How Will Insurance Policy Limits Impact My Personal Injury Case?

Wisconsin law requires that vehicle owners maintain a minimum level of automobile insurance, including the following liability coverage:

  • $25,000 for injury or death of one person
  • $50,000 for injury or death of two or more people
  • $10,000 for property damage

Some drivers opt to pay for additional coverage that will help protect them in the event of a major accident. Wisconsin law also requires motorists to maintain a certain level of uninsured/underinsured motorist coverage.

Every insurance policy has its limits, and in some cases, the damages resulting from an accident can exceed those limits. For example, if a serious car accident causes severe injuries and permanent disabilities to more than one person, and the driver who was negligent in causing the accident maintains only the minimum amount of automobile liability insurance, medical expenses and other damages may very well exhaust policy limits. Even if the accident only results in injuries to one person, a single surgery can easily push the amount of medical bills over the limits of a minimum lability insurance policy.

Fortunately, injury victims may have some recourse to have the remainder of their medical bills and expenses paid. Some level of uninsured/underinsured motorist insurance is required by Wisconsin law for all drivers. This type of coverage can help compensate you for your damages when the responsible driver has insufficient or no insurance to pay for all of your losses.

Additionally, if the driver at fault owns more than one vehicle, up to a maximum of three vehicles, the injured party can stack the available policy limits on each vehicle. Even at a level of minimum liability insurance policy limit of $25,000, a driver at fault who owns three vehicles can offer triple the coverage that would be available to a driver at fault who owns only one vehicle, or $75,000.

Boller & Vaughan are experienced Madison personal injury lawyers who know Wisconsin law and know how to effectively represent your interests in any personal injury claim stemming from a traffic accident, whether it involves a motorcycle, semi-truck, or a passenger vehicle, or another type of incident altogether. Contact our office today and learn how our attorneys can help ensure that you receive the compensation in your case to which you are entitled.