7. No-Fault Insurance

Question 1

Three things to determine in no-fault insurance

Answer 1

1. When you are entitled to collect no-fault insurance
2. What you get
3. When you are allowed to litigate, despite the no-fault law

Question 2

In order to collect under no-fault insurance, one must be:

Answer 2

1. The carrier of the insurance,
2. any other authorized driver of his car
3. Any passenger in the car
4. Any pedestrians hit by the car

Question 3

People disqualified from collecting under no-fault

Answer 3

1. Drunk drivers 2. Drag racers 3. Car thieves, or other fleeing felons

Question 4

What does No-Fault insurance cover?

Answer 4

1. All medical expenses
2. Lost wages up to $2,000 a month for three years
3. Supplemental expenses up to $25 a day (lawnmowing, maid, etc.)

Question 5

Can No-Fault insurance cover pain/suffering?

Answer 5

No

Question 6

When are you allowed to litigate, despite the no-fault law?

Answer 6

1. If you have injuries that exceed “basic economic loss”

2. If you suffer a “serious injury”

Question 7

Basic Economic Loss

Answer 7

More than $50,000 (Add medical expenses + Lost wages for 1 year + Misc. Expenses for 1 year)

Question 8

Serious Injury

Answer 8

1. Death
2. Dismemberment
3. Serious disfigurement
4. A fracture
5. Loss of a fetus
6. Permanent loss of the use of a bodily organ or bodily member
7. Permanent consequential limitation of the use of a bodily organ or bodily member