Ads
related to: typical car crash compensation
Search results
Results From The WOW.Com Content Network
Understanding the tables: XX/XX/XX = Bodily Injury Limit (per individual)/Bodily Injury Limit (per accident)/Property Damage Limit For example, limits of 25/50/20 means after "an accident each person injured would receive a maximum of up to 25,000 with only 50,000 allowed per accident (ex. 2 people needing 25,000, if the need is more such as 3 ...
However, Michigan’s average annual auto insurance rates are still the highest in the country - and Detroit has the highest rates of any city in the U.S. [13] Additionally, Michigan's no-fault reforms reduced compensation to some caregivers, which made it difficult for some catastrophically injured crash victims to access care from their auto ...
How long you can file a claim for an injury after a car accident depends on your state. Reporting requirements for bodily injury range from one year in Louisiana or Tennessee to 10 years in Alaska.
Auto repair insurance is an extension of car insurance available in all 50 of the United States that covers the natural wear and tear on a vehicle, independent of damages related to a car crash. [66] Some drivers opt to buy the insurance as a means of protection against costly breakdowns unrelated to a crash.
Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...
In 2001 this rate was set at 2.5%. In 2017, Liz Truss, then Lord Chancellor, reduced the rate to minus 0.75%, because three year average of real yields on index-linked gilts had fallen since 2001 and because of her legal duty to treat people in receipt of injury compensation awards as "risk-averse investors". [19]
Ad
related to: typical car crash compensation