No-fault insurance typically covers medical expenses, rehabilitation, and certain other costs resulting from an accident, but whether it covers lost wages depends on the specific policy and state laws. In some jurisdictions, no-fault insurance may provide wage loss benefits as part of its coverage, usually with certain limits and conditions. It's essential to review the policy details and state regulations for precise information on lost wage coverage.
Typically, no-fault insurance will reimburse for lost wages. However, you won't receive 100% of the wages lost, because the benefit is tax free. There are also other monthly caps, so it's best to contact your agent for all the specifics.
Modified no-fault insurance provides benefits such as quicker compensation for medical expenses and lost wages after a car accident, regardless of who is at fault. It also helps reduce the number of lawsuits and legal costs associated with traditional fault-based insurance systems.
You will have to read the contract. Insurance contracts differ.
If you are injured to the point that you cannot work, you may get awarded lost wages. However, you might spend the lost wages award to pay for the ticket you'll get for driving without insurance.
The answer for this question is very complex and it depends upon the injury. If your at the No-fault state and you have no-fault insurance the insurance will cover general damages such as pain and suffering. The section of your policy that covers the bodily injuries (and your bodily injury claims) in a no-fault state is called Personal Injury Protectin or PIP. Although different states cover different things, in general, PIP covers your medical bills, lost wages, funeral costs and death benefits up to your policy limits. No-fault insuranc coverage can be very complex and you may want to consult a Personal Injury Lawyer to help you through the process.
Depends. If you are at fault, the other insurance company has to cover property loss. Personal property loss is most likely an option (not basic coverage) on your policy.
Usually it will provided the elk that was driving is found to be at fault. /A moose once bit my sister.
some times
No, Homeowners insurance does not cover the cost of lost keys.
Auto Insurance - Repairs on damaged vehicles Renter's insurance - Replacement of stolen personal possessions Life insurance - Money for relatives of someone who dies Health insurance - Visits to the doctor or hospital Disability Insurance-wages lost because of injury or illness
In Florida, No-Fault insurance, also known as Personal Injury Protection (PIP), is not mandatory for vehicle owners, making it optional. This means drivers can choose whether to carry PIP coverage, which typically covers medical expenses and lost wages regardless of fault in an accident. However, opting out of No-Fault insurance could leave drivers financially vulnerable in case of an accident. It's essential for vehicle owners to weigh the risks and benefits before deciding on their insurance coverage.
The employer.