Did An Uninsured Or Underinsured Driver Cause Your Car Accident?

Did An Uninsured Or Underinsured Driver Cause Your Car Accident? – House | Blog | This shocking situation shows why everyone should be an uninsured driver and an uninsured driver.

The purpose of car insurance is to help pay for damages and injuries in the event of an accident. But unless you’ve been through it yourself, you don’t know how often you can leave an injured driver with big bucks, especially if someone else is at fault. The only correction is the uninsured motorist and the uninsured motorist.

Did An Uninsured Or Underinsured Driver Cause Your Car Accident?

Our law firm (Hipskind & McAnninch, LLC) recently conducted an in-depth study of our performance in 2018 and 2019. We wondered: How often does an uninsured driver’s coverage or uninsured driver’s coverage change the amount of Customer compensation? Do you get it in case of a car accident?

This Surprising Stat Shows Why Everyone Should Have Uninsured Motorist And Underinsured Motorist Coverage

When we break down the numbers, the result is significant: About 40% of all car accidents are uninsured or uninsured or could have been covered by insurance policies.

Plain English: 40% of our customers’ accidents are caused by people who do not have adequate insurance. It’s a big thing. Let’s say you are involved in an accident that causes serious injuries. For example, the cost of a car accident (medical bills, downtime, etc.) is $400,000. You win your decision, but the other party’s recommendation is bad. The insurance company only covers half of the total amount you win. How did you get the remaining $400,000? Perhaps no other group has anything like it.

However, if you are covered by an uninsured or uninsured motorist, your insurance will step in and reimburse you for the remaining amount. Without it, you will have to pay the remaining expenses out of your own pocket.

We have seen this type of insurance make such a difference to our customers’ lives that we thought we would provide an unbiased third party review of this insurance and how it has helped some of our customers receive compensation. need to move on with life after a car accident.

California Uninsured Motorist Accident Guide

In a typical car accident, the injured party’s insurance company pays the injured party for medical bills, car repairs, etc. who is responsible for If the at-fault driver has no insurance, there is no one to pay. . The same applies to hit-and-run incidents, because the culprit is unknown. Injured people can try to sue the other driver, but usually they are not left high and dry and have to pay everything themselves.

Uninsured motorist coverage steps to follow a claim when no other insurance company is available. In some states, this is in addition to your regular car insurance. Drivers should consider how they can pay their bills if they have an accident with an uninsured driver. Buying this extra storage space can be a good investment.

Some states require all drivers to carry a minimum amount of uninsured motorist coverage and automatically include it as part of all standard insurance policies. If the legal requirements are less, it is possible to increase the cover. Again, drivers should think about how a serious accident will affect their finances.

. It is important to understand your state’s laws and whether you are adequately protected in the event of a serious accident.

The Negligence Requirement In Uninsured Motorist Insurance Cases: Tennessee

. As mentioned above, 48 states require liability insurance for all drivers. But states recognize that not all residents can afford large insurance policies. Because of this, the profits are low, but so are the costs.

Take the example above, where a driver causes an accident but is insured for up to $200,000 for bodily injury. The other driver was seriously injured and required hospitalization, surgery and rehabilitation. Medical bills recently exceeded $400,000,000. Unfortunately, after paying $200,000 in insurance, the only recourse is to try to get it from another driver. And let’s be honest: in most cases, if they can only get minimum liability insurance, they can’t afford to pay more.

Uninsured motorist insurance can help pay for additional costs not covered by an at-fault policy. What the victim can do first from another driver’s insurance company. They can then contact their company to get the balance from the motorist’s insurance.

As an uninsured driver, some states require this, and it is included in collision policies with the same limit. But only 14 states have this requirement. Again, it is the driver’s responsibility to know what a car accident will look like. Adding or losing coverage to ensure you keep upkeep is a cost.

Uninsured Motorist Coverage: Florida Car Insurance 101

Hipskind & McAninch serves clients in both Missouri and Illinois, as both states have different laws regarding uninsured motorist coverage and uninsured motorist coverage.

The state of Illinois requires all drivers to have uninsured and impaired driver coverage. The coverage amount should be the same and should also match the liability insurance amount. Illinois requires minimum coverage of $25,000 for bodily injury or death of a victim and $50,000 for an accident, so these are typical amounts for UM and UIM.

Illinois allows individuals to request a minimum amount of UM or UIM insurance in writing. Drivers should be careful when choosing this option because they will be responsible for more costs in the event of an accident caused by an uninsured or underinsured driver.

Motor drive. Unfortunately, this leads to confusion and accident victims who think they are being cared for, but are not. Hipskind & McAninch recently represented a client in Missouri with a very generous UM policy but no UIM at all. This is a dangerous situation!

Don’t Let The Clock Run Out On Your Motor Vehicle Accident Injury Claim

Drivers who do not purchase UIM coverage end up being part of the uninsured driver statistics. They don’t realize how much a post-accident investment can help until they end up paying for their injuries. Missouri residents apply for UIM coverage.

Missouri has lower UM limits than Illinois ($25,000 per person / $50,000 per accident), but there is a significant difference. This allows you to cast. When an insurance policy covers more than one vehicle, the insured may

Limits on how much compensation you can receive. For example, if a family owns three vehicles under one policy and they all have a $25,000 uninsured motorist coverage limit, the injured driver could receive $75,000 in damages.

While coverage can be beneficial, drivers should remember that it is only involved in an accident with an uninsured driver unless they have purchased additional motor insurance coverage.

Stacked Vs. Unstacked Uninsured Motorist Coverage

The uninsured driver and auto insurance coverage can be confusing, especially since requirements and laws vary from state to state. It is a good idea for all drivers to check their state laws and insurance plans to find out how much coverage they have in the event of an accident. It may be time to “check in” with your insurance provider to see if you should consider additional coverage. Improper and uninsured coverage can often be found at very reasonable rates.

Hiring an attorney after a car accident is always a smart move. This is especially true if you are injured by an uninsured or reckless driver. You may have to work with not one, but two different insurance companies to seek compensation for your injuries. Experienced attorneys like Hipskind & McAninch know the ins and outs of insurance claims and will make sure you get the settlement you deserve.

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Uninsured & Underinsured Motorist Claims

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