The best way to protect your assets involves taking steps before an accident. Ensuring you have sufficient personal injury protection (PIP) insurance protects you financially because your insurance can cover a settlement or judgment from a lawsuit. Car accident attorneys know Florida laws and understand how to limit your liability. That's why calling an expert car accident attorney is one of the first things you should do after an accident. Everyone's case is different because multiple variables could impact how much responsibility an at-fault party has for their accident. Comparative fault applies to car accident cases in Florida, meaning multiple parties can be considered at fault. Suppose you're in a car accident, and an accident investigation determined you were 65% responsible for the accident. In comparison, Party A was 35% responsible. Party A files a lawsuit against you. The maximum compensation the courts would award would be 65% of the compensation available. Your attorney will investigate your accident and use statements from witnesses, photos, video footage, and other evidence to reduce your liability. If your attorney establishes that another party shares fault for the accident, they can protect your assets by limiting the damages you could be liable to pay. You should also review your liability insurance policy to determine what damages your policy covers. Once you confirm which assets are protected and which could be seized, you can work with your attorney to determine how to protect vulnerable assets. This could involve filing a financial affidavit to demonstrate to the court that collecting the monetary judgment could cause severe financial difficulties.