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Saturday, January 21, 2012

Will the Insurance Company Pay for Wage Loss after an Accident?




In Pennsylvania, if you lost income or wages due to being in an accident, you can recover. First, say you were in a car accident in Collegeville or Pottstown or Limerick on Route 422 or Route 100 or elsewhere, and it was someone else's fault. you woull have two possible sources of recovering lost wages. You should first check with your own insurance company. If you have wage loss coverage on your own policy (sometimes called "no fault" or "first party" coverage), then you can apply for the wage loss as you lose it. You will need to get proof of your earnings (maybe a W-2 or paystubs from before the accident) and a doctor's note of disability. The advantage of having it on your own policy is that you can get reimbursed as the wage loss happens. It is true that the at-fault person's insurance company would owe you for wage loss-- but they generally won't pay it to you until the end of the case or without a release. If you are having ongoing symptoms, injuries or other losses, you want to be very careful abut signing anything which could affect your rights. If you have any questions, you want to contact an experienced personal injury lawyer.

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