When we think of a car accident, most of us exclusively imagine fatal collisions. However, there is another category of accidents that do not necessarily cause severe injuries or death.
Parking lot accidents also make up a significant proportion of accidents in Texas and other states. Consult a Houston Car Accident Attorney for legal representation or to learn more about parking lot accidents.
How do insurance companies pay for parking lot accidents? Are they treated like other, more severe auto collisions? Is there a difference in the damages? This article takes a closer look at these questions.
Do insurance companies compensate parking lot accidents?
Before looking at the payment details, it is important to understand whether insurance companies cover these cases. The answer is yes, insurance companies do cover auto collisions that occur in parking lots.
Parking lot accidents are like any other accident. Like in any other accident, it matters who is at fault or whether both parties are liable. Additionally, liability is a big challenge in parking lot accidents.
When does the insurance cover parking lot accident damages?
With the understanding that insurance companies pay for parking lot accidents, it is now essential to know the details. The insurance company of the driver at fault will be responsible for covering damages. If it was not your fault, the other driver’s insurance company will pay for medical costs, vehicle damage, lost wages, and lastly, pain and suffering.
The good news is that most parking lot accidents will not cause excessive damage as the impact is minimal. What could be most significant is the property damage. You are advised to assess the damage as the impact could be more severe than it looked.
What if I am the party at fault?
In the event that you are the at-fault party, your insurance will pay for damages. The other driver has the right to file a claim demanding compensation or similar damages. Additionally, your insurance company should also cover your damages. This includes collision damage, personal injury protection, and medical payment coverage.
If you sustained injuries, medical bills will be covered. Similarly, if your car needs repair, the company should cover everything. However, you may still be forced to pay for your medical expenses if you do not have personal injury coverage.
How to determine the at-fault party?
As discussed above, identifying the at-fault party plays a significant role in determining whose insurance covers the sustained damages. The companies will investigate and compile evidence by interviewing witnesses and assessing any damages. In some cases, both drivers may be liable for the accident.
Will the insurance always cover parking lot damages?
Insurance companies have an objective to make a profit, like any other organization. Therefore, they will not always gladly pay for claims. If they do, they will look for ways to underpay.
Consequently, it is advised that you work with a Car Accident Attorney to protect your rights and ensure you do not incur costs from medical bills or damages. Schedule an appointment online with Hussain Law & Associates, P.C., or call the offices at 713-987-7128.