by cxchih » Fri Jul 04, 2008 03:48 am
If you happen to be involved in an accident where you are at fault of hurting the other person then your liability insurance is supposed to pay for the damages. Similarly if you are hurt as a result of somebody else's fault then their bodily liability insurance will come into play.
Your bodily liability injury not just protects the party injured but also his passengers (if any) and the passengers in your car (if any). Besides this it also covers the legal costs of defending yourself in court if the other party decides to sue you after an accident.
Your bodily liability injury not just protects the party injured but also his passengers (if any) and the passengers in your car (if any). Besides this it also covers the legal costs of defending yourself in court if the other party decides to sue you after an accident.
Do you need bodily injury liability insurance?
If you drive regularly or even almost regularly, you need bodily injury insurance. Most states require you to have a minimum amount of coverage and there are also some states that don't make this insurance mandatory. However, accidents usually don't come with a warning, so if you are a regular driver do get your liability insurance.
Why would you need bodily injury insurance?
The cost of treating someone in hospital can be high. Treatment can be expensive and if you have to bear it out-of-pocket all at once it can be a real burden. An accident can lead to law suits against you. You surely didn't save money for some law suit that might come up against you. Liability insurance not just pays for the liability you have towards others but also for legal suits to protect you. A third party may sue you even if you are not at fault at an accident and BI coverage protects you in any case.
Related Readings
- About Bodily Injury Liability
- PIP vs Bodily Injury Liability
- Liability in hit and run case
- Liability for property damage
- Car accident release form
I had a car accident 2.5 years ago. My car was totalled and I got paid for the car loss by the defendant's insurance company. I have been having low back pain, hip pain and leg pain on my right side since the accident. I was diagnosed with disc protrusion. I have had physical therapy, facet injections, ESIs, accupuncture, taking anti-inflammatory medicines, etc, but nothing had worked so far. My medical bills come to $45,000, my out of pocket payment (deductible) is about $4,500. I didn't have actual wage loss since I am paid salary not hourly. My treatment is still going on.
The defendant/trucking company hired an attorney. I had a deposition two months ago and a deposition with my primary doctor was scheduled in late July. Today, my lawyer told me that the defendant attorney made a bodily injury offer of $50,000 which will leave me about $15,000. My attorney called this offer a decent one. Considering the suffering that I have had and future treatment, plus $4,500 that I have paid out of pocket for the medical bills, I don't feel this is a fair offer.
Should I accept their bodily injury settlement offer? Have anyone come across such a bodily injury claim settlement before?
I appreciate your comments.
The defendant/trucking company hired an attorney. I had a deposition two months ago and a deposition with my primary doctor was scheduled in late July. Today, my lawyer told me that the defendant attorney made a bodily injury offer of $50,000 which will leave me about $15,000. My attorney called this offer a decent one. Considering the suffering that I have had and future treatment, plus $4,500 that I have paid out of pocket for the medical bills, I don't feel this is a fair offer.
Should I accept their bodily injury settlement offer? Have anyone come across such a bodily injury claim settlement before?
I appreciate your comments.
Posted: Thu Mar 14, 2013 08:10 am Post Subject:
Mississippi auto minimum liability limits are a respectable $25,000 per person / $50,000 per accident and $25,000 property damage ("25/50/25"). There is no difference in coverage for a passenger or a driver injured as the result of someone else's negligence.
All auto insurance policies include a provision labeled "Conformity with State Statutes." This provision is two-pronged. First, if the state in which the policy was issued changes the law in a way that affects the policy, the policy will automatically "conform" to that change without having to give other notice to the insured (unless required by law), usually without a change in premium until the next renewal.
Second, when an insured driver is involved in a collision in a different state than the one in which the policy was issued, the policy will automatically "conform" to the laws of that other state as may be necessary.
For example, a minimum insured Mississippi driver is involved in a collision in Texas, where minimum limits are 30/60/25. His policy would instantly improve to the 30/60 requirement of Texas law, at no additional cost. But if a minimum insured Texas driver were involved in a collision in Mississippi, her higher limits of liability would not be reduced and the full 30/60 would be available to the injured persons.in Mississippi.
The same would be true of any driver who carries much higher limits of liability, such as 100/300/50. Those amounts would apply no matter where a collision occurred because they are higher than the minimums in all states.
Posted: Thu Oct 25, 2018 06:30 pm Post Subject: Liability car insurance covers any financial damages
There are two types of liability auto insurance; Bodily Injury and Property Damage. Bodily injury liability pays for any expenses that result from the injuries sustained in the accident while property damage liability serves to compensate the other parties for damaged property. For more detail please visit generalcarinsurances.com
Posted: Mon Oct 29, 2018 02:36 pm Post Subject:
There are two types of liability auto insurance; Bodily Injury and Property Damage. Bodily injury liability pays for any expenses that result from the injuries sustained in the accident while property damage liability serves to compensate the other parties for damaged property. As per generalcarinsurances.com and my knowledge as well.
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