Jacksonville Automobile Accident Attorney
200 Valencia Drive
Jacksonville, NC 28546
Tel: (910) 219-7850
Fax: (910) 219-7851
The role of the insurance company
The Jacksonville automobile accident attorneys at Marcari, Russotto, Spencer & Balaban P.C. know those who have never been severely injured in a car wreck, or who have never lost a loved one from the wrongful actions of another driver, often wonder why they need an automobile accident lawyer. After all, they bought auto insurance, so that should take care of their accident losses, right?
Not necessarily. In fact, rarely is an auto insurance company able to help you recover fully. And never will your auto insurance company take you as far along the road to recovery as a Jacksonville car accident attorney can. The following answers to these common auto insurance misconceptions explain why.
Misconception #1 — I thought I had comprehensive insurance coverage
Many people wrongly assume that an auto insurance policy automatically includes comprehensive coverage for expenses incurred after an accident. But many of the types of coverage people assume are included in their policy are optional upgrades. For example, if you did not opt for rental car coverage, you may have hundreds or thousands of dollars in auto rental costs while you await a car repair or locate and buy a replacement vehicle. And if you did not buy it, your insurance company does not pay it.
Misconception #2 — I thought I had high enough coverage for North Carolina accidents
The North Carolina minimum requirement for bodily injury liability is $30,000 per person and $60,000 per accident, which is the amount most drivers choose. But for serious auto accident injuries, this is often far from adequate to cover your losses.
In fact, many drivers choose the minimum amounts of coverage in all types of auto insurance. Because underinsured and uninsured motorist, bodily injury, collision, and comprehensive coverage are not required in North Carolina, many end up with astronomical out-of-pocket costs from auto accidents in spite of their insurance. Similarly, many drivers gamble by choosing a high deductible, which saves them money in their monthly insurance premiums but leaves them with high liability if they end up in an accident and are seeking the help of a North Carolina car accident lawyer.
Misconception #3 — My insurance company is on my side
That is marketing hype and little more. Your insurance company is a for-profit corporation that answers first and foremost to its stockholders. With profitability as a prime goal, insurance companies position themselves as your friends because they want your money — your insurance premiums. But the less generous they are when it comes time to pay out benefits, the better they protect their profit margin.
Misconception #4 — Auto insurance covers all my losses
With the right level of coverage, you can expect an insurer to cover your property damage to your car and possibly the medical expenses resulting from your injury. But to recover other types of losses or damages — including lost present earnings, lost earning capacity, pain and suffering, harm to the depth of relationship with a loved one, a lost job from a long recovery — or to seek punitive damages, you must file a lawsuit against those who caused the accident.
Speak with our Jacksonville automobile accident lawyers
The Jacksonville automobile accident lawyers at Marcari, Russotto, Spencer & Balaban P.C. pick up where your insurance company leaves off, which is often far from full recovery. To fully recover your losses after an auto accident, call us today at (888) 351-1038 or contact us online to schedule a free consultation.