Can I Collect Injury Compensation Beyond Insurance Policy Limits?
In the event of an injury caused by someone else’s negligence, the legal system allows for you to recover compensation to get your life back. But given the extent of your damages, you may be wondering, “Can I collect injury compensation beyond the insurance policy limits?”
The answer is yes. You are not bound by the negligent party’s policy limits and can seek additional compensation beyond that. This is why it is important to contact an experienced personal injury attorney who can help you maximize your recovery.
Your attorney will review the facts of your case and determine the best course of action. In some cases, your attorney may be able to negotiate with the insurance company to get a higher settlement. In other cases, your attorney may need to file a lawsuit against the negligent party to get the compensation you deserve.
Your attorney will also review the insurance policy to determine if there are any additional sources of compensation. For example, if the negligent party has a personal umbrella policy, you may be able to recover additional compensation from that policy.
It is also important to remember that you may be able to recover compensation from other sources. For example, if you were injured in a car accident, you may be able to recover compensation from the other driver’s insurance company. You may also be able to recover compensation from your own insurance company if you have uninsured or underinsured motorist coverage.
In addition, you may be able to recover compensation from other sources such as the negligent party’s employer or the manufacturer of a defective product. Your attorney will review all of the potential sources of compensation and determine the best course of action.
The bottom line is that you are not bound by the negligent party’s insurance policy limits. You may be able to recover additional compensation beyond that. An experienced personal injury attorney can help you maximize your recovery and get the compensation you deserve.