Threshold Level

Under some no-fault insurance laws, the threshold level represents the degree of injury a claimant must establish before being allowed to sue the negligent party. The threshold may be verbal (regarding the severity of the injuries) or a dollar amount ($10,000), or both. For example, with a threshold of $5,000, an injured person may sue if his/her injuries and other economic damages (rehabilitation expenses, loss of income, etc.) exceed $5,000

See Also: Tort; Transportation Expenses; Uninsured Motorists Bodily Injury; Unearned Premium; Usage; VIN Vehicle Identification Number; Waiver of Collision Deductible;

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