What Is the NY No Fault Law?
Laws vary by state, so it is important to stay up to date on the laws where you live. If you plan to move to another state or even if you just haven not brushed up in a while, be sure to take the time to review the laws. If you live in New York, for example, you will need to know about the no fault law. While car accident lawyers will be able to help you navigate this law if it ever pertains to you, it is still beneficial to learn about it. In this video, you will learn what the no fault law is and how it might affect you.
The no fault allows you to get paid for having been involved in a crash. Whether you were in a vehicle or were a pedestrian, the insurance company on the vehicle that you were sitting in or that struck you will pay up to $50,000 to cover your medical expenses as well as your lost wages, such as transportation to your doctor’s appointment or replacement glasses. Per the law, every car in New York has this type of insurance, and every car will have at least $50,000 in coverage. In other words, this law makes it so that it doesn’t matter who is at fault for the accident.
.
