What To Do When Insurance Coverage Is Low And You're Injured

By Tony Garrudo

One problem that victims of a Las Vegas Auto Accident face is where the injury was caused by someone with low insurance coverage or no insurance at all! Different states require different minimum amounts of coverage for bodily injury or property damage. But even when that minimum amount has been purchased, people who are injured often have bills that far exceed that amount.

Set aside the fact that this injury is a life-changing event. Now if the insurance coverage to help pay for the financial aspects of this is inadequate, that only compounds this negative situation. That is where a professional and experienced attorney will help their injured clients.

What coverage do we have to start with? That is one of the first things to try and determine. What do we know exists right now? Sometimes, insurance companies for the defendant don't like to disclose the amount of coverage they have. However, they can be compelled to provide that information to a qualified attorney. After that, we assess the amount of coverage the defendant has so we can help pay bills right away. But what other coverage is there? What are other possibilities? If we are representing an auto accident victim, if the driver is driving a car of someone else, then the owner of the car has coverage on that car. Is the car a vehicle owned by a company? If so, then there could be a primary policy and also some kind of umbrella policy to pursue.

Were there other parties present for this accident? It's crucial to explore all of the options that you can take advantage of. There are situations in which an additional driver can be held partially responsible, therefor involving their insurance company also. This might not be simple to determine, but if you want all of your medical bills to be covered by insurance, it's valuable to explore all of these avenues.

Does the defendant have any other assets? Just because the defendant has low insurance coverage, doesn't mean they're off the hook. By using their non-insurance related assets, they can be forced to pay for damages. However, suing for personal assets can be very difficult unless the individual is wealthy.

Once the maximum amount of coverage has been totaled, and the defendants other assets have been examined, it is now time to come to a negotiation over the dispersion of these funds. These negotiations may take place over a period of time, between many injured parties, to come to on agreement on who is getting paid by the insurance company, and who gets paid by the defendant.

Insurance companies might also wish to be compensated, also. If they think they can benefit from also recovering for damages, they are free to attempt it. This process requires that you have a skillful lawyer to negotiate for you. It's tremendously difficult to manage all of the crucial issues yourself, especially if you are coping with injuries also. To perform these legal tasks during your recovery can be a herculean task. Finding an injury lawyer with a lot of experience and knowledge of how the system works is a crucial step to emerging from this process with what you deserve. - 31397

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