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

If the at-fault party does not have enough insurance to cover the damages you sustained in a bicycle accident in North Carolina, you may still be able to recover compensation. You may be able to hold the at-fault party individually responsible for your damages. North Carolina is an at-fault state. This means that the person or party responsible for causing the accident is financially liable for any losses resulting from the accident. If the other party has no insurance or insufficient coverage, you may be able to pursue a claim against the person’s assets. In some cases, an uninsured motorist policy may provide coverage. Uninsured motorist coverage is a form of insurance designed to cover damages you suffer as a result of an accident involving an uninsured driver. In North Carolina, companies are required to offer uninsured and underinsured motorist coverage to their policyholders. If you have this coverage, it could pay a portion of what you are owed up to the limit of your policy. If you are unable to secure compensation from the at-fault party or your uninsured motorist coverage, you may be able to pursue a personal injury lawsuit. You could seek damages for your medical expenses, lost wages, and any other out-of-pocket expenses associated with the accident. An experienced personal injury lawyer can help you navigate the legal process and understand your available options.

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

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