What if the at-fault party does not have enough insurance to cover my damages?

If the at-fault party in your bicycle accident does not have enough insurance to cover your damages, it is important to remember that New York does allow for a period of negotiations with the other party to come to an agreement on payment. This could involve the at-fault party either paying out of pocket or allowing you to sue for the amount not covered by insurance. Another option for obtaining compensation for injuries from a bicycle accident is to look into other sources of compensation. Some states have laws that cover uninsured and underinsured motorists, which could be helpful in your situation. You may also be eligible to receive compensation by filing a personal injury lawsuit against the at-fault party. It is important to note, however, that if the at-fault party does not have insurance or does not have enough insurance, it may be difficult to obtain satisfactory compensation. In addition to exploring other sources of compensation, it is important to contact a qualified bicycle accident attorney in New York immediately. An attorney can review your case and determine the best course of action to ensure that you receive the compensation you deserve. An attorney can also help you understand the complicated laws surrounding bicycle accidents and guide you through the process of recovering the damages you are owed.

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