If you have ever filed an insurance claim for a car accident, you know how tedious the process can be. It can take a long time before the underwriters settle. During this time, there may be financial implications for you. It could be in the form of bills arising from car damages. You may also have to contend with medical expenses from injuries.
Sometimes, there may be lost wages if you are depending on the vehicle as a source of income. You may also be unable to work for an extended period as you heal. The good news is that you can find a quick fix with car accident loans. Our article will share some interesting statistics of car accident loans you should know. But first, let us start off by understanding exactly what they are.