![]() ![]() Even if the adjuster authorizes maximum compensation, your car accident injuries may still cost more than what’s available under the at-fault driver’s insurance policy. Every policy has a limit of maximum liability for the insurance company. That’s because they represent the insurance company, and for-profit companies make more profit by paying out less money.īut sometimes, the adjuster is not what’s standing in the way of full recovery. How Do Insurance Policy Limits Work?įor many people, the greatest obstacle in seeking compensation from car accident insurance companies following an accident is the insurance adjuster. Basically, the court says if the at-fault driver has the extra money to own these things, they can pay for the damages they’ve caused you.īut because the courts also don’t want everyone to go “lawsuit crazy,” the process can be long and arduous, and we don’t recommend trying it without an experienced car accident lawyer. That’s why, in situations like these, your attorney can sue the other driver and go after “recreational assets,” like large savings accounts, extra cars, fancy boats, or vacation homes. What happens when a millionaire gets behind the wheel while drunk or texts while driving and hits you, but only has minimal insurance coverage that doesn’t even cover all your medical bills?
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