You do everything you can to keep you and your family safe on the road. You drive the speed limit, obey all traffic laws, practice defensive driving, and always wear a seat belt.
Unfortunately, other drivers aren’t as careful as you are, and with so many aggressive drivers on the road, you may end up in an accident. What happens if you’re injured and can’t work? How will your bills get paid? How will you support your family?
New York is a no-fault state: What does that mean?
New York’s ‘no-fault’ law means that, in most cases, an insurance company will pay for damages regardless of who is at fault for an accident. These damages include medical expenses and lost wages, up to $50,000. This system simplifies the claims process and makes it easier for drivers to get the coverage they need.
In a no-fault state, there is no need to prove who was at fault in an accident, which can save time and money. Instead, each driver must file a claim with their own insurance company before seeking compensation from the other party.
If you are involved in a motor vehicle accident, you will want to do the following:
- Document everything related to the accident, including the date, time, and location. If there are any witnesses, get their contact information.
- Take pictures of the scene of the accident and your injuries. This may be helpful later on.
- Keep detailed records of your medical appointments, expenses, and lost wages.
Even though you will be compensated up to $50,000, that money can go quickly when it’s used to pay for costly medical bills, utilities, the mortgage and groceries.
If you’re seriously injured, you may be able to file a lawsuit if you are seriously injured and your economic losses are more significant than the amount provided by the no-fault insurance.