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You were so glad to be alive after your New Jersey car accident. You knew you would need some time to recover for your injuries, but that was no problem--after all, you have insurance. You’ve paid into your policy for years, and now it’s time for them to pay you, right?
Ideally, yes. However, many victims face problems when it comes time to collect auto insurance benefits.
Victims who want to recover income benefits for serious injury in a NJ car accident need to know:
- Under standard PIP auto coverage, any disabled income earner is entitled to income continuation benefits. The default coverage for bodily injury disability is a maximum weekly payment of $100 with a maximum limit of $5,200 to any one accident victim.
- Income continuation benefits may be reduced depending on the amount of other benefits, including benefits workers’ compensation, state disability benefits, and Medicare payments.
- If a worker is killed in a car accident, the full benefit amount may be payable at once.
In order to receive benefits for lost income, you may have to provide proof of your income to the insurance company. Depending on your policy, you may only be able to receive the amount you were earning before the accident as opposed to an amount you would likely earn in the future (as a result of promotion or other raises).
Insurance companies will often use a variety of tactics to deny victims their full amount of payment. For instance, if victims were about to suffer a drop in monthly income (if they were close to retirement or transitioning to part-time work), they may attempt to decrease the amount of benefits owed.
If you suffered a serious injury in a NJ car accident, Morristown car accident attorney Manfred F. Ricciardelli, Jr., can help you receive the maximum amount of benefits entitled to you. Call (877) 360-0183 today to find out how we can help you in your FREE, one-on-one consultation.