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Is it true my recovery is limited under the “No-Fault” law regarding motor vehicle accidents?

April 26, 2017accidents Law limited motor no-fault recovery vehicle

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Is it true my recovery is limited under the “No-Fault” law regarding motor vehicle accidents?

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Yes, in a non-serious auto related accident, New York State’s complicated “No-Fault” law limits a victim’s recovery essentially to lost wages, medical costs and out of pocket expenses, up to a maximum of $50,000.