundMe can help raise money.
Steps to Take After a Hit and Run Accident
- File a Police Report: Report the problem to the police immediately.
- Collect Evidence: Compile supporting materials, such as site photos or eyewitness reports.
- Speak with a Lawyer: Talk to a personal injury lawyer to learn more about your damages rights.
- Examine your insurance policies: Review your health and auto insurance plans to find out what is covered.
Conclusion
Hit and run accidents can have devastating financial and emotional effects. For victims seeking justice and financial restitution, it is crucial to comprehend the difficulties and possible alternatives. Victims can navigate the challenging recovery process effectively if they meticulously document their damages and perhaps seek legal advice.
To be compensated, victims must carefully record any damages. This means gathering their medical records, bills, and detailed notes about how the accident affected their lives. Since victims may be able to pursue damages directly from the driver’s insurance, the claim may be affected if the hit and run driver is caught and charged.