How The Statutory Deductible Affects Families

This video discusses the impact of the statutory deductible on family members involved in a serious accident. Each family member's claim is subject to the deductible, which can result in significant financial losses. For instance, a family of four with moderate injuries could see nearly $50,000 deducted from each claim, totaling hundreds of thousands of dollars. This law primarily benefits insurers while leaving families undercompensated during critical times. The video emphasizes the importance of understanding these implications and encourages viewers to seek assistance when their family's future is at stake. For help, call 1-800-JUSTICE.

The statutory deductible applies separately to each family member. This one hits families hard after a serious accident. If several family members are hurt in a crash, each person's claim may face the statutory deductible. That means that insurers can deduct nearly $50,000 off of every award, not just once. For a family of four with moderate injuries, that could mean hundreds of thousands of dollars lost. The law saves insurers money but leaves families undercompensated when they need it most. When your family's future is on the line, every dollar matters. Call 1-800-JUSTICE.