If You've Been Injured, You Need Strong RepresentationCall Paige J. Donnelly, Ltd.

If You've Been Injured, You Need Strong Representation Call Paige J. Donnelly, Ltd.

How an at-fault driver’s umbrella policy can help their victims

On Behalf of | Jul 14, 2022 | Motorcycle Accidents

Serious car crashes can cause catastrophic injuries that can result in hundreds of thousands of dollars or more in medical expenses. Sometimes, a crash victim needs care and treatment for months, years or even the rest of their lives. They may be unable to continue working and need medical equipment as well as modifications to make their homes accessible for them.

Short of a fatal crash, this is a worst-case scenario, but it happens too often. What can compound an already-tragic situation is when an at-fault driver’s car insurance – even when they have the required coverage – isn’t enough to cover the costs. 

In these cases, victims can take legal action against them personally to get the compensation they need. An award or settlement can require an at-fault driver to sell their home and other assets. 

That’s why people with assets they want to protect may have an umbrella insurance policy. An umbrella policy, which is separate from their auto, home and other coverage, is intended to protect a person’s assets if they are liable for a serious injury or damages.

This can include:

  • Car, boat and other vehicle crashes
  • Injuries suffered on their property
  • Injuries caused by their children or pets

While an umbrella policy is intended to be a safety net for people so that one unfortunate or tragic event doesn’t cost them everything they own. However, for victims, it can mean that they get the compensation they need for expenses and damages without having to take the person who’s at fault to court. 

If you or a loved one has suffered serious injuries because of a reckless or negligent driver, it’s crucial to explore all potential sources of compensation. Having legal guidance is worthwhile to help get the money you need as you move forward.