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They may also cover ongoing rehabilitation and physical therapy.<br><br>The Insurance Research Council (IRC) reports that medical expenses reported by auto accident claimants are growing faster than inflation. However the severity of injuries that result from auto accidents has been declining. According to the most recent Auto Injury Insurance Claims Study the average economic loss of a person who is a victim of an accident that includes medical treatment loss of wages, other out-of pocket expenses - grew by 8 percent per year however, the average number of bodily injuries claims declined by just four percent.<br><br>According to the Centers for Disease Control and Prevention Motor accidents involving vehicles cost close to $99 billion in the year 2010. This is nearly $500 per licensed driver in the United State. However, the costs per person vary greatly. The average for the nation is $897. Costs in smaller states are lower. Different factors could affect the cost including the reporting procedures.<br><br>Expenses incurred during the process of claiming are usually out-of-pocket. The cost of these expenses can range from a few dollars to thousands of dollars and could be a burden for a budget already stretched. Keeping track of the expenses and storing receipts is crucial. For example, if you have a car accident, you may be required to pay for rental [https://trade-britanica.trade/wiki/Five_Things_Everyone_Makes_Up_In_Regards_To_Car_Crash_Lawyers car accidents attorneys] insurance. Additionally, you'll have to pay for an attorney's fee and any other medical expenses.<br><br>The amount of settlement for claims for compensation for car accidents is variable, but it can vary from $14,000 to $28,000. A higher settlement might be appropriate in cases where the collision involved severe injuries or if the other driver was impaired. 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