If you have ever been in an accident, and the other driver was at fault, you may have had to make a claim under the uninsured motorist or underinsured motorist provisions of your auto insurance policy. These stipulations of your policy come into action when the at-fault driver either has no insurance coverage, or inadequate insurance coverage, to pay for the injuries or property damage that occurred during your accident. Keep reading below for more information on how to deal with these types of claims.
What is Uninsured Motorist Coverage?
Uninsured motorist coverage is to help pay for medical bills that may occur or property damage expenses in the case that the at-fault party in the incident does not have any auto liability insurance. If you find yourself in this situation, you may choose to sue the driver who was at-fault. They may be independently wealthy and can write a check to cover the bills or expenses. This is unlikely, since most people who choose not to carry liability insurance are rarely sitting on a wealth of money.
What is Underinsured Motorist Coverage? …show more content…
Basically, underinsured coverage was designed to help fill the gap between the bills and expenses following an accident and the insurance coverage limits that the at-fault driver’s policy provides. Lets say you are in an accident and you incur $25,000 in medical bills and $10,000 in property damage. Now, lets say the driver who is at-fault only carries liability insurance with a limit of $10,000, therefore, they are underinsured. This is a situation where you would need to make an underinsured motorist claim on your auto policy. You should make a claim immediately when you realize the other driver is
What is Uninsured Motorist Coverage?
Uninsured motorist coverage is to help pay for medical bills that may occur or property damage expenses in the case that the at-fault party in the incident does not have any auto liability insurance. If you find yourself in this situation, you may choose to sue the driver who was at-fault. They may be independently wealthy and can write a check to cover the bills or expenses. This is unlikely, since most people who choose not to carry liability insurance are rarely sitting on a wealth of money.
What is Underinsured Motorist Coverage? …show more content…
Basically, underinsured coverage was designed to help fill the gap between the bills and expenses following an accident and the insurance coverage limits that the at-fault driver’s policy provides. Lets say you are in an accident and you incur $25,000 in medical bills and $10,000 in property damage. Now, lets say the driver who is at-fault only carries liability insurance with a limit of $10,000, therefore, they are underinsured. This is a situation where you would need to make an underinsured motorist claim on your auto policy. You should make a claim immediately when you realize the other driver is