The United States has some of the busiest roads consequently you would expect more accidents. In 2015 it is reported that there were 6.3 million crashes, causing fatal injuries and property damage. Major or minor, most of us have been involved in a car accident. When you are in such a situation, you expect that your car insurance coverage or that of the other driver with cater for medical treatment and any property damage. However, this is just the ideal situation.
So What Happens When the Other Driver is Uninsured or Does Not Have an Adequate Cover?
Car insurance is mandatory in most states. However, in some instances, the other driver may not have any or inadequate car insurance. Other times it’s a hit and runs, and you may not be able to identify the driver or the car. If you are in such a situation, you have to turn to your insurer to cover your damages. However, this is only possible if you are properly insured.
What is Uninsured Motorist Coverage?
Commonly referred to as (UIM), this is an additional cover that you can purchase from your insurance company. This coverage is offered by Insurance companies to protect you when you get involved in a car accident, and the other party does not have car insurance and is found to be responsible for the accident.
What is Underinsured Motorist Coverage?
Similar to the UIM coverage, the underinsured motorist coverage caters for damages sustained in an accident when the other driver has an insurance policy, but it’s not enough to cater for injuries, damages and any other losses arising from the accident. This cover caters for the difference in the other party’s coverage and the total losses.
What is Collision Coverage?
You can also get collision coverage with your insurance company. If you get into an accident with an uninsured or hit-and-run driver, this coverage caters for damages on your car but won’t cater for any injuries that you sustain.
Why Can’t I Just Sue The Other Driver?
It is a fact that many car owners who don’t have car insurance don’t have it because they can’t afford it. This means that they are not in a financial position to pay for the damage on your vehicle and medical costs. You may sue them and get a court judgment entitling you to compensation by the uninsured driver. However, it’s not worth the hustle since they will probably declare bankruptcy.
What Are The Consequences of Driving Without Insurance?
It is important to note that the uninsured motorist does not go scot-free. Apart from being unable to cater for their vehicle repairs and medical treatment they are subject to additional fees and penalties. These penalties may include;
• Suspension of their driver’s license, tags, and registrations
• Reinstatement fees for suspended licenses
• Confiscation of the vehicle’s license plate
• Criminal charges depending on the state
If you have been involved in an accident with an uninsured, underinsured or hit-and-run motorist, it is critical that you engage the services of an experienced auto injury attorney and consult your insurance provider. Call 4 and get the roar lawyer. Contact Thompson Law at 844-308-8180.