All too often we are painfully reminded of the importance of carrying appropriate limits for uninsured (“UM”) and underinsured motorist coverage (“UIM”) on your auto insurance policy. As the names imply, these are insurance coverages that you can purchase to protect you in the event that the other driver is not insured or has insufficient insurance to cover your injuries.
Unfortunately, there are too many drivers out there causing horrific accidents and related injuries that have few assets and either have no liability insurance or an insufficient amount of liability insurance to compensate victims for the damage they cause. If you or a loved one were the victim of such a driver, your recourse may be limited to your own UM or UIM coverage.
We have seen first hand victims of auto accidents seriously injured by a driver of an auto that does not personally possess a penny and on top of that either has no insurance or very little insurance coverage. To make matters worse, these victims, sometimes facing hundreds of thousands of dollars in damages or more, only have the statutory minimum of $15,000/$30,000 in UM and UIM coverage.
Please take a look at your UM and UIM coverages and discuss them with your auto insurance representative to make sure you have appropriate coverages in the event you become the victim of an auto accident.
Please also keep us in mind if you, a loved one, or someone else you know is injured in a car or other accident. We take great pride in helping accident victims through what can be a very difficult and confusing process.