Health Insurance in Wichita Falls TX

 

 

Health Insurance in Wichita Falls TX

It only protects those “not at fault.” When an accident occurs, only the person adjudged not at fault or less at fault (depending on the laws of each state) is able to collect Health Insurance in Wichita Falls TX for items such as lost wages and pain and suffering from the person who caused the accident. Yet, just because a person may have caused an accident doesn’t mean that he or she does not also have significant injuries and expenses arising from it. Under the fault concept, the only benefits that persons at fault can collect will be from their own Health Insurance in Wichita Falls TX, be it auto, health, or disability insurance. Unfortunately, many have little or no insurance protection and thus end up in severe financial straits.

It is a primary cause of Health Insurance in Wichita Falls TX. Auto accident cases make up a significant part of the civil case court load in states that have a fault system. Some states have such an overload of civil cases that it can literally take years to get to court.

It can take years to receive Health Insurance in Wichita Falls TX. When an injured person seeks damages under the fault system, he or she must often go through years of waiting to receive damages due to the time-consuming exercise of bringing a lawsuit and waiting for a court date (assuming a quick settlement can’t be reached with the insurance company of the person at fault). Unfortunately, bill collectors like the tides, wait for no man. Thus, many have been financially ruined while waiting to collect their money.

Only the lawyers benefit. As we have noted, lawyers in automobile accidents usually work on a contingency fee, meaning they collect a percentage of the recovery rather than an hourly fee. If there is no recovery, there is no fee. The percentage charged can be significant, running from 25 to 40 percent.

With all this criticism and with so much fussing and fighting, it is not wonder that there is an effort under way to change the way we settle differences arising out of auto accidents. This new approach is called no-fault. How no-fault works and its pros and cons are the subjects of our next chapter.

With the cost of auto insurance premiums rising at truly alarming rates, there has been a movement in many states in the last decade to alter the fault system. This movement supports a concept generically referred to as no-fault Health Insurance in Wichita Falls TX.

Basically, no-fault insurance is designed so that the victims of an automobile accident receive compensation from their own insurance company for damages that result from the collision. It is called no-fault because the respective insurance companies are responsible for the damages to their own clients without regard to whose driving errors caused the accident.

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