Ensuring You Receive the Fair and Full Compensation You Deserve
If you have experienced a life-altering car accident in Lake of the Ozarks, it is crucial to seek reliable information from a trusted source. Instead of immediately engaging with insurance adjusters or searching for car accident attorneys in Lake of the Ozarks, we recommend utilizing our free toolkit. This comprehensive resource includes informative articles, blog posts, news updates, and frequently asked questions to assist you.
If you require further details, we have you covered! Obtain our complimentary book titled "The Lies Smart People Believe About Missouri Insurance Claims." This valuable resource reveals essential information about filing a claim following a car crash in Missouri—information that insurance companies prefer to keep concealed.
To discuss the specifics of your case, call Price & Randle today at (573) 240-8866.
Determining Liability Laws After a Car Accident in MO
Understanding liability laws after a car accident in Missouri is important for determining who is responsible for the damages and injuries. In Missouri, the state follows a "fault" system, which means that the at-fault party is responsible for compensating the victims.
Some key points to consider regarding liability laws after a car accident in Missouri includes:
Comparative Fault: Missouri follows the doctrine of comparative fault, which means that the amount of compensation a victim can receive may be reduced if they are partially at fault for the accident. If a court determines that the victim is 50% or more at fault, they may be barred from recovering any compensation.
Insurance Requirements: Missouri law requires all drivers to carry liability insurance coverage with minimum limits of $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $10,000 for property damage. These limits are the minimum required, but higher coverage is recommended.
Dealing with car accident liability laws can be complex. Consult with our Lake of the Ozarks car accident attorney who can evaluate your case!
Filing a Car Accident Claim After Receiving Insurance Payment in MO
In Missouri, it is generally possible to file a car accident claim even after receiving an insurance payment. However, it's important to understand the specific circumstances and limitations that may apply.
Insurance Settlement in MO
If you've already received an insurance payment, it means you have likely settled your claim with the insurance company. By accepting the payment, you typically release the at-fault party and their insurer from any further liability related to the accident. This means that you may not be able to pursue additional compensation from the same parties for the same accident.
Insurance Policy Limits
The insurance payment you received may be limited by the at-fault driver's insurance policy coverage. If your damages exceed the policy limits, you may consider pursuing a claim against the at-fault driver personally. However, this can be challenging as individuals may have limited personal assets to cover additional compensation.
Statute of Limitations for Car Accident Claims in MO
Missouri has a statute of limitations that sets a time limit for filing a car accident lawsuit. Generally, the statute of limitations for personal injury claims resulting from a car accident is five years from the date of the accident. However, the statute of limitations varies by the type of accident. For instance, the statute of limitations for a wrongful death case is generally 3 years. It's crucial to file a lawsuit within this timeframe to preserve your rights. If the statute of limitations has expired, you may lose your ability to pursue a claim. Contact an attorney from Price & Randle to discuss the specific statute of limitations for your case.
Unforeseen Damages After a Car Accident
In some cases, unforeseen damages or injuries may arise after the initial insurance settlement. If you discover new injuries or damages that were not accounted for in the original claim, you may be able to pursue additional compensation by reopening your claim or filing a new claim.
Legal Assistance for MO Car Accident Claims
Filing a car accident claim can be complex, especially after receiving an insurance payment. It is advisable to consult with a car accident attorney who can evaluate your case, review the insurance settlement, and advise you on the best course of action. They can help determine if there are grounds to reopen the claim or pursue further compensation.
Relieve the Burden After Injury
The moment your injury occurred, an unexpected battle was thrust upon you. It's a fight that no one should have to endure. Unfortunately, if you don't stand up for your rights, you may find yourself burdened with the costs of someone else's negligence.
You deserve better. You no longer have to lose sleep over deception, manipulation, or being taken advantage of. With the committed and assertive personal injury lawyers at Price & Randle on your side, you can trust that your perspective will be honestly represented. We will tirelessly work to secure fair compensation for your injuries, pain, and other losses.
Take the First Step with a Complimentary Consultation
Filing a lawsuit is never anyone's first choice. However, when your best interests are at stake, having a lawyer by your side can help prevent conflicts and expedite a just resolution.
Before making any life-altering decisions, obtain the answers and outcomes you need to rebuild your life following a car accident in Lake of the Ozarks. Reach out to our compassionate and skilled attorneys specializing in auto accidents today. We proudly serve Camden, Miller, Morgan, and Laclede counties, as well as the surrounding areas.
Contact our Lake of the Ozarks car accident lawyers now for a free consultation at (573) 240-8866.