Insurance policies can have a significant impact on personal injury cases because they mainly explain the amount of compensation that an injured party may be eligible for.
In Florida, there is a what we call a personal injury protection (PIP), which is a type of no-fault auto insurance. Injured drivers have up to $10,000 in immediate medical coverage under the basic PIP coverage, which almost everyone has. It is important to note that in Florida, the no-fault auto insurance means that each driver’s own car insurance policy will typically cover their own medical expenses and lost wages, regardless of who was at fault for the accident.
PIP covers 80 percent of all necessary and reasonable medical expenses up to $10,000 resulting from a covered injury, no matter who caused the crash.
Here are some examples of how insurance policies can affect personal injury cases:
Liability coverage: which is typically included in car insurance policies, homeowners’ insurance policies, and commercial insurance policies, can provide financial protection to the party found to be at fault in an accident. Most personal injury cases involve a claim for damages against the party who caused the accident. An investigation is carried out to determine the responsible party, which includes the examination of insurance policies.
Policy limits: Insurance policies have limits on the amount of compensation that an injured party can receive. If the policy limits are exceeded, the injured party may be unable to recover the full amount of their losses.
Uninsured and underinsured motorist coverage: In some cases, the party who caused the accident may not have sufficient insurance to cover the damages.
Medical payments coverage: Some insurance policies include medical payments coverage, which can aide with the payment of medical expenses regardless of who is at fault for the accident.
It’s important to understand the insurance policies that apply to your personal injury case, and how they might impact your ability to recover for a claim.
A personal injury attorney can help you navigate the claims process and guide you along the way to ensure that you receive the full amount of compensation to which you are entitled.
Darfoor Law Firm is here to represent you and guide you with your claim process.
Schedule a free consultation now or call us at 1-833-DARFOOR.