According to the Ohio Department of Insurance, Ohio’s minimum coverage requirements for auto liability insurance are $25,000 per injured person and $50,000 for all people injured in one collision. For property damage a person must carry a minimum coverage of $25,000. When you consider that the initial hospital costs of spinal cord injury from a car collision is an estimated $140,000 and the average cost of a new car is over $30,000, it’s easy to see that many drivers in Ohio are not properly insured.
If you have been in a traffic accident and the liable party caused bodily injury or property damage, you should seek financial compensation. Even if the liable party is underinsured, you may be able to recover the full costs of the accident. Contact a Toledo car accident attorney at Groth & Associates to learn how we can help you.
THE COSTS OF A CAR COLLISION
Even if you are involved in a minor crash, the costs can add up. It is wise to assess the full financial damage and contact a lawyer about filing an insurance claim. If you are unsure whether or not you or your passengers have been injured in the crash, it is important to still seek medical care. Any doctor evaluations act as documentation of the injuries you sustained. Costs of a traffic collision include:
- Hospital and medical bills;
- Lost wages;
- Rehabilitation costs;
- Permanent disability;
- Diminished quality of life;
- Property damage; and
- Pain and suffering.
If a family member was killed in a car wreck, you can still seek compensation to cover funeral costs, loss of their future income, and loss of companionship. An experienced attorney can help you gather information to document how you were financially impacted.
DOCUMENTATION TO SAVE
It may not be advisable to file an insurance claim immediately. For instance, if you are still undergoing medical treatment the financial impact of the injuries may still be unknown. In the meantime, you need to ensure you are keeping records of all the costs you have incurred as a result of the crash:
- Medical bills;
- Physical therapy bills;
- Prescription drug bills;
- Car repair receipts; and
- Purchases made to replace other damaged property.
FILING A CLAIM THE LIABLE PARTY’S INSURANCE COMPANY
If the liable party is underinsured, their insurance company should pay out the full policy limits. If the damages were significantly more than the policy limits, the insurance company may be more willing to approve the claim. However, if the numbers are anywhere close to the policy limits, their insurance company will likely try to deny the claim for the policy limits and try to settle for less. An aggressive Ohio car accident lawyer can fight on your behalf for full compensation.
Filing a Claim With Your Own Insurance Company
If the liable party was underinsured and their policy limits were paid by their insurance company, or if they lacked any insurance, you will need to turn to your own insurance company. Insurance companies offer three types of coverage for these scenarios:
- Underinsured Motorist (UIM) coverage
- Uninsured Motorist (UM ) coverage
- Underinsured Motorist Property Damage (UMPD) coverage
You will not be able to get more coverage for underinsured or uninsured motorist than the amount of coverage you have for liability insurance. This means you cannot protect yourself more than you plan to protect other drivers in a crash you may cause. It is worth having a large liability policy so that you can be well protected by your own insurance company if you have been hit by a motorist who is not capable of paying for the damages caused.
WORDS FROM OUR CLIENTS
Our experience with Attorney Stevin Groth was nothing short of life changing.ALFRED & JENNIFER
When we first contacted Mr. Groth, he gave us his cell phone number and we were able to directly contact him day or night. His knowledge of the Ohio judicial system was astounding. He handled all aspects of our case himself, never once handing off our case to jr. associates. Stevin had positive relationships with all the judges, district attorneys and court personal that we came in contact with. Stevin’s persuasive arguments on our son’s behalf cleared him of all charges. Because of Stevin’s abilities, our son is able to move forward with his life without the stigma of a criminal record. We could not recommend Stevin Groth more highly.
Dan is an amazing attorney. He had my divorce finalized in a short period of time. A lot quicker than I thought it was going to be and for that I’m thankful! Dan knew exactly what he was talking about. Any questions I had Dan, and his assistant, Michelle was glad to answer. The outcome of my divorce was exactly what I was hoping for.LAURIE
Thank You Dan for your services!
Allison Lawrence is the best lawyer I have hired.she was attentive when I presented my case to her & knew exactly how to handle it.very professional person when it comes to her job,also a humanitarian.Allison has given me great advice in a free consultation,as well as stood by side in court with chargers pending,of course she got the charges dismissed!!Great attorney,very dependable.in need of a lawyer,I highly recommend Allison Lawrence.RONNIE
A POTENTIAL LAWSUIT AGAINST THE INDIVIDUAL
If the driver who hit you causes damages that exceed their auto policy and you do not have enough UIM or UM coverage, you may be able to file a lawsuit against this individual. This could make them personally responsible for paying the remaining damages from their assets.
This approach is extremely difficult. You will need an experienced lawyer by your side to help you through the legal process.
LEARN ABOUT OHIO MOTORIST LAWS WITH THE HELP OF AN ATTORNEY
Recovering from a car collision can be all-consuming. Whether you are trying to repair your car so that you have transportation, or you are in the hospital, you need to focus your attention on returning to your daily life.