If your medical bills exceed policy limits, you might be able to seek compensation from other at–fault parties or apply underinsured motorist coverage—if it’s available.
Suppose the total balance of your bills exceeds the limits of the at-fault party’s insurance policy. In that case, you might wonder how you’ll manage to cover the gap, and that’s where a Charlotte personal injury lawyer comes into the picture.
Your attorney will know how to investigate your case, gather relevant evidence, negotiate with insurance companies, and prepare your claims for court if litigation is necessary. Before you hire legal counsel, let’s take a look at more information you should know if you’re in this situation.
What Are Policy Limits and How Do They Work?
Insurance policies often include maximum coverage amounts, which are known as policy limits. These limits dictate the extent to which an insurance company will pay for damages such as medical bills, damaged property, and liability claims.
For example, if the at-fault party’s insurance policy covers up to $100,000 in bodily injury per person and $300,000 per accident, the insurance company is likely not willing to pay more than that.
This limit is usually applied regardless of the costs that you incur. As a result, if your medical expenses exceed your policy limits, the remainder of the bills will unfortunately become your responsibility—which begs the question, “Can a lawyer help lower your medical bills?”
For a free legal consultation, call (877) 333-1000
Options You Might Be Able to Pursue if Your Medical Bills Exceed Policy Limits
If you don’t have health insurance, it can be stressful to think about how you’ll manage to pay for the medical treatment you need after getting into an accident. However, there are options.
Looking Into Personal Injury Protection (PIP) or MedPay Coverage
You might be able to rely on PIP or MedPay coverage to pay for your medical expenses if you have either as part of your insurance policy. They can usually be applied to your bills regardless of who was at fault, though policy limits apply here as well.
Filing a Claim Against Your Own Insurance
In some cases, your own insurance policy might offer additional protection. For instance, uninsured/underinsured motorist (UM/UIM) coverage can help cover the gap when the at-fault party’s insurance isn’t enough.
This type of coverage is often optional, though it’s highly recommended for situations like these.
Pursuing a Lawsuit Against the At-Fault Party
When insurance limits are inadequate, you may be able to file a personal injury lawsuit against the at-fault party directly. However, this route is only viable if the individual has personal assets or income that could satisfy a judgment.
Exploring Third-Party Liability
If someone else’s negligence contributed to the accident—such as a poorly maintained road or a defective vehicle part—you may have grounds to file a claim against a third party. This option requires proving liability, but a lawyer with experience handling personal injury cases can help.
This option also provides additional avenues for recovering compensation beyond the at-fault driver’s policy limits.
Can I Recover Non-Economic Damages to Offset My Medical Expenses?
Yes—non-economic damages, like pain and suffering, are often recoverable in personal injury claims. These damages account for the physical and emotional toll that your injuries have taken on your life.
While these damages won’t directly offset your medical bills, they can increase the overall value of your claim. In turn, they can help you cover all your expenses. Pain and suffering damages are calculated based on two main factors, among others:
- The severity of your injuries
- The impact on your daily life
Click to contact our personal injury lawyers today
How Can I Protect My Financial Health While the Lawsuit or Settlement Is Pending?
We recommend staying as proactive as possible when it comes to managing your medical bills. Keep detailed records of all your healthcare-related expenses, including the prices of treatment, receipts for prescription medications, and the costs of traveling to appointments.
Maintain an open line of communication with your medical providers, and let them know that you are still figuring out your financial situation. That way, they can inform you of all available payment options. Your attorney can help you have these conversations as well.
Complete a Free Case Evaluation form now
How a Lawyer Can Help You if Your Medical Bills Exceed Policy Limits
Even though you have more information about what to do if your medical bills exceed policy limits, you might still feel hesitant or confused about how to proceed. Legal proceedings are very complicated, after all, especially when insurance companies are involved.
If an adjuster attempts to contact you, we strongly recommend that you speak with a lawyer first. Your attorney will protect your rights and negotiate with insurance companies on your behalf. That way, insurers won’t be able to trick you into accepting less than you deserve.
They can also answer questions such as, “Can I sue for more than the policy limit in North Carolina?” and give you legal advice based on the details of your case. With a lawyer by your side, you can rest assured that your interests are at the forefront of every decision.
Reach Out to a Charlotte Personal Injury Law Firm for Legal Representation
If you’re overwhelmed by your medical bills, it’s time to contact DeMayo Law Offices. At our law firm, we believe in putting People Over Profits™, which is why we work on a contingency basis. In other words, you won’t have to worry about paying us while we work on your case.
The sooner you call us, the sooner we can start helping you through this challenging time. From gathering evidence to filing claims, we also know how to negotiate with insurance companies who might be trying to take advantage of you. Our team is here to help.
Call or text (877) 333-1000 or complete a Free Case Evaluation form
