What Happens When a Car Accident Claim Exceeds Insurance Limits?
When you’ve been involved in a vehicle collision, and have suffered injuries or damage, generally the at-fault party’s insurance policy offers you compensation for your expenses like property damage and medical bills.
With mounting medical bills, car repairs, or any number of other financial stressors, car accidents can be devastating, and if you’re injured and can’t work, you need compensation to cover the costs you have.
But what happens when a car accident claim exceeds insurance limits?
We’ll discuss standard policy limits and what you can do if your car accident claim exceeds insurance limits.