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

If the other party in an accident does not have enough insurance to cover the full extent of damages caused by the accident, the individual may be personally liable for the remaining costs and damages. As such, it is important that all drivers in North Carolina have adequate insurance coverage. In North Carolina, motorists are required to carry a minimum amount of liability insurance. This coverage pays for the expenses associated with the damages and medical bills that result from an accident. If the other driver does not have enough insurance to fully cover the costs of the accident, then the driver may be personally responsible for the remaining costs. Those costs may include medical bills and property damage. In cases like this, injured parties can file a lawsuit against the driver who was not properly insured. If the driver does not have the necessary assets to pay the full amount, then the injured party may be unable to recover all of their losses. In order to ensure that all parties involved in an accident are adequately protected, it is important to purchase adequate insurance coverage. In this way, injured parties can rest assured that their losses will be covered, even if the other driver is underinsured or uninsured.

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

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