The cost of physical therapy after a car accident depends on several factors. If an individual requires physical therapy due to a car accident caused by someone else, it is important to seek damages. This allows a person to seek compensation that can be used to cover the cost of physical therapy or other treatments after their auto accident.
High Rise Financial offers pre-settlement funding for those involved in auto accident lawsuits and other personal injury cases. We can review your car accident case and provide you with a custom pre-settlement funding quote. In addition, we can answer questions about how a lawsuit loan can be used to cover the cost of physical therapy and other expenses following your auto accident.
- Who Pays for My Physical Therapy After a Car Accident?
- How Can I Pursue Damages for Physical Therapy After a Car Accident?
- Should I Accept a Settlement to Cover the Cost of Physical Therapy After a Car Accident?
- Should I Get a Lawsuit Loan to Cover the Cost of Physical Therapy After a Car Accident?
- How Can I Get Pre-Settlement Funding for Physical Therapy After a Car Accident?
Who Pays for My Physical Therapy After a Car Accident?
After a car accident, a person may require physical therapy to improve their movement or relieve pain. The extent of a car accident injury can dictate how frequently an individual needs physical therapy. It can also impact the total cost of physical therapy.
People may be required to pay 100% of the cost of physical therapy out of their own pocket. This means an individual will need to pay for each physical therapy session. If a person forgoes a session due to the cost, this individual may struggle to get the most value out of their physical therapy program.
An insurance company may cover some or all of the cost of a physical therapy program. This depends on a person’s insurance carrier and coverage. There can be times when the party responsible for a car accident can be held accountable for a victim’s physical therapy costs.
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How Can I Pursue Damages for Physical Therapy After a Car Accident?
Hiring a personal injury lawyer is the first step toward seeking damages for physical therapy after an auto accident. The lawyer can help an individual file a personal injury lawsuit in accordance with the statute of limitations of where the accident happened. Plus, the attorney can help their client seek the maximum amount of damages in their lawsuit.
A personal injury attorney can seek economic and non-economic damages on a plaintiff’s behalf. Economic damages are objective; they include medical bills, loss of wages, and other expenses an individual incurs due to a personal injury. Non-economic damages are subjective; they can be awarded for pain and suffering relating to a personal injury.
During a car accident case, a plaintiff’s lawyer remains open to negotiations. If the defendant presents a settlement offer, the plaintiff’s attorney shares it with the client. Then, the plaintiff must decide if the settlement offers sufficient compensation to cover their physical therapy costs and other expenses relating to their auto accident.
Should I Accept a Settlement to Cover the Cost of Physical Therapy After a Car Accident?
Consulting with a personal injury lawyer is key to deciding how to proceed with a settlement offer. A personal injury attorney can help a plaintiff weigh the pros and cons of accepting a settlement in an auto accident case. The lawyer can provide insights into the short- and long-term ramifications of accepting the offer.
Accepting a settlement offer allows a plaintiff to quickly resolve their auto accident lawsuit. On the other hand, doing so forces a plaintiff to give up their right to pursue the most damages possible. Thus, a plaintiff must decide if accepting a settlement now provides adequate compensation for their physical therapy costs and other auto accident-related expenses.
If the plaintiff in an auto accident case is facing financial pressure, this individual may be tempted to accept a settlement, even if it falls short of their expectations. Fortunately, a lawsuit loan can provide a viable alternative to accepting a settlement. The loan allows an auto accident victim to get immediate financial relief as their litigation progresses.
Should I Get a Lawsuit Loan to Cover the Cost of Physical Therapy After a Car Accident?
There is a lot to like about pre-settlement funding for car accidents. Some of the reasons why people pursue lawsuit loans following auto accidents include:
The process to get a lawsuit loan can be completed without delay. An individual can submit an application to request pre-settlement funding online at any time. This individual may get approved for a lawsuit loan in as little as 24 hours.
Minimal Eligibility Requirements
A pre-settlement funding company does not request information about a person’s credit score or financial history. Instead, the company asks for information about an individual’s auto accident case. This ensures the company can provide an individual with a lawsuit loan based on their projected case settlement amount.
Flexible Loan Options
Many lawsuit loan options are available. A pre-settlement funding company can teach a person about these options. The business will ensure an individual can make an informed decision about their pre-settlement funding.
Low Interest Rate
The best pre-settlement funding company keeps its lawsuit loan interest rates low. It explains the interest rate associated with a lawsuit loan before an applicant finalizes their pre-settlement funding request. The business also encourages a lawsuit loan application to ask questions about pre-settlement funding interest rates.
A pre-settlement funding company takes all of the risks with a lawsuit loan. The business provides pre-settlement funding contingent on the result of an auto accident case. If a plaintiff’s case is unsuccessful, this individual does not need to pay back their pre-settlement funding.
Pre-settlement funding gives a car accident victim money that can be used however this individual chooses. If a plaintiff decides to use their lawsuit loan on physical therapy bills or other expenses, this individual is free to do so. Once the plaintiff settles or wins their lawsuit, this individual pays back their lawsuit loan.
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How Can I Get Pre-Settlement Funding for Physical Therapy After a Car Accident?
The High Rise Financial team can provide you with details about how to get a lawsuit loan. Our lawsuit loan specialists can review your auto accident claim and help you pursue pre-settlement funding right away. To learn more, please contact us today.