When you experience a motor vehicle collision, there could be major consequences. You might need to repair your vehicle or even buy a new one if the damage is enough to make it unsafe to drive. You may require emergency medical care and even need time off of work because of your injuries.
Coverings those costs yourself could be a major financial hardship, and one you shouldn’t have to suffer when you are not the one at fault for the collision. Every driver in Nevada is subject to state law mandating insurance coverage.
People have to have a liability policy on their vehicles to legally drive. When you get hurt in a car crash, you may realize afterward that the insurance won’t be enough to pay for all of your costs.
Nevada requires basic liability coverage
If a driver causes a car crash, they can hurt someone else and cause property damage worth tens of thousands of dollars. Carrying liability insurance protects drivers from the expenses caused by major collisions and reimburses those affected by the crash.
When you are at fault for a crash, your policy reimburses the other parties involved. When another driver is to blame, their policy pays your bills. If you suffer serious injuries or need to completely replace your vehicle, the insurance coverage required by the state might not be enough. Nevada requires $20,000 worth of property damage liability coverage and $25,000 worth of bodily injury liability coverage. When a crash hurts two or more people, the coverage for bodily injury liability increases to $50,000.
What will insurance actually cover?
Many drivers carry more than the minimum, but the insurance company will also try to reduce how much they pay on the claim. How much you ultimately receive will be a reflection of what protection the driver invested in and how much coverage you paid for as well.
Being out of work for a year or longer or requiring surgery and a hospital stay could mean that you have tens of thousands of dollars in financial costs that automotive insurance will not cover. Some drivers have protection on their own policy for crashes with underinsured drivers. If you don’t have that extra coverage, you may need to take the driver at fault for the crash.
Understanding what compensation is available through motor vehicle insurance can help you get the reimbursement you need after a car crash.