Constantly tripping over yourself, spilling your coffee or getting into minor car accidents may be embarrassing enough by itself. However, these accidents could lead to injuries that have a significant impact on your budget. How can you learn to manage your finances in spite of this challenge?
Get Adequate Insurance
Ideally, an insurance policy will be setup to best meet the needs of the policyholder. If you see yourself getting into a lot of accidents, make sure to get the highest levels of coverage that you can afford. It may also be a good idea to get the lowest deductible even if it means a higher premium. As long as you use your insurance, the lower deductible will generally negate the higher monthly cost of your policy.
Minimize Your Time behind the Wheel
If you can’t see well or have trouble handling your vehicle, it may be best to not drive whenever possible. This may mean living within walking distance to work or in an area where public transportation is available. Depending on where you live, it may be possible to get rides from friends or take advantage of services like Uber. It may also be a good idea to refrain from driving at night where your vision is limited. In addition to reducing the likelihood of an accident, you could save hundreds a month without a car and car insurance payment.
Protect Your Fragile Property
Your iPhone may cost $100 a month or more between paying for the phone and your service plan. For $20, you can buy a screen protector to keep it safe if you drop it. You can also buy premium laptop or tablet carrying cases that will protect those items if dropped or otherwise handled roughly.
Talk with an Attorney
If you have been in a serious car or other type of accident, you should talk with an attorney immediately. Legal counsel may help you find ways to get compensation for lost wages or other damages if you were not at fault for the accident. If you were at fault, an attorney may be able to limit the damages that you have to pay.
No matter how clumsy you may be, there are ways to try and limit the damage that it can cause to your physical and financial health. Buying good insurance, purchasing protective items for expensive electronics and retaining legal counsel may all be ways that you can protect yourself after an accident.