Does no-fault insurance mean you can’t ask for compensation?
Group photo of the attorneys and staff of Corona Law Firm, P.A.
Does no-fault insurance mean you can’t ask for compensation?
Group photo of the attorneys and staff of Corona Law Firm, P.A.
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Does no-fault insurance mean you can’t ask for compensation?

On Behalf of | May 26, 2021 | Uncategorized

Some states have no-fault motor vehicle insurance that covers the person who carries the policy. Other states have liability policies that cover those affected by a crash caused by a policyholder. Florida has a hybrid system for its motor vehicle insurance requirements.

Drivers have to carry liability-based property damage protection and no-fault personal injury protection (PIP). Does that no-fault coverage mean you can’t bring an injury-related claim against another driver?

Your PIP won’t cover all of your costs

Depending on how much insurance coverage you have, you may only have $10,000 worth of PIP coverage. That coverage will pay for your medical costs and for up to 80% of the wages you don’t learn while out of work because of your injuries. The more severe injuries your injuries are and the longer you are out of work, the greater the risk is that your total losses will far exceed the amount of insurance available.

A personal injury claim could help you recover the rest of your losses

The point of a personal injury claim is for someone to ask for compensation for financial costs and other losses they suffered because of the actions or negligence of another party. In a scenario where you have extreme financial losses that exceed the insurance coverage you have, you may have grounds for a claim against the driver who caused the collision.

If they have coverage for liability related to injuries to others, you can possibly obtain more insurance compensation. Other times, you may need to file a civil lawsuit.  A review of information about the crash and your insurance policy with an experienced attorney can help you better understand the next step that you need to take.