Friday, July 8, 2011
WHAT IS THE VALUE OF MY BALTIMORE PERSONAL INJURY CASE? What is "Personal Injury Protection"?
Almost any Baltimorepersonal injury lawyer will tell you that PIP benefits are 'no-fault', 'first-party' insurance benefits. 'No-fault' means that you get if injured in an automobile accident, them no matter what the blame for the accident is. [Now, you can't collect if you intentionally caused the accident, or if you were committing a felony that led to the accident.] 'First-party' means that it is your insurance. The minimum coverage is $2500 and your insurer has to offer it to you, and you must decline it in writing if that is your choice. You can buy more coverage. The coverage pays your reasonable and necessary medical expenses and/or 85% of your lost wages. Experienced Baltimore personal injury lawyers know that most insurers tend not to challenge the wage loss benefits, but frequently refuse to pay, or reduce, the medical charges of some medical providers.