Being in a wreck can be a terrifying situation, and thinking about the costs afterward may only make things worse. Fortunately, there could be rules in place to help you after an accident, no matter who was to blame.
Car accidents cause billions in damage every year. If you’re in an accident, your medical costs could seem insurmountable. But you may get help covering those bills if you’re hurt, without the insurance company asking too many questions thanks to no-fault insurance.
Blameless benefits
Your insurance company will likely compensate you after an accident for the basics, but the coverage isn’t boundless. And to get those benefits you need to file claims forms within 30 days.
- Coverage: Your insurance may take a look at your medical costs first after an accident, and then move on to reimbursement for the time you miss at work. The third category allows for more leeway and can cover expenses associated with the accident, like transportation costs to your physician or help around the house while you’re incapacitated.
- Limits: Basic no-fault usually covers medical-related issues up to $50,000 per person. Coverage in excess of $50,000 is available to you when you purchase your policy. This could include anyone involved in the accident, from passengers to pedestrians. The insurance company likely won’t cover anything above that price tag.
- Beyond: Certainly not all-encompassing, there are things you’ll need to go outside of no-fault insurance to fully cover. Serious issues like permanent injury, full disability or disfigurement could be the responsibility of the at-fault driver to handle. Any damage to your vehicle will also fall outside your no-fault insurance, so that may be a separate matter you’ll need to manage.
You’re entitled to certain coverage after a car accident with no-fault insurance, but it’s important to know exactly what the insurance company will offer. Develop an understanding of what is under your policy’s umbrella, and you can start forming a plan for dealing with the aftermath of your accident. We are always available at no cost to consult with you regarding your insurance protection plan.