Underinsured and Uninsured; When the other driver has little or no insurance
What if you are injured in a car accident and the driver at fault doesn’t have enough insurance to cover the extent of your injuries? What if he has no insurance at all? It happens more often than not.
I have seen people suffer catastrophic personal injuries only to find that the at fault driver has the state minimum of $20,000.00 coverage. I hate to see that happen.
Many people don’t understand that their own insurance coverage has provisions that protect them and anyone in the car in the event the other driver either doesn’t have enough coverage or has none at all. The coverage comes from the “underinsured” and “uninsured” provisions of your own policy. These can come in to play as coverage for you and anyone in your car.
Uninsured coverage applies and an insurance claim can be made under your own policy when the at fault driver has no insurance. It also applies when there has been a hit and run accident and the other driver cannot be found.
Underinsured coverage applies when the at fault driver does not have enough coverage and your own underinsured limit is more than the at fault driver’s policy limit. In that situation, you can make a claim under your own policy for the difference.
Just because the claim is against your own insurance company does not mean they will voluntarily pay what is fair and treat you right. They will still make you prove your damages. These cases often times proceed to arbitration under the terms of the policy.
I personally believe these provisions on a policy are the most important. This coverage for you and those in your car, which are usually those you love the most. I encourage everyone to purchase the highest limit on this type of coverage they can afford.
Kirkpatrick Law Offices
3 Executive Woods Ct,
Swansea, IL 62226