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Optional Basic Economic Loss Tag

New York Automobile Accident Attorney Explains if OBEL Coverage is Necessary

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Here at the New York Accident Attorneys of Frekhtman & Associates, we advise New York car insurance holders to consider purchasing OBEL i.e. Optional Basic Economic Loss coverage. Along with basic insurance coverage, OBEL coverage provides protection to automobile accident victims with an additional $25,000 which can be used to cover medical expenditures and lost wages. There are various types of insurance covers that provide compensation for medical bills/or lost earnings in case of an auto accident. OBEL coverage is optional coverage and is not mandatory. If you obtain this coverage then it will provide an additional benefit of $25,000 which...

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