Quality Legal Services For New Jersey’s Citizens

5 tips for dealing with financial struggles after NJ car accidents

On Behalf of | Dec 15, 2023 | Car Accidents

Facing the aftermath of a car accident in New Jersey can be overwhelming. This can especially be true when injuries prevent individuals from working.

In such challenging times, it is important to explore alternative avenues to pay the bills and maintain financial stability.

1. Short-term disability insurance

Check if your employer provides short-term disability insurance. This coverage can offer financial support during the initial stages of recovery, replacing a portion of lost income. Familiarize yourself with the policy terms and file a claim promptly to expedite the process.

2. State disability benefits

New Jersey offers temporary disability benefits through the state’s Disability Insurance program. If you’re unable to work due to a non-work-related injury, you may be eligible for these benefits. Ensure you meet the eligibility criteria and submit the required documentation promptly.

3. Family leave insurance

In addition to disability benefits, New Jersey provides FLI for those caring for a seriously ill family member or bonding with a new child. If your car accident requires extended recovery time, FLI might be an option to consider.

4. Accident insurance

About 3,166 people suffer serious injuries per year in New Jersey car accidents. Some individuals may have accident insurance as part of their auto insurance policy. This coverage may provide financial support in the event of an accident, covering medical expenses and, in some cases, lost wages. Review your policy details to understand the extent of your coverage.

5. Community assistance programs

Community organizations and charities may offer assistance to those facing financial hardship. Explore resources available in your area, such as food banks and utility assistance programs.

Navigating the financial aftermath of a car accident without the ability to work is undoubtedly challenging. By using a few strategies, individuals in New Jersey can strive to maintain financial stability during their recovery.