Can My Car Accident Settlement Exceed the At-Fault Driver’s Insurance Coverage?
At the Mancini Law Group P.C., our car accident attorneys in Chicago know that many vehicle collisions can result in severe, debilitating injuries that lead to overwhelming medical debt and lost income.
When this happens, it is vital to retain a skilled Cook County car accident attorney who can explain your rights and legal options for pursuing the at-fault driver’s insurance coverage and the compensation you may be entitled to for your car accident injuries.
The challenge many victims face is this: what happens when you suffer permanent injuries and your expenses exceed the negligent driver’s insurance limits? In many cases, your car accident settlement may still exceed the available insurance coverage — and we can help you understand how.
At Mancini Law Group P.C., we believe in Maximum Justice. Maximum Results.
What Is the Minimum Passenger Vehicle Insurance Requirement in Chicago, Illinois?
Under Illinois car insurance laws, the minimum passenger vehicle insurance requirements include:
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$20,000 in property damage liability
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$25,000 per person for bodily injury
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$50,000 per accident for bodily injury
Some drivers carry additional insurance coverage, while others do not. When an accident victim’s injury-related expenses exceed the at-fault driver’s insurance coverage, other legal and financial options may be available to help cover the remaining losses.
What Happens If My Injury Expenses Are More Than the Driver’s Insurance Coverage?
Our experienced car accident lawyers in Chicago conduct thorough investigations to identify all available sources of compensation when your injuries exceed the insurance policy limits.
These options may include:
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Pursuing an umbrella insurance policy, often available when a driver was operating a vehicle for business purposes
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Filing a lawsuit to pursue the at-fault driver personally for unpaid damages
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Identifying and suing other liable parties when multiple drivers or entities contributed to the accident
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Exploring additional insurance coverage that may apply to your claim
Our Chicago car accident attorney will evaluate every possible source of recovery and explain your options, starting with a free consultation.
Contact Our Car Accident Lawyers in Chicago for a Free Consultation
If you were injured in a car accident caused by negligence, or have tragically lost a loved one in a fatal car accident, contact our Chicago personal injury attorneys today at 773-745-1909 or online to schedule a free, confidential case evaluation.
We will answer your questions and help you understand whether your car accident settlement can exceed the at-fault driver’s insurance coverage.
