No one gets in their vehicle expecting to be in a motor vehicle accident. If you're caught off guard by an accident in which you've sustained injuries from, it's important to know what help is available and how your auto insurance can assist you during this time.
Can My Auto Insurance Help With My Motor Vehicle Accident Related Injuries?
Yes! Every auto insurance policy has what is called accident benefits. These accident benefits entitle you to a certain amount of financial compensation while you are recovering from your injuries. Accident benefits are determined by the province, so they can vary throughout Canada. They will provide you with some financial help, regardless of whether or not you were personally at fault, if you, other passengers, or pedestrians were injured.
There are several different things that fall under accident benefits. If you have been injured in an accident, the ones most likely applicable to you would be wage compensation and medical expenses. With wage compensation, injured individuals can claim up to 70% of their gross income, which is capped at $400 per week. You can also claim medical and other healthcare related expenses that are a direct result of your accident. These expenses are capped at $50,000 per injured party.
What Should I Know About Claiming These Accident Benefits?
Claiming injuries as a result of an accident must be done separately from claiming damage to your personal property. If you were injured in an accident and your vehicle was damaged too, you must file two separate claims with your insurance company.
It is advised that injured individuals should report their injuries to their insurance company within seven days of the accident. Once they are reported, your insurance company will send you forms to complete. You have 30 days to fill them out and send them back to your insurance company. These forms will gather details about the accident and the injuries you received as a result. A lawyer can help you claim your injuries.
What if My Accident Benefits Don't Provide Enough Financial Support?
In some cases, your accident benefits may not cover all your medical expenses and personal needs. If you find yourself struggling to make ends meet, Rhino Legal Finance can help you through this tough time by providing flexible and affordable personal injury financing options.