How Car Insurance Limits Impact a Personal Injury Claim in Arizona

While most personal injury claims get paid by car insurance companies, every policy has limits. For example, your own car insurance policy might have a $50,000 liability limit. This means that the car insurance policy will pay up to that limit, and no more.

Yet your expenses may be many times what those policy limits cover, and you have no control over how much an at-fault driver takes out. How do you make up the difference?

 

Turn to Your Own Insurance Company

Arizona law requires each driver to carry a minimum of $15,000 per person and $30,000 per accident in uninsured motorist coverage. In reality, you might want to consider carrying far more coverage than that. Your UM coverage is what you’ll turn to if your claim exceeds the at-fault driver’s coverage limits.

Your insurance company will only pay up to your policy limits, of course, but it’s still more money than you’d have had before. If you can afford to, it’s not a bad idea to max out this coverage type. You never know when you’re going to get into a million-dollar accident.

 

Hold the Driver Personally Liable

If the driver has deep pockets, this can be very lucrative.

This is often what you’re going to do in a truck accident case. You’ll go after the company that owned the truck, and they’ll pay out of their corporate liability policies if their commercial auto policies don’t solve the problem.

You also might do this in a case where you know the driver is wealthy enough to absorb some of these costs.

 

Identify Other Liable Parties

This should be done long before you settle, of course, because it’s your attorney’s job to locate the other options. Yet in some cases the at-fault driver isn’t the only party who can be held accountable. For example, if there was a faulty part in either car then the manufacturer of that part or that car might be held accountable.

Your attorney will file a claim against all applicable parties at once.

 

Get a Free Case Review

The vast majority of personal injury cases are adequately covered by the at-fault driver’s insurance policy. Yet you want to ensure you’re pursuing all options and are working with a personal injury attorney who will handle both the at-fault driver’s company and your own.

Your attorney should be fighting hard for every feasible dollar.

To get a free review of your specific case, contact Tony Merchant today. Call (480) 581-8801 to get the help you need.