Personal Injury Protection (PIP) Insurance. Texas law requires auto insurance companies to provide Personal Injury Protection (PIP) insurance to consumers, and victims of injury may qualify to recoup lost wages under this policy. A majority of Texas PIP policies have a $2,500 limit on what can be claimed for a combination of lost wages and medical expenses unless the insured buys more PIP coverage. PIP coverage will pay 80 percent of a qualifying wage loss claim.
Bodily Injury and Uninsured Motorist Benefits Insurance. An accident victim may also be compensated for lost wages via a Bodily Injury or Uninsured Motorist insurance policy. Usually, payment is received in one lump sum rather than in increments over time.
Disability Insurance. Many accident victims are able to receive financial compensation via a disability insurance policy, although there may be a lag time in order to qualify for benefits. It should also be noted that many disability policies include provisions that create a lien against any payments that may be made to an injury victim who receives payments from an auto insurance policy.
In addition to the lost income you may have earned had you not been injured, you may also be entitled to recoup any lost compensation for benefits you may have received on top of your normal salary.
The attorneys of Roberts & Roberts have the skill, experience and resources to fully investigate any serious accident or death. If you have a question about an accident involving a serious injury or fatality, please call 800-248-6000 or contact us for a free consultation.