One of the most vital pieces of information pertains to the defendant’s liability limit tracing. Below we define liability limit tracing, its benefits, and how Fund Capital America serves law firms with accessing this information.
Liability limit tracing is an insurance research service that is able to access the insurance policy of the defendant. This information provides a clear picture of how much the defendant’s insurance is able to cover.
Liability limit tracing provides attorneys and their clients a deeper understanding of the potential obstacles or benefits they will gain from pursuing a claim. A lawyer who fails to investigate the liability limits of the opponent will not know what they are up against and may be completely blindsided. The benefits of liability limit tracing are as follows:
Liability limit tracing will uncover the financial aspects of the insurance policy. An attorney must have full knowledge of the potential risks prior to taking on a case. The information uncovered through liability limit tracing will show if the potential payout of a claim will be worth the hard work of pursuing it through litigation. Ultimately, the lawyer will be able to make an informed decision on whether to take on a case.
The information provided by liability limit tracing also helps determine the value of the case. How much coverage does the defendant’s insurance carry? What can I legally demand? These are the types of questions that will be answered with liability limit tracing. It will help the attorney know the exact amount they can demand before sitting down to negotiate the settlement.
When personal injury cases are involved, medical treatment is necessary. Insurance liability limit tracing will provide detailed information on the medical coverage the plaintiff will be due. Medical providers will be able to develop treatment plans that are compatible with the provided coverage. This is important because if the treatment plan costs more than the provided coverage, the remaining expenses will fall on to the client. This will create unneeded stress and out-of-pocket expenses.
Fund Capital America is equipped with state-of-the-art information sources and skilled insurance experts who are able to investigate and trace the limits of liability policies. Our professional staff will provide you with the information you need to build a strong case. We offer a fast turnaround time and case updates on our portal. Our services include detailed tracing for the following:
Determine whether a defendant has an insurance policy or not. The case will require a different legal approach without an existing insurance policy.
Determine what the defendant’s policy will cover and where liability is limited. This will save time and money on discovery and court proceedings.
Sometimes the restitution required for the damages caused is beyond the primary liability limits. Information pertaining to the umbrella policy will indicate the extra coverage that your client may have access to in this instance.
When partnering with Fund Capital America for liability limit tracing services, you will have access to thorough and detailed reports required for your client’s case. We provide liability limit tracing services for the following types of insurance policies:
The information our experts locate will be provided in an encrypted, confidential report.
Our services are provided at no risk to you – service fees do not apply if we do not find any information.
This extensive insurance research requires a lot of time, effort, and a skilled eye to understand what information is required from an insurance policy. Fund Capital America offers a simple insurance research solution that will provide you with all the relevant information. Contact Fund Capital America today to learn about the service packages available to you.
"*" indicates required fields