June 24, 2012

What is a lawsuit threshold in New Jersey?

Many of our clients who contact our New Jersey personal injury law firm, are not sure whether or not they selected a lawsuit threshold on their car insurance policy. In New Jersey everyone that insures their vehicles must make a selection on whether or not they want a lawsuit threshold (formerly known as a verbal threshold) or a no limitation threshold policy( in the past called a zero or no threshold policy). This decision is very important and needs to be analyzed before making the selection. When you select the limitation lawsuit you have significantly restricted your rights to sue by saving some money on your policy. On the other hand the no limitation lawsuit or no threshold does not restrict your rights at all. When selecting your insurance please make sure you are aware of the implications of your decision which will not only effect you and your spouse if your married but also your children who live in your household. At the Todd J. Leonard Law Firm, we urge all of our clients to select the no limitation threshold. While its true you will pay some more premiums, if you are hurt in an accident you will not have to worry about meeting the lawsuit threshold.

For over 25 years the Todd J. Leonard Law Firm has been protecting the rights of the seriously injured and their families in New Jersey on all types of serious personal injuries and wrongful death claims such as car accidents, truck accidents, motorcylce accidents, bicycle accidents, boating accidents, product defects, swimming pool accidents, pedestrian accidents, road defects, sex abuse claims, nursing home neglect, medical malpractice, premises liability, inadequate security, slip and fall accidents, construction accidents, and other types of personal injury claims. Our New Jersey personal injury law firm has offices conveniently located in Morristown, Denville and Newark, New Jersey. Please call our team of personal injury trial lawyers now for a free confidential consultation at (973) 920-7900 or contact us on the web. There is no fee unless there is a recovery.

Mr. Leonard’s law firm constantly kept in touch

and on top of my problems. They were quick to respond to my legal needs and were very attentive and showed real concern to my issues. I highly recommend them to anyone needing legal representation.

- Leslie W.
He was relentless

until the case was fully settled and all was in our favor. Thank you so much. We highly recommend his office to anyone.

- E. and M.
I highly recommend using this law firm.

My lawyer Paul Paravati was always available there for me and gave me first rate service.

- Richard B.
Todd Leonard and his staff made me feel like family.

Trust me, he will take you into his hands and take care of all your personal injury legal matters. They are friendly, professional, and go out all the way for you. Thank you Todd Leonard and staff.

- Frank O.
You are the most amazing person

and I am indebted to you forever!

- P.S.
Todd and his staff were courteous and caring about my personal well-being.

They were knowledgeable and settled my case in an expedited manner. I really felt they were on my side the whole way. Thank you Todd and staff for excellent treatment!

- B.H.
The Leonard Law Firm is truly amazing.

They go above and beyond to make sure you get what you deserve.

- Gina V.