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2. Personal injury - Wikipedia

   en.wikipedia.org/wiki/Personal_injury

   In the United States, for federal taxes payable to the IRS, the money awarded in a personal injury settlement as compensation for pain and suffering, medical expenses and property damage is not ordinarily taxable. Exceptions may apply, for example, if a plaintiff took a tax deduction in a prior year for medical expenses that are recovered ...

3. Full tort and limited tort automobile insurance - Wikipedia

   en.wikipedia.org/wiki/Full_tort_and_limited_tort...

   PIP insurance covers the medical bills of drivers involved in an accident, regardless of who is at fault. The idea behind the creation of PIP insurance was that it would reduce the number of ‘pain and suffering’ or ‘loss’ lawsuits, thereby reducing insurance company payouts and ultimately reducing insurance premiums.

4. Vehicle insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Vehicle_insurance_in_the...

   If an insured driver hits a car full of people and is found by the insurance company to be liable, the insurance company will pay $25,000 of one person's medical bills but will not exceed $50,000 for other people injured in the accident. The insurance company will not pay more than $25,000 for property damage in repairs to the vehicle that the ...

5. What happens if you drive without insurance in California? - AOL

   www.aol.com/finance/happens-drive-without...

   A 2019 report from the National Highway Traffic Safety Association found the average critically injured car accident survivor amassed nearly $980,000 in medical costs and lost wages. Even if you ...

6. Non-economic damages caps - Wikipedia

   en.wikipedia.org/wiki/Non-economic_damages_caps

   In a personal injury lawsuit in common law jurisdictions, the two basic forms of compensatory damages that may be awarded are economic damages, compensation for the injured person's past and future financial costs and losses, and non-economic damages, compensation for the pain and suffering which results from an injury. As many jurisdictions ...

7. 6 types of car insurance fraud - AOL

   www.aol.com/finance/6-types-car-insurance-fraud...

   Insurance fraud costs the average U.S. family between $400 to $700 per year in additional premiums, according to the Triple-I. ... vehicle registration and prior accidents. What are other types of ...