Wage Loss - A Michigan No-Fault Insurance Benefit

No-Fault attorney explains how you can receive compensation for lost wages - when you miss work due to car accident injuries

The wage loss provision of the no-fault act will reimburse you for 85 percent of any wages lost as a result of your injuries, up to a statutory monthly maximum that is adjusted every year. If you are in a car accident between October 1, 2010 and September 30, 2011, your maximum wage loss benefits are $4,929 per month for up to the first three years.

Wage loss benefits may be extended if the job is no longer available. However, no further benefits are owed if the position was lost due to economic circumstances. A claimant may be entitled to wage loss benefits if an injury leads to a further disabling condition, such as drug dependency.

Wage loss benefits are restricted to only taxable income. Therefore, they do not include health insurance, pension and other contributions. The wage loss provision is payable for three years from the date of the auto accident.

For more information, watch our wage loss no-fault benefits lawyer video: