Can You Sue a Car Insurance Company for More Than the Policy Limits?

The policy limit is the limit given to you by your insurance company. It is the limit of the amount you will be paid in case you face any bodily injury or property damage in an accident. While insurance companies come up with a strict policy limit and never goes beyond that, there are still chances that you can get more compensation than the policy limits. In some cases, the question of suing insurance companies has risen for not compensating the claimant equal to the damaged they have faced just because the policy limit is lower than the amount payable. If you have just gotten into an accident where you have suffered from any injury or property damage, you can hire a traffic accident advice service to help you out with the procedure.

How Policy Limits Work

Policy limits work differently in cases of bodily injuries and property damage. If you have sustained injuries during the accident, your insurance limit will cover two types of compensation; single person’s injury compensation and the compensation for all the injuries sustained in a single accident lawyer.

For example, if your insurance has a 50% Coverage on £100.000, it means you will get £50,000 coverage in an accident. So, if you have sustained an injury that will cost you £10,000, you will easily get the amount because it comes under the £50,000 limit. However, auto insurance will work differently. Let’s say that your car faced damage worth £35,000 while the defendant’s vehicle also faced damage, but worth £20,000. You will not get the £5,000 extra because it will become more than the policy limit.

How You Can Get More Compensation Than the Limit

Although auto insurance claims get difficult, it is possible that you can sue for a higher policy limit through the following means.

Umbrella Policy

A person with an umbrella policy is directly entitled to receive compensation for any extra damage that has occurred beyond the range of the policy. Mostly truck driving agencies, corporate confidants, and bigger organizations possess umbrella policies with which they get luckier to get compensated fairly.

Bad Faith

Sometimes the insurance companies try to act in bad faith by completely denying any coverage. Most insurance companies deny compensation even when they know that it is valid to be approved. In this case, you can simply file a case against the company where the court will consider the damages more than the policy if your demand is valid.

Multiple Defendants

You can enjoy more claim than the limit from the insurance policies of different insurance policies if more than one person is liable for the damage. For example, if you were hit by the truck that was associated with a truck driving company, both the driver and the company will be liable to pay for your damages. You can get a complete £100,000 coverage if each person’s policy covers £50,000 limit.