When you are injured in a car accident that was caused by another party, you naturally expect that party’s insurance company to compensate you for your property damage and personal injuries. However, what happens if the at fault party has $25,000 of liability coverage to pay your claim, and your claim is worth more than that? What can you do? It is always in your best interest to carry uninsured (UM) or underinsured motorist coverage (UIM).
What Is UM or UIM?
Uninsured motorist coverage will help protect you when you’re in a car accident and the at fault party doesn’t have insurance to cover your bills. UM can cover a variety of expenses related to your accident, including:
- Damages for pain and suffering
- Injury-related medical expenses
- Loss of wages, etc.
If the at fault party does have insurance but not enough to cover your expenses, underinsured motorist coverage can cover the difference between your bills and the liable party’s coverage up to the limits of your policy.
The Important Role of Your Attorney
Uninsured and underinsured motorist coverage is a not a gift from your insurance company. You may have already paid a premium for this coverage. However, while you may be entitled to this coverage, your insurance company will not simply hand you whatever amount you deserve. You still need to negotiate with them, as you would with the liable party’s insurance carrier. As such, it is important to have an experienced and aggressive accident attorney on your side to obtain the full extent of the compensation that you deserve.
Contact Us Today!
Attorney Kenneth A. Wilhelm is a New York car accident attorney with over 43 years of experience. For more information or to schedule a complimentary consultation, please call 1-800-967-5496, 24 hours a day, seven days a week or visit us at www.work4youlaw.com. We can even come to you. Huge amounts of money have been offered to our clients.
References
http://dmv.ny.gov/about-dmv/statistical-summaries