Who Pays for Your Damages After an Arizona Car Accident?
Pursuing an Arizona personal injury claim is an important step towards protecting your legal rights and obtaining the compensation you need and deserve when you have been hit and injured in a crash that was not your fault. There are many outcomes that can happen after an Arizona injury accident. You may be able to negotiate a settlement with the at-fault party without filing a claim, you may pursue your claim and settle outside of court, or your claim may require going through the courts to determine the outcome.
It can be confusing and complex as to how you can get the most favorable outcome if you aren’t abreast of Arizona’s personal injury law. You may be unsure as to who is responsible for paying your settlement money. Working with a qualified Arizona serious injury attorney is a way that you can have your questions answered, have guidance for how to proceed, and fight on your behalf so your case is successful.
What Are The Options For Payment In An Arizona Personal Injury Claim?
There are three main ways that you can obtain the money you need to help you recover your costs and pay the expenses you incurred as a result of your accident. They include:
- You can sue the other driver’s insurance company for payment. This is one of the most common ways to secure money after an accident. The reason we carry insurance is just as the name indicates, it is to be a safety net should we find ourselves the liable party in an accident. Without insurance, drivers take the risk of having their finances devastated by the costs that the liable driver would be responsible to pay. Each insurance policy has its limits regarding the maximum amount it will pay. If your claim is above these caps, the insurance will only pay up to that cap and not beyond.
- The other driver who was at-fault for the accident may also have to pay up from their own personal assets. If you were awarded a claim that was above the limits of the policy that the other driver had, they may have to use their own personal funds to pay for the balance. The second way that the other driver may be directly liable to pay from their personal finances is if they did not have any insurance at all. If this is the case, the at-fault driver could go bankrupt paying for whatever expenses are included in the claim, but they still may not have enough assets to cover the full claim amount.
- The third way that you can obtain settlement money is through your own insurance coverage. If you have uninsured or underinsured motorist coverage, this could be a source that will cover the balance of what another driver’s insurance doesn’t pay for or the costs of being hit by an uninsured driver.
Where Can You Find An Arizona Motor Vehicle Accident Injury Attorney?
Arizona motor vehicle crashes are expensive, and if you were injured in a crash that was not your fault, you need to determine the funding sources where you can obtain compensation for your damages. The Arizona automobile accident injury attorneys at ELG only work with Arizona personal injury claims and we can help you obtain a fair outcome after your accident. Call the Phoenix personal injury attorneys at ELG today at (623) 877-3600 to schedule your free consultation.