This will help students riding on a school bus because their parents likely own a car and have insurance on it. If you own a car, at the time you are in an accident in a city bus or school bus, then you can use that no-fault coverage to provide the insurance benefits you will need even though you were not in your automobile at the time of the accident. This can be critical if the injured party has not recovered from their injuries quickly or they delay in hiring a lawyer. If the bus accident victim has access to no-fault benefits, then his or her statute of limitations is 2 years from the date of the last no-fault payment. The medical expense benefit can also be used to pay health insurance liens, which increases the net settlement for personal injury claims.Ī final important reason the bus accident victim needs no-fault insurance is because it extends the statute of limitations for a personal injury claim in Kentucky. There are some medical providers, like many chiropractors, that will not accept health insurance because it pays only a portion of their bills.
USED SHUTTLE BUS FOR SALE KENTUCKY FULL
Although Kentucky no-fault does not provide full replacement of wages ($200 per week limit unless you buy extra coverage), it can provide $800.00 a month, which can allow people to survive financially while they recover from their injuries.Īdditionally, no-fault insurance pays for medical expenses and many people need this to help pay for their medical expenses. Most people will have health insurance to pay for their medical expenses, but they will have no source of replacing the wages lost due to time off work as a result of their injuries.
Many people injured in a bus accident are unable to work due to their injuries and they need the lost wage benefit provided by no-fault insurance. What are Kentucky no-fault benefits and why are they so important? Kentucky no-fault benefits provide $10,000.00 of insurance to pay for medical expenses, lost wages and other expenses. KENTUCKY NO-FAULT BENEFITS ARE IMPORTANT. Of course, with no requirement of providing the benefits, it is normally not provided.
KRS 403.39-080 says that city buses and school buses may purchase Kentucky no-fault benefits, but it is not required. However, Kentucky law does not require school buses or city buses to purchase Kentucky No-Fault insurance for its riders.
Kentucky law requires every owner of an automobile to purchase Kentucky no-fault insurance. If you are injured in an accident while occupying a city bus or a school bus, you are not guaranteed to receive Kentucky no-fault benefits.
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