Car accidents leave lasting effects on the victims and their families. In Pennsylvania, you’ll have two options while preparing your car insurance policy. You can choose Full Tort or Limited Tort. What is Tort? Tort means that an individual can ask for legal action against someone else for causing pain and suffering to them during an accident.
Of all the decisions regarding car insurance, the selection of tort i.e. limited or full insurance tort is the most important. Understanding the differences between full tort and limited tort insurance can be a challenging task. The majority of drivers don’t understand the important difference between the full and limited tort insurance coverage. This article will help you understand all the differences between full tort insurance and limited tort insurance.
Types of Damages
There are two types of damages occur in a car accident i.e. Monetary Damages and Non-Monetary Damages.
Monetary Damages
- Medical bills
- Medications
- Rental car fees
- Lost wages
Non-Monetary Damages
- Pain and suffering
- Stress
- Loss of companionship
- Inconvenience
- Embarrassment
- Inability to enjoy life
Unlike monetary damages, non-monetary damages are not easy to determine. The value of such damages depends on various factors such as your age, the amount of injuries, the severity of injuries, the amount of medical treatment you receive and how your injuries have affected your life.
Full Tort
Under Full Tort coverage, you may ask for legal assistance to acquire full compensation for medical costs, lost wages, and all other expenses. You and your loved one may also ask for non-monetary damages. By choosing full tort insurance coverage, there is no limitation to your right to receive compensation for injuries you suffer in a car crash. Full tort insurance may cost more, but the benefits of this coverage are endless.
Limited Tort
Under Limited Tort coverage, you can sue for unpaid medical bills, lost wages, property damage, and other expenses related to an accident. You will not receive compensation for non-monetary damages. This type of tort was developed to reduce lawsuits and pass the savings on to the individual. Your insurance agency will lower your monthly Liability and PIP premium payments instead of giving compensation for non-monetary damages.
Full Tort insurance is one of the best forms of protection as this will cover monetary as well as non-monetary damages. If you are the victim of a car accident in Philadelphia, Pennsylvania, hire an experienced Car accident lawyer Philadelphia. He/she will help you providing limited or full tort insurance coverage for your damages.