If you suffer injuries in a car wreck, they can prevent you from going to work. Yet, even if you're not bringing in an active paycheck, your bills won't go on hiatus. What can you do to protect your financial solvency?
Often, if the accident is covered under your auto insurance policy, your lost time at work has coverage, too. This does not always apply, however.
Here are a few key things to keep in mind.
What Are Lost Wages?
The term lost wages or lost time at work refers to any time you missed due to a covered accident. This includes any salary or hourly figure you earn, any compensation from benefits, and any other losses you suffer. It only applies for the time you can prove you missed work due to an extenuating circumstance.
For example, if you are unable to work for two weeks, the policy may cover your average earnings for those two weeks. A doctor may need to verify your inability to return to work. Be sure to document all missed time in an accurate way you can verify.
Who Causes The Incident?
If you are in a car accident someone else is responsible for, filing a claim for lost wages is critical. Keep in mind this extends to many types of events resulting from the incident. It may include:
- Time you missed because you had to go to the emergency room
- Time missed for hospital admissions
- Time spent in court proving your case
Your request for compensation could be a part of your liability claim, or part of a lawsuit filed against the other party. Your claim should spell out when these losses occurred. You must be able to document the details.
Read Your Policy
If you cause an accident and miss work as a result, you may be able to file a claim on your own policy. If the policy covers the incident, it may cover your lost time.
However, some car insurance policies specifically state they do not cover lost time. You can find this detail in the exclusions on your policy. Read through this component before you file a claim with your agent. If you have any questions, ask your Bobby Brown Insurance Agency representative.
When an incident occurs, document all the losses you have. This includes property damage, medical losses, other costs and time you miss at work. Then, be sure to file a claim for this. Your Bobby Brown Insurance Agency representative can help you to make the best decisions about what to claim. And, your policy should outline the coverage you have.