What if the other party doesn’t have enough insurance?

If you are involved in an accident in Colorado where the other party does not have enough insurance, there are a few steps that you can take to ensure you are still compensated for any damages. First, you can try filing a claim with your own insurance company if you have uninsured motorist coverage, which would pay for any bodily injury or property damage caused by an uninsured driver. If you do not have uninsured motorist coverage, you can file a lawsuit against the other party to recover damages. In Colorado, the lawsuit must be filed within three years of the accident. It is also important to understand that if the other party does not have enough insurance to fully cover your damages, you may not be able to recover all of your losses. In Colorado, the other party can be held liable for only the amount of insurance they have. If the other party does not have enough insurance, you may be able to recover any additional costs with your own insurance company or by filing a lawsuit against the other party. If you have been involved in an accident where the other party does not have sufficient insurance, it is important to speak to an experienced accident attorney as soon as possible. An experienced accident attorney can help you understand your rights and the various options available to you to pursue a claim and maximize your possible compensation.

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What if the other party doesn’t have enough insurance?

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