When you are involved in an automobile accident, the first thing you usually want to know is whether the other party has liability insurance. This is one of the most important features of a personal injury accident because insurance companies are largely responsible for paying the damages incurred in a car crash.
Most individuals simply do not have the capital to pay the high costs associated with a car accident, including medical bills, lost wages, pain and suffering, and other expenses. Therefore, when someone has insurance, the victim often turns to the insurance company to pay these costs.