Getting the Compensation You Deserve
Being involved in a serious car collision is scary, but the initial shock of a collision can pale in comparison to the stress that follows, particularly if the at-fault driver’s auto insurance company is dragging its feet with settling the claim. If the amount of money the auto insurance company is willing to pay out does not adequately cover damages, then escalating the situation and starting a car accident lawsuit may be your only option.
Most Auto Insurance Claims Don’t Make It to a Court Room
According to multiple studies, the vast majority of personal injury lawsuits never go before a judge. Why? In most cases, auto insurance companies are more incline to resolve claims as efficiently as possible. With every claim, the auto insurance company’s goal is to evaluate the claimant’s damages, pay out what is necessary to bring them back to pre-accident condition, and close the claim.
As the claimant, your goal is a little different. While you also want everything wrapped up as quickly as possible, you want to make sure that you understand the full scope of your injuries and losses before you agree to a settlement.
When a claimant pursues litigation, the whole process is significantly slowed. That claim may have to be left open for years, meaning that the auto insurance company fails to achieve its goal of closing out the claim, and the claimant fails to achieve their goal of getting prompt payment.
Trials are unpredictable, and no matter how strong your case is, there’s no guarantee that the ruling will be in your favor. Sure, you could walk away with a huge settlement, but you could also end up walking away with nothing.
On top of that, litigation is expensive, and it can take years for a case to actually go before a Judge. In the meantime, you have no choice but to pay for expenses out of your own pocket. Settling out-of-court is generally the most efficient and cost-effective way for you to get a check and move on with your life.
Getting Covered with Nevada Insurance Enrollment
Regardless of the extent of your injuries or the property damage caused to your vehicle, the at-fault driver’s auto insurance company will only provide a settlement up to the driver’s policy limits. In other words, if that driver has $25,000 in bodily injury liability coverage and your medical expenses and lost wages come in at $75,000, their auto insurance company will only pay out $25,000. You could sue the driver for the additional $50,000, but suing the at-fault party can become a whole other headache.
At Nevada Insurance Enrollment, our auto insurance agents can help you prepare for the unexpected by ensuring that you have adequate coverage. Uninsured motorist insurance covers bodily injuries and property damages you incur if you’re hit by a driver with inadequate coverage, or someone hits you and leaves the scene with you having medical bills, lost wages, and pain and suffering.
Talk to one of our auto insurance agents today to learn more about getting the compensation you deserve after an accident.
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