Auto accident settlements rarely exceed the policy limits, but it does happen. In some cases, a jury will order a defendant to pay the injured party more than the insurance policy provides.
More than one outside party may have caused the accident in other cases. The injured party can seek the full policy limit from more than one party and recover greater total compensation when that happens.
Seeking an auto accident settlement that exceeds the policy limits can be complex, especially for people with no legal experience. You may need to file insurance claims with multiple providers or take your case to trial. You may find this process easier with the help of a personal injury lawyer that has handled cases like yours before.
Illinois requires drivers to purchase auto insurance to pay for damages resulting from an accident that they cause. This insurance must meet minimum requirements set by the state. According to the Illinois Department of Insurance, the required minimum coverage is:
Your lawyer will find out how much coverage the at-fault party carries. We will also determine how much your losses are worth and advise you how much compensation you should seek in your settlement.
Your lawyer will prove your losses with medical expert witness testimony or accident reports. They must first estimate how much compensation you should seek, though. You may be entitled to damages for:
The law does not require victims to work with lawyers, but having one handle your auto accident case could bring you peace. This is especially so if you choose to go to court to seek compensation that exceeds policy limits.
A car accident lawyer can help you sort out the complexities of your case, advise you on the best path to obtaining compensation, and make the whole legal process less stressful for you. Here are some ways a lawyer can help:
You may need to sue the at-fault party to gain compensation for your losses after a car accident, but Illinois limits how long you have to do so. 735 ILCS 5/13-202 establishes the statute of limitations for personal injury at two years. You must file a lawsuit against the other driver within this time. If you wait any longer, you lose the right to sue.
Our lawyers can work with you to:
If you were injured or lost a loved one in an auto accident, you could recover a financial recovery for medical expenses, lost income, and more. The Kryder Law Group, LLC, could secure a settlement that compensates you for the value of your losses.
Call our office today for a free case consultation. We work on contingency. This means you pay nothing until we secure damages for you.