The majority of accidents or incidents result in insurance claims being filed. Insurance policies are essential, as they are a great way to protect everyone. Whether you are the victim seeking relief for injuries sustained and reimbursement for out-of-pocket expenses or the person liable for those injuries, insurance policies come in handy and provide financial security to all involved. If you or your loved ones have been involved in an accident or incident that caused you injuries, contact Colombo Law today for a risk-free initial consultation. When you meet with one of our experienced attorneys, you will have a better understanding of whether you have a valid claim for relief, and we will help determine the strategy to use to obtain the highest probability of success.
There are Limits to Insurance Policies
When signing up for an insurance policy, the majority of individuals are concerned mostly about the costs associated with obtaining insurance. Many times, insurance agents provide you with cost figures and a variety of dollar figures on the policy. These dollar figures are the policy limitations, which identifies the maximum payout amount.
In the event of an accident or incident involving a vehicle or a home, individuals rely on insurance policies to pay out a claim. However, many do not understand how insurance works. Insurance companies will only issue the maximum payout amount regardless of whether the victims require more monetary compensation to be placed back in the financial position they were in prior to the accident.
You May be Entitled to More Relief
While insurance policies may only make partial payout of the overall damages obtained, you may still be able to make a claim for additional relief. Although there is no doubt that filing a claim against an insurance company is an easier way to relief, a cap on compensation does not mean that you are not entitled to all of your damages sustained. Individuals may be held personally liable to compensate you for any damages sustained beyond the payout of the insurance company. Before attempting to hold individuals personally liable for the damages they caused, you should speak with an attorney to allow careful consideration regarding the resources those individuals have available.
About Colombo Law
The Colombo Law firm is located in Morgantown, West Virginia. Our attorneys are experienced personal injury lawyers who successfully handle hundreds of personal injury claims each year, obtaining justice and monetary relief for our clients. We keep our clients informed, letting them know what is involved and what is happening and what to expect every step of the way.
Colombo Law assists clients located in and around West Virginia including in Morgantown, Fairmont, Clarksburg, Bridgeport, Kingwood, Grafton, Weston, Philippi, Buckhannon, Elkins, Parkersburg, Monongalia, Marian, Harrison, Preston, Taylor, and Lewis county. If you have been injured in an accident or incident but are unsure of whether you have a personal injury claim, contact Colombo Law today for a risk-free initial consultation to get you or your loved one the assistance you deserve.