In an ideal world, we’d all be able to rely on one another to do the right thing. Regrettably, this isn’t the case. Instead, California people must be prepared to look after their own safety and well-being, regardless of what others do. Uninsured motorist coverage is one approach to protect yourself from other people’s poor behavior. Is it, however, worthwhile? Read on for our thoughts, and then call us at 909-982-0707 for a no-obligation legal consultation.
Consider the following scenario
You’ve been in a severe automobile accident that resulted in numerous catastrophic injuries that will need extensive rehabilitation and multiple operations. Your automobile was wrecked in this collision, and you will be out of work for several months. Another motorist was entirely at blame for the collision. That driver even acknowledged to the authorities that they were at blame. It may appear that their insurance company will pay your injuries, but this is not always the case.
How is this possible? Because California only requires $15,000 in coverage per wounded person and $30,000 in total coverage in the event of an accident. That assumes the motorist has any insurance at all; if they’re completely uninsured, you’ll get nothing. What do you do if you’re in this scenario and your losses are close to a million dollars?
You can sue the driver individually, but it’s unlikely to be successful
One of the first things people explore is suing the individual who caused the automobile accident for damages. Unfortunately, rather than paying you $1 million, they are more likely to declare bankruptcy. If the driver was a juvenile or was driving someone else’s automobile, paying the policy limitations absolves them of any culpability and eliminates the possibility of a lawsuit.
Uninsured/underinsured motorist coverage might help you avoid financial ruin
Getting into a car accident with someone who doesn’t have enough insurance might affect your life forever. This is why having uninsured/underinsured motorist coverage is frequently a good idea. In most situations, it is reasonably priced. For $100,000 of coverage, for example, you may anticipate to spend approximately $100 each year.
The manner in which this coverage operates
The procedure is actually rather straightforward. If the other driver has insurance, the uninsured motorist coverage kicks in when their policy runs out. If they don’t have insurance, the uninsured coverage kicks in immediately. This additional coverage might be the difference between moving on from a severe accident and going bankrupt for families who have been involved in one.
Which insurance provider for uninsured or underinsured motorists is the best?
At Law Offices of Fernando D. Vargas, we specialize in assisting business victims. We don’t have any recommendations for the best insurance company to deal with, and we don’t know if everyone should have underinsured or uninsured coverage. We just wanted to offer you information so that you are aware of your alternatives. Call us at 909-982-0707 for a free legal consultation if you’ve been in a car accident.
