DOES CAR ACCIDENT INSURANCE PAY FOR LOST WAGES

Will auto insurance pay for your missed time from work if you are injured in a car accident? In most cases, the answer is yes. If you are injured in a car accident in Minnesota, your auto insurance will pay 85% of your wage loss up to $500 per week. They pay this regardless of who was at fault in causing the accident.

This lost income benefit is helpful when you can’t work. You don’t want suddenly be in a desperate financial situation because you were injured in a car accident. For some people, $500 per week can be the difference between making the rent or not. Our car accident lawyers help people with this every day.

It is important to know that this lost wages benefit is available regardless of fault (no-fault). In other words, you can receive this wage loss insurance benefit even if the accident was entirely your fault. Lost income payments are separate from medical bills, which your auto insurance will also pay up to $20,000. In most cases, you will need a doctor’s note excusing you from work. You also need proof of your prior income to show the insurance company. However, the total cap on this wage loss benefit is $20,000 unless you purchase stacking coverage.

Auto insurance reimbursement for lost wages is just one of the benefits you can receive after a crash. While the initial lost income payment from your auto insurance is limited to $500/week, you can recover additional payment from the other driver’s insurance if they were at fault. You may also be entitled to reimbursement of medical bills beyond $20,000, replacement services, and compensation for pain and suffering from the other driver’s insurance. Payment when you can’t work because of a car accident is particularly important, though, because many people are on tight budgets and need immediate help.

FREE CONSULTATION WITH A LAWYER

If you have been injured in a car accident in MN, you are welcome to call us and speak with an experienced car accident attorney. We will discuss your lost wages and other auto insurance issues. A car accident lawyer will answer your questions about insurance coverage and advise you on how to move forward. There is no charge or obligation for the initial consultation with an attorney. The primary focus of our best MN car accident lawyers is to make sure you get the compensation you are entitled to during this difficult time.