When you have been injured because of someone else’s actions filing a lawsuit is the best response. However, what if the person you are filing against has no insurance? Is it worth it? This article will discuss whether or not it is worth filing a lawsuit against someone without insurance.
The whole point of a personal injury lawsuit is to be able to receive compensation for the losses you suffered. Therefore, a key issue is if the person you’re suing will be able to pay any award if you win. If the defendant is not a company or wealthy the only other way they to pay is through insurance.
Is It Worth It?
When you file a lawsuit, it requires the input of yourself as well as a lawyer. The litigation process can be stressful. Therefore, if the person you are suing does not have the money, insurance or assets, is it worth it? One main reason for filing a lawsuit is out of principle or to punish the individual. However, a lawsuit can be brutal to both parties and is quite expensive even for the plaintiff. It must be noted that no matter how good a personal injury case may be; it’s worthless with no money. Even in instances where the insurance is limited, it may not be worth the effort of a personal injury claim.
It must be noted though that because the majority of personal injuries come from vehicle accidents; most states require vehicle owners to have car insurance. As a result, this allows an injured person to receive compensation through the insurance policy of the person at fault. Therefore, the plaintiff receives compensation directly from the defendant’s insurance company.
However, where the plaintiff doesn’t carry insurance, have assets or a source of money it’s simply not worth the lawsuit. Get legal advice on your personal injury case from the Vinson Law Office.