NCCI Reports Work Vehicle Accidents, Claims Down During Recession
Accidents involving work-related vehicles declined during the recent recession, and likely contributed to a decrease in the number of workers’ compensation claims resulting from such collisions, reported NCCI Holdings Inc. earlier this month. If you have been injured in an accident while driving a work vehicle in Oklahoma, you may be entitled to workers’ compensation benefits for your injuries, related medical bills and other losses. Contact our experienced attorneys at AMA Law today to explore your compensation options. Our lawyers will work hard to protect your rights as an accident victim and help you seek fair and timely reimbursement for your accident-related injuries.
CONSEQUENCES OF WORK VEHICLE ACCIDENTS
In its report, NCCI indicated that the frequency of large truck accidents declined 16% from 2007 to 2010, while accidents involving passenger cars declined 8% during the same period. According to the report, the recession left fewer motorists on the road due to unemployment, and resulted in fewer shipments with commercial trucks as the recession limited consumer spending. According to the U.S. Bureau of Labor Statistics, the trend likely had a positive impact on workers’ compensation, as the rate of lost-time claims resulting from nonfatal vehicle accidents fell from 3.5% of all traffic accidents in 2005 to 3.1% in 2010. Vehicle accidents tend to create more costly workers’ comp claims than the average on-the-job accident, according to the NCCI. These accidents accounted for 2% of workers’ comp claims from 2002 to 2008, but made up more than 7% of losses during that time, the NCCI reported.
CONTACT OUR EXPERIENCED ATTORNEYS FOR LEGAL HELP
Not only can work vehicle accidents result in serious injuries, but they can also lead to costly medical bills and prevent the victim from returning to work for a period of time, which can lead to a significant financial hardship as well. In an effort to reduce the risk of work vehicle accidents in Oklahoma and throughout the United States, NCCI says that employers in all industries should create safe driving procedures that can help prevent workers’ comp claims from work vehicle-related collisions. If you have suffered injuries in a work vehicle accident in Oklahoma City, or elsewhere in Oklahoma, consult our knowledgeable lawyers at AMA Law as soon as possible. Our team of skilled attorneys can help you pursue the compensation you deserve for your injuries.