Firefighters assist an accident victim on a stretcher near an overturned car on a road, while discussions about a possible settlement loom due to policy limits.

What Is a Policy Limits Settlement?

Accidents can happen anytime; when they do, the victim will probably suffer from physical, emotional, and financial damages. Particularly in a personal injury case, understanding policy limits is crucial as these cases often involve settlements that cover both economic and non-economic damages. It’s essential to be knowledgeable about your insurance policy limits, which affect how…