The costs of an auto accident in Illinois can be high for those already struggling to make ends meet. The costs go beyond simply repairing the vehicle involved in the accident. As the new year moves forward, here is what residents can expect.
The Centers for Disease Control published state-specific costs for auto crash deaths. The most recent statistics state that motor vehicle occupants account for over one-quarter of the road users with an estimated $380 million in losses. Young adults aged 20-34 and adults aged 35-64 account for about 75% of all accidents.
Pedestrians and motorcyclists make up equal amounts of road users affected by crashes. Bicyclists accounted for a mere 3%. The crash-related deaths caused about $1.39 billion in work loss and $13 billion in medical costs.
Direct Auto provides some estimates for how a minor accident can cost drivers a negative financial impact. Drivers can anticipate paying about $50/day for a rental car while theirs is in the shop. Paint repair can run as much as $1000 while a windshield may only cost $300.
The time away from work can decrease productivity, prevent timeliness and lost wages. Vehicle owners can lose countless hours haggling with insurance companies, waiting on auto body shops and dealing with medical issues arising from sustained injuries.
These injuries can result in medical costs from doctor’s visits to prescriptions to physical therapy appointments. Even if you have auto insurance and health insurance, you may still be responsible for any deductibles. Those typically come out of the person’s pocket before the insurance kicks in.