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Decoding Policy Limits Settlements: Insights from The Clark Law Office, Personal Injury Attorney Advocating for Victims' Rights

Lansing, MI - The Clark Law Office is a leading personal injury law firm representing people, not insurance companies. Known for its commitment to excellence, the firm's attorneys bring extensive courtroom experience and a deep understanding of Michigan’s injury and negligence statutes, offering clients robust trial capabilities and legal insights.

 

Whether an individual has been in an auto accident, experienced medical malpractice, or broken a limb due to the negligence of a property owner, they suffer from financial, emotional, and physical damages that impact their movement and livelihood. The Clark Law Office Lansing emphasizes the necessity of understanding policy limits that cover economic and non-economic damages. 

 

A policy limit demand is a formal request issued to an insurance company to settle the maximum amount stated in their policy when the damages are near or exceed the coverage limit. The insurer then determines whether or not to comply, which may risk the insured being subjected to a jury verdict beyond the available insurance policy limit. 

 

Some of the most common types of policy limits include special, combined, per-person, per-occurrence, split, and aggregate limits. Since calculating policy limits is complicated, a trusted attorney examines the at-fault party’s auto liability policy, which sets the baseline bodily injury limits per accident, per person, aggregates, and more.

 

Injuries that exceed policy limits are paralysis (spinal cord injuries), arm/leg amputation, severe burns, traumatic brain injuries, or permanent injuries/impairments. The amount a victim can claim is unlikely to exceed policy limits if they recover within a few weeks or don’t need long-term inpatient care and support. 

 

Insurance companies often make unjust settlement offers so victims get less than the maximum policy coverage. Fortunately, a qualified personal injury attorney can send a policy demand letter stating the exact amount a victim is justifiably owed or file a bad faith claim if the insurance company unreasonably denies payment despite clear liability. 

 

Having an attorney can help when dealing with conflicts involving insurance policy limits. Their knowledge of Michigan statutes, contractual obligations, and regulations helps them assess a situation and defend clients’ legal rights in settlement or court. Clients form the heart of all operations at The Clark Law Office Lansing. The dedicated team gives victims the attention, compassion, and representation they deserve. Their approach has helped them build strong attorney-client relationships, leading to favorable outcomes.

 

Some of the verdicts and settlements the attorneys have obtained include a $5,500,000 medical negligence settlement for birth injury, a $4,750,000 truck accident settlement against the National Delivery Service in Eaton County, and more. 

 

About The Clark Law Office

The Clark Law Office is distinguished by its commitment to excellence. Its attorneys possess extensive courtroom experience and a deep understanding of Michigan's injury and negligence laws. This expertise equips the firm to provide clients with formidable trial capabilities and legal insights.

Media Contact

Name
The Clark Law Office
Contact name
Matthew R. Clark
Contact phone
(517) 575-8131
Contact address
910 W Ottawa St
City
Lansing
State
MI
Zip
48915
Country
United States
Url
https://theclarklawoffice.com/

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