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Uninsured/Underinsured Motorist Coverage can be a Financial Safety Net in Accidents Caused by Uninsured/Under-insured Drivers

Posted by on Mar 1, 2017 in Car Accidents | 0 comments

Drivers and car owners are required to show proof that they have auto liability insurance whenever they register their car and renew their driver’s license; besides these, carrying auto insurance will also save them from having their license and driving privileges suspended, and from being issued a traffic ticket for violation of the insurance law which exists in all U.S. state. However, if they get involved in a car accident which is the fault of another driver who happens to be uninsured, then they end up facing financial problems because the auto insurance coverage that they carry is not for their own sake (unless they reside in a “no-fault” state), but for the sake of the person/s they hurt in an accident.

The results of car accidents often include medical treatment and hospitalization, lost wages due to absence from work, and pain and suffering. To cover these cost and losses, a victim is legally allowed to claim compensation from the at-fault driver (this compensation is supposed to be paid by the at-fault driver’s insurance provider). However, if the liable driver is uninsured, then the victim has no other choice but to file a civil lawsuit against him/her for the purpose of seeking compensation (unless the at-fault driver makes an out-of-court settlement). Meanwhile, as the court case or settlement progresses, payment for all expenses resulting from the accident will have to come from the victim’s own pocket first.

With more than 29 million drivers who freely drive on US roads and highways without carrying insurance, however, filing a civil lawsuit against at-fault drivers is a common incidence. So many drivers who comply with the insurance law are being made to suffer more because of other’s non-compliance with this same law. However, instead of solving the issue by punishing only the guilty and making them pay for the damages they have caused, aside from making sure that they purchase insurance coverage, the solution is passed back to law abiding citizens – by requiring them to get additional insurance coverage, namely, the Uninsured Motorist (UM) coverage and Underinsured Motorist (UIM) coverage.

Uninsured motorist coverage is designed to pay for all economic losses and damages suffered by victims of accidents that are blamable on uninsured drivers; this coverage can serves as a financial safety net in accidents involving stolen vehicles or hit-and-run accidents. Underinsured motorist coverage, on the other hand, is designed to supplement any insufficiency in the policy limit of the driver at fault. A policy may be insufficient to cover all damages if it amounts only to the minimum liability coverage required by a state.

The law firm Mazin & Associates, PC, says that a car accident can most likely result to a grave injury, permanent disability or death for drivers and their passengers, bystanders, motorcyclists, and cyclists. Often, however, despite the obvious harm suffered by victims, at-fault drivers and even auto insurance firms finds ways that will save them from paying victims the amount they are legally allowed to claim. Battling against at-fault drivers and auto insurance firms is the last thing injured victims should be concerned with. It would be wise for victims to let seasoned personal injury lawyers handle this legal battle for them.

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