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

A Las Vegas Auto Accident can be a horrible experience, and it's even worse when the person who caused the injury is either very poorly insured or has no insurance at all. Depending on the state you reside in, the minimum amount of coverage for an injury to the body or property damage can vary. But even after the purchase of the minimum amount of coverage, the medical bills usually will still be through the roof.

You must also consider the fact that getting into a car accident attorney can be a life-changing event. And when a person can't get the insurance coverage they need, this only makes an already negative situation worse. If you have gotten into this kind of situation, it may be time to seek out a professional attorney who has experience in this field.

What coverage is available right now? This is very important and should be the first thing to consider. What coverage is there to start with? There are some insurance companies that refuse to talk about the amount of coverage they have. They might, however, give out this information to a qualified attorney. Once this has been accomplished, we then calculate the amount of coverage for the defendant so bills can be payed immediately. Is there any other coverage out there? Are there any other possibilities? If the victim of an auto accident is driving another person's car, then the owner of the car will receive coverage for it. Is the vehicle a company car? If this is the case, there's a possibility that there is a primary policy and maybe an umbrella policy that can be pursued.

Were there any other parties involved in the accident? All possibilities must be considered when dealing with a car accident. On occasion, another person could be partially responsible for the accident, and their insurance policies can be used as well. This may not be the easiest road to travel, but if your client is going to get more than just the minimum amount of coverage, all options must be considered.

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.

The insurance companies may also choose to stake a claim. If they feel they need to recover damages, they may choose to do so. You should always have a skilled negotiator and lawyer in your presence during this process. It's incredibly difficult to deal with all the legal and financial issues when you don't have a lawyer there who can spell it out for you. This is especially true when you yourself are an injured party. A las vegas lawyer who specializes in the injury field and knows his way around the system, can help tremendously in these kind of jams.