The compensation you can expect from a bicycle accident claim depends on factors such as your age, the severity of your injuries, whether or not you were injured at fault, and what type of bike you were riding. Knowing these factors and their influence can help you make decisions about your compensation, such as whether or not to accept any compensation and what kinds of insurance coverage you should have after all your injuries have healed. Here we shall discuss different types of compensation you can expect from a bicycle accident claim.
1. Compensation for Medical Treatment
A bicyclist seeks medical treatment by choice or under a doctor’s advice. In contrast, an injured pedestrian must usually accept any medical treatment recommended by a doctor without questioning it. In the case of injury due to a bicycle accident, the uninsured cyclist will receive compensation from the liable party. Medical treatment is what you are going to spend most of your money on. While calculating the compensation for a bicycle accident, it is essential to consider the amount of money you are going to spend on medical treatments.
2. Compensation for Lost Wages
In most cases, a bicyclist injured in an accident suffers from loss of wages due to time lost from work. Accepting compensation for medical treatment and rehabilitation is important. The most important thing to consider is that bicycle accident victims must struggle financially because they cannot work and have a high chance of leaving their jobs permanently.
3. Compensation for Personal Property
Personal property includes bicycles, clothes, helmets, and accessories. When a bicyclist is injured in an accident, there is an excellent possibility that their property will also be damaged. Your bicycle may be damaged to the point of not being usable, or you may be injured in a way that may prevent you from riding a bike in the future. You will receive compensation for your personal property both in your immediate and long-run financial future.
What to Do After an Accident
After a bicycle accident, the first step is getting medical attention as soon as possible. It is essential to document the accident and your injuries. You must also report the accident to your insurer and make sure that you notify any other insurance companies or the police. The sooner you receive medical treatment, the better. Research your legal rights and responsibilities as a bicyclist, and understand the laws in the area. A New York bicycle accident lawyer can help you understand your legal rights and responsibilities.
What to Expect After You Receive Compensation
Even if you have received compensation for your injuries and lost wages, you must still receive treatment. Insurance companies will cover medical expenses for a limited time, so you must receive treatment as soon as possible to avoid paying for medical treatment out of your pocket. Also, you must accept any reasonable medical treatment recommended by a doctor and work on your rehabilitation to heal as quickly as possible.
Injured bicyclists should consider their financial future as a top priority. Wounded bicyclists need to receive medical treatment, but more importantly, to recover from their injuries and resume their lives as quickly as possible. The compensation you receive from your bicycle accident claim will help you recover financially in the immediate and long term.