Another option is to have your car repaired under the collision coverage of your own insurance policy. Though the requirements vary from one leasing company to the next, almost every lease agreement requires you to carry both collision and liability insurance as part of your lease. Even though you are leasing the car, it is still owned by the leasing company or dealership. The leasing company wants to protect its investment. Because of this, you are usually required to carry collision insurance coverage as part of the lease. The purpose of collision coverage is for precisely this type of situation, i.e., to ensure that you will properly repair the leased vehicle if you are in an accident. Learn more about Car Insurance Coverage and Car Accidents.
How Do Car Accidents Compare to Motorcycle Accidents?
Motorcycle and car accidents are similar in that both are often caused by speeding and/or alcohol. According to the Department of Transportation’s Fatality Analysis Reporting System (FARS), speeding, alcohol, and/or distracted driving were a factor in 58% of fatal traffic accidents between 2004 and 2013. 31% of fatal accidents involved alcohol, claiming more than 116,000 lives. Speeding was a factor in 31% of fatal accidents. Distracted driving was a factor in 18% of fatal accidents. Despite the dangers of driving while using a cell phone and many targeted media campaigns, the Department of Transportation found cell phone use was a contributing factor in just 1% of fatal accidents between 2004 and 2013. The number of non-fatal car accidents related to cell phone use is higher, however.
Medical Bills: This includes services that you have received and/or products that you have purchased to treat your injury. For example, any hospital care that you required, including but not limited to emergency care; doctor appointments, chiropractor visits; work done with a physical therapist; crutches, braces, or bandages, etc., are all medical expenses that are usually paid for or reimbursed by the insurance company. While most medical expenses incurred as a result of your injury will likely be recoverable, medical exams that are ordered in preparation for litigation are the one exception. The total amount of medical expenses is a very important figure because it is often used as a benchmark for determining your total damages, and the amount and type of medical damages can impact other types of damages, such as pain and suffering, lost wages and emotional distress.