Paying medical bills before a car accident settlement

April 7, 2022 | Motor Vehicle Accidents

A car accident settlement in Florida varies but is often a significant amount. However, it could take several weeks or months to reach a settlement and receive the money in your bank account. There are ways to pay for your medical bills while you wait for a car accident settlement.

Workers’ comp

Workers’ compensation covers the medical bills of injured workers. Florida workers should start receiving payments in 21 days. Workers’ comp insurance covers car accidents only if the drivers were using the car to work and earn money.

Car insurance

If another driver caused the accident, you can ask his or her car insurance company to cover the costs of your auto repairs and medical bills. If the other person’s insurer cannot help, you can ask your own car insurance provider to help. However, the amount of coverage you receive for medical bills depends on your auto insurance policy’s limits.

Savings account

Sometimes, you have no choice but to dip into your savings account. Before the insurance company pays, the average bill for a serious medical procedure is a few thousand dollars. A routine checkup or preventative treatment is cheaper and may cost a few hundred dollars. Most people can afford to cover the most essential procedures out of pocket.

Where to get payouts

After a car accident, you need to pay your most essential and inessential medical bills right away. Your car accident settlement could take a long time to come into your possession. In the meantime, you have to go in and out of hospitals or doctor’s offices, pay your insurance fees and put off getting emergency medical procedures.

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