Car accidents are unexpected, stressful, and often emotionally overwhelming. Whether you’re a driver, passenger, or pedestrian, it’s important to know your rights and the legal avenues available to you—especially if you’re not at fault.
In New South Wales (NSW), the law provides several pathways for victims to seek support and compensation. At Krayem & Co., we believe that clarity is power—and that starts with knowing your options.
1. You May Be Eligible for a CTP Claim
If you’ve been injured in a car accident in NSW, you can usually make a Compulsory Third Party (CTP) insurance claim. CTP insurance covers personal injuries caused by motor vehicle accidents and is mandatory for all registered vehicles.
You may be entitled to:
- Weekly income support
- Medical and rehabilitation expenses
- Lump sum compensation for serious injuries
Note: Time limits apply. It’s important to act quickly—ideally within 28 days of the accident.
2. You Can Sue the At-Fault Driver
If another driver caused the accident through negligence (e.g. speeding, texting while driving, ignoring road rules), you may be able to sue them for damages. This typically goes through their insurer, and could cover:
- Loss of income or future earning capacity
- Pain and suffering
- Long-term care or home support
A legal expert can help assess whether your situation meets the threshold for this type of claim.
3. Claims for Property Damage
If your car or property was damaged in the accident, you can also:
- File a claim through your own insurance provider
- Seek reimbursement from the at-fault party (or their insurer)
You don’t have to suffer the financial burden alone—document everything and understand your policy coverage.
4. For Business Owners: When Accidents Affect Your Operations
If you’re a business owner and a car accident affects your ability to work, serve clients, or deliver products, the impact can go far beyond personal injury. You may be able to factor lost income into your claims process—something often overlooked.
At Krayem & Co., we help business owners assess the wider financial impact of unexpected disruptions and guide them on how to build operational resilience moving forward.
Know Your Rights—Then Take Action
Navigating insurance, liability, and legal proceedings after a car accident can be confusing. While the system is designed to protect you, it can feel like an uphill battle without the right advice.
Here’s what we recommend:
- Document everything immediately
- Seek professional legal advice
- Understand your numbers—especially if you’re self-employed or a business owner
- Don’t delay—many claims are time-sensitive
Final Thoughts
Whether you’re the victim of an accident or facing financial disruption because of one, you deserve clarity, support, and confidence in your next steps. At Krayem & Co., we may not be lawyers, but we’re experts in helping business owners protect what they’ve built—especially when life throws the unexpected.
Need help making sense of the financial impact after an accident?
We’re here to help you move forward with control.
