Just 43% of people involved in car accidents end up hurt. Those who have been in a car accident sometimes incorrectly assume that only physical harm can result in financial compensation. They accept insurance reimbursements that don’t even come close to covering the cost of repairs and give up hope. Of course, that’s not the case. The simple answer is yes, you can sue for an automobile accident even if you weren’t wounded. Click here to know more about your legal rights.
I don’t see why I should file a lawsuit if I am not injured.
It shouldn’t be a shock to learn that auto insurers typically don’t have their customers’ best interests at heart. The greatest way for most insurance companies to make money is to collect monthly premiums from customers and then use those funds to dispute legitimate claims. The average person doesn’t have the time or knowledge to pursue an appeal. If you’ve been in a car accident but are otherwise healthy, you should know that you have the legal right to seek compensation for property damage through a lawsuit and that you should hire an experienced attorney to represent your interests in court.
Insurance companies will hunt for any way to avoid paying out claims, so initiating a lawsuit to recover damages may be your only option.
Explaining Insurance Coverage
It’s important to note that the minimum quantity of insurance coverage mandated by law differs from state to state. For instance, here in the Hoosier State of Indiana, these are the bare minimums for insurance coverage:
Personal injury payouts of $25,000 are the maximum allowed (there may be multiple injuries)
The per-accident bodily injury maximum is $50,000. (this is the coverage for all injuries combined)
The per-accident property damage cap is $25,000.
But here’s the rub: Multiple injuries are common among those hurt in automobile accidents. The total cost of urgent care visits, rehabilitation, and hospital stays will easily exceed the $50,000 limit.
The cost of repairs could be significant even if no one is hurt. Frame damage can cost up to $10,000, and repairing the airbag alone can cost up to $1,500. What’s more, pricing doesn’t account for the extensive paint and bodywork that will be added.
In cases where the repair cost exceeds the vehicle’s value, insurance companies will “total” the vehicle and pay the policyholder the agreed-upon amount. If you still have auto payments or need a new car, that won’t get you very far.