Have you been involved in a car accident? You may already know that insurance coverage plays a huge role in these serious accidents when it comes to covering costs associated with the accident. Everybody must have an insurance policy. If you are planning on taking your vehicle on the road, then it is a legal qualification to carry some type of car insurance. The type of insurance you carry will have a very real impact on your ability to recover all that you need to, including property loss and medical bills. This means, if you have minimal insurance, you may only be able to make minimal recovery.
Many people carry something known as “Liability Insurance Coverage.” This is a standard carinsurance type that insures the driver and authorized users of a vehicle against claims coming from car accidents stemming from negligence. Negligence occurs when somebody is acting recklessly and, as a result, you end up injured. If you have damages worth $200,000 and make a claim against somebody whose insurance only carries $100,000, then you will only be able to receive $100,000. That is the coverage limit of their policy.
It is also a good idea, when injured in a car accident, to call the police to come make a report. They will be your “best friends” when it comes to receiving information, and this includes finding out their insurance information. They will also be able to tell if any of the drivers involved are uninsured, which is illegal. The police will demand the driver’s license, car registration, and insurance information from each driver. This is the best route to take because, otherwise, the other driver is able to take off without giving you any information. This would not be legal, but some drivers will do so to avoid the law – so you should call and hope that the police arrive to gather this very important information.
What Must the At-Fault’s Insurance Company Do?
There are certain aspects that the at-fault party’s insurance company is responsible for in the accident. This includes covering the cost of property damage, repair for rentals, and compensating you for your injuries that you have sustained as a result of the accident. The other driver’s insurance company will typically contact you and you will be assigned a claims agent. The agent will gather all facts surrounding the accident, assign a value to your claim, and try to settle the claim without the need for a lawsuit. They may also ask you to provide medical authorizations in order to obtain copies of your medical records and bills. However, you should always refuse, as they do not work in your best interest. They will try to limit the amount that they can reasonably pay you for your property damage and injuries.
What Happens If You Have to Rely on Your Own Insurance Company?
In cases where the other party did not have an insurance carrier, you will have to rely fully on your own. You have a contract with your insurance company, which means that they will owe you a duty to work in your favor and negotiate with you. If they are unable to work with you and gain you any sort of compensation, then you will be able to file suit against your insurer for breach of contract. Many insurers try to avoid those claims because of the financial hit they will face.
If you believe you have a case, then the first step you should take is speaking to an attorney that you can trust. The attorneys at Welebir, Tierney & Weck can help you get the compensation you deserve after an accident takes place. Find out more by calling today!
Attorney Advertising. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. The hiring of an attorney is an important decision. The information you obtain in this website is not, nor is it intended to be legal advice. You should contact an attorney for individual advice regarding your situation.
Attorney Advertising. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. The hiring of an attorney is an important decision. The information you obtain in this website is not, nor is it intended to be legal advice. You should contact an attorney for individual advice regarding your situation