All auto accident cases are different, and the outcomes vary, so it is difficult to determine how often these kinds of settlements exceed policy limits.
Whatever the case, you can count on our lawyers to pursue the compensation you need to recover physically, emotionally, and financially.
Your Needs Might Exceed the Other Driver’s Liability Policy Limits
All drivers in Nevada are required to purchase liability insurance should they be at fault for an accident. According to the Department of Motor Vehicles in Nevada (DMVNV), the minimum amount of mandated coverage is:
- $20,000 for property damage
- $25,000 for bodily injury per person
- $50,000 for bodily injury per accident
If this coverage (or however much the other party holds) is not sufficient for covering all of your injuries and damages, you can ask for a larger settlement, or you can file a lawsuit. Should you go with the latter option, NRS §11.190(4)(e) allows you two years to bring your case against the liable party. Make sure you comply with this strict deadline. Otherwise, the court will not hear your case.
For a free legal consultation, call (855) 605-2959
Our Firm Has Won Hundreds of Millions of Dollars for Clients
The severity of the car accident and the impact it’s had on your life will be taken into account when you are requesting your entitled settlement amount—no matter what the policy limits are.
With more than 60 years of combined experience, our car accident lawyers have won the following settlements awards for our clients:
- $9,000,000 for someone who suffered a neck injury
- $5,100,000 for someone who lost a limb
- $3,000,000 for a family who lost their loved one in the accident
- $1,748,000 for someone who suffered head injuries
- $575,000 for someone who suffered a leg injury
Possible Forms of Financial Recovery After a Car Accident
Your lawyer will review your case, assess your damages, and classify them into two forms: economic and non-economic.
These losses came with a price tag, which probably made your finances take a hit. Some of these include:
- Past lost wages: While you were away from work, you might have missed out on your hourly or salary wages. You could have even been forced to use your vacation days to rest and go to the doctor.
- Reduced earning capacity: You might be forced to quit your job and accept a lower-paying position since your injuries keep you from doing your previous work.
- Past and future medical bills: Depending on how serious your injuries were, you might have needed emergency care. In addition, your physician might require you to have regular check-ups and take medication if you have long-term injuries.
- Other related expenses: You might have to hire in-home assistance to help you with household chores and care for your family.
These losses are much more personal, as they reflect your physical and emotional condition following the accident. After looking at your economic damages and learning about your overall pain levels, your lawyer can quantify your non-economic damages.
Examples of these losses might be:
- Past and future pain and suffering: You might have lived an active, pain-free life before the accident and are forced to be more sedentary now.
- Past and future mental anguish: Traumatic car accidents can trigger mental and emotional turmoil, leading victims to suffer from anxiety, insomnia, or phobias.
- Disfigurement, disability, and scarring: Serious accidents can alter victims’ appearance and restrict their mobility for months or even years to come.
Wrongful Death Damages
If your loved one passed away from the accident, you could also recover damages on their behalf, including:
- Their funeral arrangement
- Their burial service
- Their medical bills
- Their pain and suffering
- Your loss of support, companionship, and consortium
Don’t think you are limited to only claiming what is listed here. After reviewing your case, your lawyer might find that you qualify for other damages.
We Can Get to Work on Your Case Right Away
When we first start working together, we will hear your case in a free consultation and answer any questions you have regarding the legal process. You will not be charged anything unless and until you receive compensation, as our car accident attorneys operate on a contingency-fee basis.
Between the first consultation and the final outcome, we can:
- Review the other party’s insurance policy limits
- Collect evidence to document your damages and prove the other party’s negligence
- Speak to the other party’s insurance and legal representative
- Negotiate for a settlement that compensates you
- Help you meet state deadlines
- Fight for you in trial, if your case comes to that
Whatever changes or progresses throughout your case, you can expect us to update you right away.
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Give the Attorneys at Bernstein & Poisson a Call Today
Whether or not your auto accident settlement will exceed the policy limits depends on your case. Still, whatever the case, our lawyers will pursue the compensation you are entitled to collect on your behalf. For a better idea of your legal options, call Bernstein & Poisson to speak to a team member today.