Florida Injury Lawyer Blog
A car accident victim in New Jersey has just been awarded $1.2 million from her own insurance company after fighting for years following a 2013 crash with an uninsured driver.
Why would one need to battle their own insurer?
It’s especially common in Florida, a no-fault state when it comes to insurance. That means the first $10,000 paid out to car accident victims is through personal injury protection (PIP) benefits. PIP benefits cover 80 percent of your reasonable medical expenses related to the accident, 60 percent of wage losses and $5,000 for death benefits. When you are seriously injured, your damages are inevitably going to exceed that.
Also in Florida, 25 percent of drivers do not have insurance. That is 1 in every 4 motorists you pass on the road. Even those who do carry insurance are only required to maintain $20,000 in bodily injury liability insurance. That is probably not even going to scratch the surface of your medical bills in a bad wreck. So what option do you have at that point? Uninsured/ Underinsured Motorist Coverage (also sometimes written UM/ UIM coverage). Continue reading ›
