L M Insurance & Financial Services LLC is the kind of insurance company that Bronx, NY residents need to handle challenging and emotionally upsetting claims. For example, if you’re in a car crash that you didn’t cause, it can be hard to know what to do. Thankfully, there are ways to protect yourself.

New York is a No-Fault State

The concept of no-fault insurance might seem confusing at first, but it is actually quite simple. A mandatory no-fault state means that your coverage will protect you in a crash, no matter who’s to blame. As a result, you don’t have to rely on another person’s coverage if you’re not at fault. 

However, some people may want to avoid this route to minimize their claim amounts and to keep their policy-protected. As a result, it’s critical to know that you can pursue compensation from the at-fault party, depending on your situation and your willingness to try various types of legal action.

Other Insurance Protection is Available

If you don’t want to use your insurance to pay for a car crash you didn’t cause, that’s understandable. You’ll have to make sure that the at-fault party is willing to help you with their policy. If they try to dispute this situation, you could potentially have a lawsuit on your hands that could take time to resolve.

It’s situations like this that no-fault insurance was designed to mitigate. By letting your policy cover your damages, it’s possible to get help without having to turn into a sue-me-sue-you blues. That said, lawsuits are still an option if you don’t want your policy to be affected by a claim.

Get Help Today!

With the help of our team at L M Insurance & Financial Services LLC, you can get the help you need to get through a car crash. Our Bronx, NY team will provide the long-term support that you need and work directly with you to ensure you get the high-quality policy that makes sense for your coverage.