What Is No-Fault Insurance?

When you’re injured in a New York City car accident, your first thought may be to turn to your insurance company. They’re supposed to cover you in case of a car accident, right? But you may have questions about how your coverage works and how to get covered after an accident.

So what is no-fault insurance, and how do you get a settlement for a car accident? At Greenstein & Milbauer, LLP, we can help you understand your no-fault insurance and get the funds you need to recover from your car accident.

No-Fault Insurance, Explained

After you’re injured in a car accident, your New York City insurance company should cover the costs of your losses. Because New York is a no-fault state, your insurance company is expected to settle with you regardless of fault. That means you may receive funds for your injuries even if you shared fault with the other driver.

In contrast, fault states expect the insurer of the at-fault driver to pay. That means identifying the at-fault driver, getting their insurance information, and filing a claim with the insurer.

Serious Injury Threshold

No-fault insurance makes it easier for NYC drivers to seek a settlement for their losses. But there are limits to this coverage. You may have suffered a serious injury, which can impact your options for recovery.

Serious injuries may be more costly, and your insurance company may not cover the costs of these losses. You may have suffered losses totaling more than $50,000, for example, or you may have suffered a serious injury like the following:

  • Broken bone
  • Miscarriage
  • Death
  • Dismemberment
  • Permanent loss of the use of a limb or organ

If you suffered any of these losses or injuries or something similar, you may need to speak with your car accident lawyer about the severe injuries you suffered and how you can seek compensation.

Get Compensated with a Lawyer’s Help

When you’re hurt in a New York car accident, your first option may be to work with the insurance company. But that’s not always your best option.

In some cases, you may need help from a lawyer at Greenstein & Milbauer, LLP to get compensated fairly. If you’re worried about getting compensated after your loss, get your free consultation by calling 1-800-VICTIM2 (842-8462) or by completing the online contact form below.

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