What Is PFRACP And Why Should I Care?
When a car accident occurs, sometimes the driver at fault does not have insurance. As you can guess, this is bad news for a victim who has been injured as a result of the accident. When there is no insurance, it is unlikely that the driver will be able to personally pay for the victim's medical bills, repair bills and compensation for the pain and suffering from their injuries.
If you have extended your own car insurance to include uninsured motorist protection coverage, you will be able to turn to your own insurance company and receive compensation. But what happens if you do not have your own car insurance coverage?
Pennsylvania has created a state-wide fund called the Pennsylvania Financial Responsibility Assigned Claims Plan (PFRACP) that protects victims of car accidents with nowhere to turn for compensation when the other driver has no insurance. The PFRACP requires Pennsylvania insurance companies to contribute a small amount of money each month to protect victims of a car accident caused by an uninsured driver. This includes accidents where the other driver has not been identified, such as hit-and-run accidents.
The PFRACP is responsible for paying up to $15,000 to a victim who does not have their own car insurance and has been injured in a car accident caused by an uninsured or unidentified driver.
In order to recover from the PFRACP, the injured victim must meet many criteria, including:
When you are injured in a car accident that was caused by an uninsured or unidentified driver, the next step can seem very confusing. Our attorneys know each detail of the law and can help you navigate the process to get you the most coverage and compensation possible. Still, it is easy to see that you should not rely on the PFRACP to cover your compensation. Let us help you maximize your own car insurance for total protection. Contact us immediately if you have been injured in a car accident, or if you want a free review of your insurance policy to help protect you against uninsured or unidentified (hit-and-run) drivers.
If you have extended your own car insurance to include uninsured motorist protection coverage, you will be able to turn to your own insurance company and receive compensation. But what happens if you do not have your own car insurance coverage?
Pennsylvania has created a state-wide fund called the Pennsylvania Financial Responsibility Assigned Claims Plan (PFRACP) that protects victims of car accidents with nowhere to turn for compensation when the other driver has no insurance. The PFRACP requires Pennsylvania insurance companies to contribute a small amount of money each month to protect victims of a car accident caused by an uninsured driver. This includes accidents where the other driver has not been identified, such as hit-and-run accidents.
The PFRACP is responsible for paying up to $15,000 to a victim who does not have their own car insurance and has been injured in a car accident caused by an uninsured or unidentified driver.
In order to recover from the PFRACP, the injured victim must meet many criteria, including:
- They were a resident of Pennsylvania;
- They were injured in a car accident which occurred in Pennsylvania;
- The driver at fault for the accident had no insurance or was unidentified (hit-and-run);
- Authorities were notified within 30 days (police or ambulance);
- The victim did not have their own car and was not eligible for insurance benefits from other sources.
When you are injured in a car accident that was caused by an uninsured or unidentified driver, the next step can seem very confusing. Our attorneys know each detail of the law and can help you navigate the process to get you the most coverage and compensation possible. Still, it is easy to see that you should not rely on the PFRACP to cover your compensation. Let us help you maximize your own car insurance for total protection. Contact us immediately if you have been injured in a car accident, or if you want a free review of your insurance policy to help protect you against uninsured or unidentified (hit-and-run) drivers.