By Michael Morse | October 3, 2008
News stories about large personal-injury settlements evoke vastly differing emotions. But how do you put a dollar amount on life-long injuries? How much money is someone’s life worth? Or their ability to play with their children, take care of their home, or attend to their own personal hygiene needs? When injuries from a car accident affect someone’s life forever, no amount of money can fully compensate. Unfortunately, we have to place a value on these things. The right lawyer will make sure that car accident victims get all of the compensation they deserve.
Michigan is a no-fault state, which means that your own insurance company pays for the economic losses that you suffer in an auto accident. These first-party benefits include lost wages, medical expenses, nursing care, help with household chores, home modifications, and other accident-related expenses. Fortunately, Michigan is the only state that does not limit the amount of these benefits.
In addition, you can recover excess economic losses and pain and suffering from a negligent driver. These third-party benefits attempt to cover the gap between the measurable economic losses that your insurance company pays, and the pain, suffering, and other intangible losses suffered in a car accident. Although the negligent driver is responsible for these third-party benefits, the reality is that personal assets are not available from most individuals. The only source of compensation is the negligent driver’s insurance policy. Tragically, Michigan only requires very low liability limits for driver . . . just $20,000. This amount is not enough to adequately compensate most people that are permanently injured in a car accident. And, even though Michigan requires all drivers to have insurance, many drivers on the road do not have the required coverage. To protect you from these situations, insurance companies offer uninsured and under-insured motorist coverage. These policies offer third-party benefits if you are injured by an uninsured driver or a driver with low policy limits. You should review your insurance policy to make sure you have this coverage.
When you are injured in a car accident, or any other type of personal injury, the right lawyer makes all the difference between getting something, and getting what you deserve. Insurance companies tell you that you don’t need a lawyer; that they are looking out for your interests. That is just not the case. Insurance companies have law firms and teams of lawyers working for them. You should too!
In 2007, there were 324,174 car accidents in Michigan; that averages over 888 each and every day. These crashes resulted in 80,576 injuries and 1,084 deaths. If you or someone you know are injured in a Michigan auto accident, or for a free review of your insurance coverage, call the team at the Auto Accident Claim Center at 800-281-0606, or visit us on the web at michigan-auto-attorney.com.
Topics: michigan Car Accident Lawyer |
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