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What Happens if Your Medical Bills from an Accident Exceed Your Policy Limits in Illinois?
Home » Car Accidents » What Happens if Your Medical Bills from an Accident Exceed Your Policy Limits in Illinois?

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Illinois law requires registered vehicle owners to carry a liability insurance policy that covers injuries to other people and damage to their property. The minimum amounts are $25,000 for the injury or death of one person, $50,000 for the injury or death of more than one person, and $20,000 for property damage.

However, given the cost of medical treatment and the severity of injuries possible in a catastrophic crash, you may find yourself with medical expenses that are much higher than the at-fault driver’s policy limits. If this happens, you may worry that you’ll have to cover those excess expenses on your own.

The good news is that you may have other options to recover compensation. An Illinois motor vehicle accident lawyer can review your options and help you determine the best path forward.

Seek Third-Party Compensation Through Another Policy

The at-fault driver’s liability insurance coverage may not be the only policy through which you can seek compensation. For example, they may have an umbrella policy to cover losses in excess of their policy limits, as well as those not covered by other policies.

Additionally, if the driver was operating their vehicle in a commercial capacity, their employer likely has an insurance policy that applies in your case. Businesses are generally more likely than individuals to carry umbrella policies for situations of this type.

Use Your Own Insurance

You may also have coverage of your own that you can access following an accident. For example, if your auto insurance includes coverage for underinsured motorists, this may be another potential source of compensation. Your health insurance policy may also cover injuries sustained in a car accident. Your car accident attorney can review your policies to determine precisely what coverage you have.

Pursue Compensation Through a Personal Injury Lawsuit

If the at-fault driver’s insurance policy limit is less than the amount of your medical bills and other coverage is non-existent or insufficient, you may also be able to pursue compensation by filing a lawsuit against the other driver. This is an involved process, but if your motor vehicle accident lawyer has already prepared for negotiations with the other driver’s insurance company, they’ve also prepared for the possibility of going to court.

Illinois’ statute of limitations on personal injury lawsuits allows an injured person two years from the injury date to file a lawsuit against the at-fault driver. This may sound like a lot of time, but these cases take time to prepare, and access to evidence becomes increasingly difficult as time passes. It’s in your best interest to contact a car accident lawyer as soon as possible to review your options.

Contact an Illinois Car Accident Attorney Today

If you suffered injuries in a car accident due to another driver’s negligence, you deserve to recover full and fair compensation for your injuries and other losses. The attorneys at Bonifield & Rosenstengel, P.C., have helped Illinois accident injury victims for over 45 years and can bring substantial experience and resources to your case. Contact us today to learn more about your possible options for compensation in a free consultation.