What Is Uninsured Motorist Coverage?

Uninsured motorist coverage is what you keep on your own vehicle to protect you, in case someone without insurance or without enough insurance injures you. If you have a case that is worth $200,000, the other person only has $15,000 of insurance coverage, you have no uninsured motorist coverage, and they have no assets, all you are ever going to get from them is that $15,000. If you had a $250,000 uninsured motorist policy, you could take that $15,000 and then turn to your insurance company and collect the difference. Using your uninsured motorist coverage does not make your insurance rates go up.

I Have Medical Insurance. Why Should I Use Uninsured Motorist Coverage On My Policy?

Your medical insurance is only going to cover your medical bills. You are going to have other expenses. If you are seriously injured, you are going to have lost income and you are going to want to be compensated for your pain and suffering. Your medical insurance is not going to touch any of that. If the person who hit you is not sufficiently insured to cover your damages and they don’t have assets to go after, the only thing protecting you is your uninsured motorist coverage.

What Is The Minimum Auto Insurance A Driver Must Have In California?

You legally need to have a 15/30 policy, meaning $15,000 per person and a maximum of $30,000 per accident. I strongly encourage you to increase that significantly. Your uninsured motorist coverage is limited to the amount of your insurance policy. Protect yourself and get at least a $100,000 policy.

Is It Difficult To Recoup Funds In A Lawsuit Against Uninsured Or Underinsured Motorists?

If a person is underinsured, it’s not difficult to collect the amount of coverage they have, but you are not going to get anything more than that unless you have uninsured motorist coverage or they have vast assets. If they have no insurance at all and you have no uninsured motorist coverage, we are typically not going to be able to help you.

For more information on Uninsured Motorist Coverage In California, a free initial consultation is your next best step. Get the information and legal answers you are seeking by calling (408) 687-9155 today.