Property Damage vs. Bodily Injury Claims

Whenever accidents happen, victims lose much either in terms of finances or in health. Claims for accidents mainly fall into property damage and bodily injury. These claims may arise from the same occurrence, but they actually diverge widely in the processes toward compensation for either party. Knowing the differences will assist you in better handling your insurance options and legal approach.

What Are Property Damage Claims?

A property damage claim covers the costs involved in repairing and replacing damaged property. In motor vehicle accidents, this would normally mean repairing or replacing automobiles. Property damage can also refer to items within the vehicle, damage inflicted to a home, or damage suffered by personal belongings as a result of the incident. 

What Are Bodily Injury Claims?

Bodily injury claims are made in respect of damages incurred by bodily harm. Such items would include medical expenses, lost income, pain and suffering, and future care costs. Bodily injury liability insurance in Florida, as in other states, applies for the useful purpose when you are found liable for the bodily injuries suffered by another person. 

Key Differences in Coverage

Revenue and profits are two different things, while property damage is concerned with restoring the damaged things, bodily injury is concerned with restoring the injured human beings. For this reason, insurance policies often show a separate limit for each. For instance, the limit for bodily injury is different from that for property damage in most auto insurance policies. 

How Claims Are Processed

Property damage claims are often resolved far more quickly than bodily injury claims, with the latter often being more complex. The process may have medical records to go through, expert testimonies to hear, and time to assess fully the current injuries and future damages. 

This post was written by Kelly-Ann Jenkins of https://www.jenkinslawpl.com/. Kelly-Ann is an insurance claim Lawyer. The information on this site is not intended to and does not offer legal advice, legal recommendations, or legal representation on any matter. Hiring an attorney is an important decision, which should not be based on advertising. You need to consult an attorney for legal advice regarding your situation. 

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