Insurance and Covering Car Accidents

Among the most expensive situations that most people will ever face in their lives are car crashes.

Because a great deal of damage can be done to property and because many of the people involved may end up suffering injuries that cost them tremendously in terms of medical expenses, car crashes can end up financially crippling anybody involved in them. Insurance is the way that you provide yourself with some insulation against the tremendous risks that go along with being out on the highways. If you have the right policy, you can be certain that you'll be able to get roadside assistance when you need it and that your expenses will be covered.

Collision vs. liability.

Some people end up being very disappointed when they find out that they didn't have as much coverage as they thought they did after they've been involved in a car crashe. This usually happens when they confuse liability insurance with collision insurance. The basic concept of both types of insurance coverages are easy to understand. If you're involved in a car wreck and you hit another vehicle or someone else's property and destroy it, liability insurance is there to cover the damages. If you slip off of the road and slam into a phone poll, destroying your vehicle, liability insurance will not cover this, but collision insurance might. Understanding the difference can help you to avoid being disappointed in the coverage you have.

Comprehensive vs. collision.

Another situation where people get confused has to do with what collision insurance actually covers. Imagine that you're in a grocery store parking lot and, a small child, a bit too excited about using a shopping cart like a skateboard slams into the side of your vehicle, wrecking your expensive paint job. In all likelihood, collision and liability insurance are not going to step in to cover this. Comprehensive may cover this, however. If you have a very expensive vehicle, having comprehensive insurance is generally a good idea.
In some cases, the expenses that a car wreck ends up costing you may be far beyond what insurance companies can pay in compensation. If this is the case, contact a Dallas auto wreck lawyer. An attorney can sit down with you and determine whether or not you have the additional option of filing a lawsuit against the other driver for negligence. This may end up netting you a large settlement or jury award, if your case is successful.