legal matters feature motor vehicle accident
I was rear-ended while driving and now can’t work due to my injuries. However, the other driver was very nice and didn’t seem wealthy, so I’m concerned about making a claim against them. What should I do?
The vast majority of Ontario automobiles have at least $1 million in third party liability insurance to protect against the claims of people they injure in the event of an accident. Many drivers have even higher insurance limits. The vast majority of claims in Ontario also settle within the limits of the at-fault driver’s insurance policy, long before trial.
Often, the only inconvenience the at-fault driver experiences in a lawsuit is the necessity to attend an Examination for Discovery to answer questions about what occurred in the collision.
In all likelihood, the only person you are helping by failing to bring a claim are the shareholders and executive officers of a large multi-million (or billion) dollar insurance company. By failing to make a claim which has merit, you are simply enriching them by allowing them to not pay out on the very risk that they insured the other driver against.
Despite their repeated denials, most Ontario automobile insurers are already very profitable and don’t require your help. You should contact a lawyer who specializes in these types of cases as soon as possible to ensure your legal rights are protected.