Car Insurance Claim Exceeds Policy Limits Austin Car Accident Lawyer

Car Insurance Claim Exceeds Policy Limits – Austin Car Accident Lawyer

Seeking a Free Consultation with one of Texas’ Austin Car Accident Lawyers? Call the Austin Car Accident Lawyer Reshard Alexander today at 512.222.9593.

When Your Austin Car Insurance Claim Exceeds Policy Limit

If you have been injured in a car wreck, you may have already heard the term policy limits being thrown around by the insurance adjusters and lawyers. What does that mean, and how does it affect your claim?

Insurance is not infinite. There is a set amount designated as the most a carrier will pay out on a claim. The number varies depending on the type of coverage. Austin car accident lawyer Reshard Alexander will be happy to assist you in figuring it out if you were injured in an accident and are trying to recover your medical expenses from an at-fault driver.

Policy Limits
Policy limits are presented as two numbers. Texas law has set the minimum amount of liability coverage at 30/60/25, so let’s use that as our example. If you are hurt in an accident where the driver has opted for the minimum amount of liability insurance, then regardless of the number of your bills, his insurance company is only obligated to pay out $30,000. This is a per-person amount for bodily injury. Unless he has other assets, there may not be much else you can do to him.

The second number, 60, is per accident. So if a driver runs a red light and causes a wreck that injures 5 people, the insurance company will only pay out up to $60,000. It can be complicated trying to work this all out with the other drivers’ insurance company, which is why we recommend utilizing a car accident attorney.

What if your medical expenses totaled $50,000 and their policy limit is $30,000? You are allowed to file a claim against your own insurance company to make up the difference. Hopefully, you sign up for uninsured/underinsured motorist coverage.

The last number is the property damage amount. The insurance company is only required to pay out a maximum of $25,000 for all property damage caused in an auto accident with a minimum liability policy.

Seeking a Free Consultation with one of Texas’ Austin Car Accident Lawyers? Call the Austin Car Accident Lawyer Reshard Alexander today at 512.222.9593.

Austin Car Crashes – When Your Austin Car Insurance Claim Exceeds Policy Limit
A smart Harris County motorist opted for higher uninsured/underinsured motorist coverage. When he was struck by another vehicle in an intersection, the cost of his injuries exceeded the $30,000 liability policy of the other driver by $59,000. Not including the cost of his future care as a result of permanent disability. His own insurance company agreed to a $500,000 settlement amount on top of the $30,000 that had been paid by the at-fault driver’s insurance company. The fact that he had the foresight to prepare for a worst-case scenario not only ensured that the medical bills were paid, but that he was also compensated for future expenses. Had he not, he would have been left with a debilitating injury and a hospital bill balance of $9,000.

When considering the amount of coverage you need, consider all of your assets and make sure your policy limits equal or exceed them.

There are other options available to you besides just what a liable motorist can be forced to pay. If you sense that his insurance will be inadequate in relation to your expenses, consult with a Austin car crash attorney before giving up.

Seeking a Free Consultation with one of Texas’ Austin Car Accident Lawyers? Call the Austin Car Accident Lawyer Reshard Alexander today at 512.222.9593.

Contact a Austin Car Accident Lawyer Today
You should discuss your situation with Big Rig Bull Texas truck accident lawyer Reshard Alexander today if you feel your insurance carrier is being unfair or unreasonable. You may be entitled to additional compensation beyond what is outlined in your policy.

Legal Help
If you have been involved in a car accident in the state of Texas due to the negligence of another driver, you will benefit from discussing your case with a qualified Texas Car Accident Lawyer.

To speak with Austin car accident lawyer Reshard Alexander call me today. I can evaluate your case for free and help you determine what the best course of action will be moving forward.

Car Insurance Claim Exceeds Policy Limit Austin Car Accident Lawyer

Seeking a Free Consultation with one of Texas’ Austin Car Accident Lawyers? Call the Austin Car Accident Lawyer Reshard Alexander today at 512.222.9593.

If you were seriously injured in a car accident or other type of personal injury accident, contact us at (512) 222.9593. You can also fill out our online contact form. Your initial consultation is always free, and you never pay attorney fees unless we recover compensation for you.

Winning Your Personal Injury Lawsuit Checklist

Austin Car Accident Lawyer Insurance Claim Resources
Accident Damages
Accident Injury Claim
Another Person Driving Claim
Bad Faith Insurance Claim
Car Accident Compensation
Car Accident Medical Bills
Car Accident Medical Restrictions
Car Accident Not Your Fault
Car Accident Occupational Rehab
Car Accident Passenger Claim
Car Accident Punitive Damages
Car Accident Settlement
Car Accident Sudden Medical Emergency
Car Insurance Claim Denial What Next
Car Insurance Liability Limit
Car Insurance Premium
Car Insurance Settlement Offer Too Low
Claim Exceeds Policy Limits
Claim on Behalf of a Minor
Compensation Damage to Car
Future Medical Bills
ICU Insurance Claims
Insurance Claim Totaled Car
Life Care Planner
Loss of Companionship Claim
Loss of Use Claim
Lost Wages Claim From Car Accident
No Health Insurance in Car Accident
Ongoing Medical Care After Car Accident
Sue for My Child
Total Loss Claim
Underinsured Motorist Claim
Uninsured Motorist Claim
Wrongful Death Claim

Attorney Reshard AlexanderBig Rig Bull Texas Truck Accident Lawyer represents clients in all Texas counties, including: Anderson, Andrews, Angelina, Aransas, Archer, Armstrong, Atascosa, Austin, Bailey, Bandera, Bastrop, Baylor, Bee, Bell, Bexar, Blanco, Borden, Bosque, Bowie, Brazoria, Brazos, Brewster, Briscoe, Brooks, Brown, Burleson, Burnet, Caldwell, Calhoun, Callahan, Cameron, Camp, Carson, Cass, Castro, Chambers, Cherokee,Childress, Clay, Cochran, Coke, Coleman, Collin, Collingsworth, Colorado, Comal, Comanche, Concho, Cooke, Coryell, Cottle, Crane, Crockett, Crosby, Culberson, Dallam, Dallas, Dawson, Deaf Smith, Delta, Denton, DeWitt, Dickens, Dimmit, Donley, Duval, Eastland, Ector, Edwards, El Paso, Ellis, Erath, Falls, Fannin, Fayette, Fisher, Floyd, Foard, Fort Bend, Franklin, Freestone, Frio, Gaines, Galveston, Garza, Gillespie, Glasscock, Goliad, Gonzales, Gray, Grayson, Gregg, Grimes, Guadalupe, Hale, Hall, Hamilton, Hansford, Hardeman, Hardin, Harris, Harrison, Hartley, Haskell, Hays, Hemphill, Henderson, Hidalgo, Hill, Hockley, Hood, Hopkins, Houston, Howard, Hudspeth, Hunt, Hutchinson, Irion, Jack, Jackson, Jasper, Jeff Davis, Jefferson, Jim Hogg, Jim Wells, Johnson, Jones, Karnes, Kaufman, Kendall, Kenedy, Kent, Kerr, Kimble, King, Kinney, Kleberg, Knox, La Salle, Lamar, Lamb, Lampasas, Lavaca, Lee, Leon, Liberty, Limestone, Lipscomb, Live Oak, Llano, Loving, Lubbock, Lynn, Madison, Marion, Martin, Mason, Matagorda, Maverick, McCulloch, McLennan, McMullen, Medina, Menard, Milam, Mills, Mitchell, Montague, Montgomery, Moore, Morris, Motley, Nacogdoches, Navarro, Newton, Nolan, Nueces, Ochiltree, Oldham, Orange, Palo Pinto, Panola, Parker, Parmer, Pecos, Polk, Potter, Presidio, Rains, Randall, Reagan, Real, Red River, Reeves, Refugio, Roberts, Robertson, Rockwall, Runnels, Rusk, Sabine, San Augustine, San Jacinto, San Patricio, San Saba, Schleicher, Scurry, Shackelford, Shelby, Sherman, Smith, Somervell, Starr, Stephens, Sterling, Stonewall, Sutton, Swisher, Tarrant, Taylor, Terrell, Terry, Throckmorton, Titus, Tom Green, Travis, Trinity, Tyler, Upshur, Upton, Uvalde, Val Verde, Van Zandt, Victoria, Walker, Waller, Ward, Washington, Webb, Wharton, Wheeler, Wichita, Wilbarger, Willacy, Williamson, Wilson, Winkler, Wise, Wood, Yoakum, Young, Zapata, and Zavala counties; and all Texas cities, including: Austin, Bastrop, Cedar Creek, Kyle, Buda, Driftwood, Wimberley, Lockhart, San Marcos, New Braunfels, Blanco, Dripping Springs, Spicewood, Jonestown, Pflugerville, Round Rock, Andice, Georgetown, Walburg, Cedar Park, Leander, Liberty Hill, Lago Vista, Marble Falls, Kingsland, Coupland, Hutto, Taylor, Thrall, Lexington, Rockdale, Manor, Elgin, Smithville.