After a motor vehicle collision, you’re first avenue for property damage reimbursement is likely through your own automobile insurance. But do you have the right policy to recover the full value of what you’ve lost? It can be very frustrating when the insurance company has a cap on the amount of damages you can recover. Here are 3 car insurance tips from our experienced Brevard County car accident attorney. Contact Layman Law Firm, P.L. for more information.
3 Car Insurance Tips | Uninsured Motorist Coverage
Uninsured/Underinsured motorist coverage is probably the single most important type of coverage you can have on your automobile policy. If you were involved in a car accident, and the person who caused the car accident is either uninsured for bodily injury liability coverage or underinsured for that type of coverage, then you can present your injury claim directly against your uninsured/underinsured motorist carrier.
3 Car Insurance Tips | Collision Coverage
Collision coverage is a type of coverage on your policy which will provide for the payment to repair your motor vehicle if it’s been involved in an accident. The difference between collision coverage and property damage coverage is if you run your property damage claim through your own collision policy, it is subject to your deductible. If you run your property damage claim through the other person’s property damage liability coverage, then there is no deductible to satisfy.
3 Car Insurance Tips | No-Fault Insurance
No-fault insurance, also known as PIP or P.I.P. insurance coverage, is required in the state of Florida. Everybody that has a car out there on the road has PIP coverage. Essentially, under this coverage, if you were injured arising out of the use, operation or maintenance of a motor vehicle, your medical bills would be paid for by your own auto insurance company without regard to fault. PIP typically pays 80% of medical bills, up to $10,000. You may also have purchased what they call a MedPay policy that will cover the other 20%, but standard PIP pays 80% of your medical bills up to $10,000.
Contact Christopher Layman Today for a Free Consultation
Were you or a loved one seriously injured in a car crash in Florida and have questions about the different types of automobile insurance coverage? Contact the experienced Brevard County car accident lawyers at Layman Law Firm to schedule a free, confidential consultation. Let our experience work for you.
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