No-Fault Insurance: When you are driving on the road, you have to be cautious for yourself and the people around you. Roadside accidents are becoming increasingly common and they may result in serious injuries and financial loss.
When you are involved in an accident, for instance in Hampton GA, hiring a car accident lawyer Hampton GA can help you get compensation for your loss. Thus compensation is offered by the at-fault party. However, there is another insurance called no-fault insurance. Here is everything you should know about this insurance coverage.
Offers Immediate Medical Coverage
No-fault insurance can offer Immediate medical assistance after an accident without having to consider the at-fault driver. A driver’s insurance company will cover the medical expenses itself.
This coverage can be very helpful for drivers who need immediate medical care. They can pay for expensive medical treatments through their insurance. Without this insurance, drivers may have to pay from their pocket or wait for the lawsuit to be over so that at-fault driver’s insurance kicks in.
Provides Personal Injury Protection
Personal injury protection is a crucial aspect of no-fault insurance. This type of insurance does not require proof of fault to provide financial support to the driver in need. This type of insurance not only covers the medical bills comprehensively, but it can also help pay for loss of wages and even funeral costs in case of wrongful death in an accident.
This financial support offered by this type of insurance can be very beneficial for the driver in need immediately after the accident.
Reduces The Need For Litigation
Most people have to go through an extensive litigation process because they require financial support to pay for their medical expenses. When no-fault insurance is available for financial support, most drivers may not see any use in filing a lawsuit against the at-fault party.
This can reduce the stress of fighting a claim case and going through a lengthy legal battle. However, when the injuries are severe, the victim has the right to pursue a lawsuit.
A Few Exceptions
Like any other insurance package, no-fault insurance has a few exceptions of its own depending on the jurisdiction of the state you live in. For instance, if you have reached a certain threshold or if the injuries are serious you can pursue a lawsuit.
For instance, if your accident occurred in Hamilton AL, you can consult a personal injury law firm Hamilton AL to provide you with legal advice specific to your situation. Your lawyer can suggest ways to receive compensation for your loss and suffering.
Impacts On Your Premium Packages
No-fault insurance may impact your premium insurance coverage as well. Although no-fault insurance provides instant support for your medical coverage and other expenses after an accident and reduces the need for litigation, this insurance coverage can make premium insurance packages a little more expensive.
If you have no-fault insurance and premium insurance, you should explore the potential impacts and find ways to control the cost.