So you’re severely hurt, and it’s clearly because of someone else’s negligence. You can’t work at all, and it’ll be months before you can start again.
But, your personal injury lawyer tells you it’s still likely going to be months before you recover compensation for your injuries.
Texas does not require you to have PIP. However, insurers must give you $2,500 as part of your policy if you don’t specifically reject PIP. You can pay increased premiums for higher PIP limits.
If you have the minimum liability coverage, the person wounded will only receive $25,000 from your insurance policy, no matter how injured they are. If more than one person is hurt in the same accident, the policy will pay out no more than $50,000 for the total accident.
Also, it shows passengers suffer the most harm with severe injury. Furthermore, 70 percent of fatalities in car crashes happened with a passenger in the vehicle.
States like Washington require insurance companies to include uninsured/underinsured motorist protection to all policy holders unless they specifically opt-out of this coverage. This might come in handy if you've been hit in a car accident by someone who has no insurance or not enough, and you've had to take time off work - or can never work again. Click to learn more about your options for covering wage loss if the driver who hit you has no insurance.
Insurance companies have dedicated many years and resources on working within the legal system to essentially make it harder for people to get money for their claims. This has resulted in lots of red tape and loopholes that give them the edge against someone filing a claim without a lot of legal know-how. Here's one rule that you might not be aware of that could prevent you from receiving a dime on your claim, and a reason to hire a lawyer to guide you through this piece of red tape and much more of it. Click to read about the Hamilton Rule and its influence on uninsured and underinsured motorist claims.
It often comes as a surprise to personal injury victims that after their insurance claim has settled, they may be writing a big check to their health insurance company. I created this video from my blog to talk about the process of reimbursing your health insurance company after your personal injury claim settles and what you need to know.
