In the event of a car accident involving an uninsured driver, insurance companies have the legal right to pursue compensation from uninsured drivers through a process called ”subrogation.”
However, it’s important to note that the insurance company will only seek reimbursement for the amount covered by your policy. This can often leave accident victims without the necessary funds to fully recover from their injuries and associated damages.
By partnering with a dedicated law firm such as Universal Law Group, you’ll have a knowledgeable advocate on your side who understands the complexities of dealing with uninsured drivers. Our team will work tirelessly to ensure that you receive the compensation you deserve, even in the most challenging circumstances.
When do insurance companies pursue uninsured drivers?
Insurance companies have the right to subrogate, which means they will spend the time and money to go after uninsured drivers. In most situations, drivers without car insurance lack the resources, such as finances, to pay out any judgment that may be used against an uninsured driver.
Do I need uninsured motorist coverage?
Yes, having uninsured motorist coverage will safeguard you from covering your damages if you were involved in a collision with an uninsured motorist. If an accident was caused by an uninsured motorist, then UM coverage covers your expenses and your deductibles.
Some states, like Missouri, require uninsured motorist coverage by law, while in some circumstances, you might be the victim of a person whose insurance will not be able to cover your expenses fully. But when it’s an at-fault party’s insurance that is inadequate, you might likely get coverage from underinsured motorist coverage.
Certain amounts can also be claimed from UM and UIM, which happens to be your policy’s fine print. There’s no limit to the duration of your limits; there’s not always enough time; the time duration is as little as 30 days; and it can sometimes depend on the policy, which is to make your UM or UIM claims.
As a victim of an accident that involves an uninsured or underinsured driver, if you fail to submit your claim before the deadline, it may prevent your insurance provider from paying you back.
Can I sue an uninsured driver if going through my insurance company isn’t the best course of action?
Yes, this could help you recover any losses you may have incurred as a result of your accident with an uninsured or underinsured driver through a lawsuit. If you don’t have UM or UIM and you were hurt in an at-fault accident, you could bring a personal jury claim against an uninsured motorist.
But filing for a case of this kind may not be in your own best interest. Your losses and medical expenses might not be covered if the at-fault motorist doesn’t have automobile insurance. If you’re free of all charges, you might get a payback via a payment schedule. Then, you’ll sort out your attorney’s legal fees, or the percentage of the settlement that will be collected from the defendant.
In most cases, it’s advised to employ a Missouri car accident lawyer to help you file a lawsuit against the underinsured driver, which depends on the specifics of your accident and case. Recovering damages from an uninsured driver can be challenging.
The reason is that uninsured motorists don’t have the money or assets to compensate for the damages done. In most cases, your lawyer might want to include a third party by filing a lawsuit against a negligent third party, which is a company that produces and sells faulty auto parts.
Your attorney will sort out proof to identify the numerous drivers involved in the collisions. This will enable you to get money from a second at-fault driver, aside from the uninsured driver.
Speaking with an attorney after an accident is the best, at the very least. Because they’ll check out and examine all the necessary things.
What can I get from my own coverage?
When it comes to the amount you can recover from an uninsured motorist, the claim will solely depend on the coverage of your policy. The tax law provides a minimum level of coverage.
- $30, 000 for injuries per person, up to $60, 000 per accident.
- $25,000 for property damage
This is where your coverage is being pulled from, so when your limit is exhausted, that’s all your insurance company will be able to provide. For example, if you have a limit of $200,000 and you have $150,000 in expenses, that would leave you with $50,000 to sort out yourself.
Frequently asked questions
What happens if I’m hit by an uninsured driver?
When an uninsured driver hits you and you have comprehensive car insurance, quickly make a claim to your insurance company for repairs to your car.
What happens if the person at fault in an accident has no insurance?
In this case, your claims will be paid by uninsured motorist coverage if you are struck by an uninsured at-fault driver. It’s important to be aware that in cases like these, the adjuster represents the uninsured driver and will seek to minimize your injury claims.
What if I’m hit by an uninsured driver?
You don’t have to panic after an uninsured driver hits you. The first thing you should do right away is gather as much information as possible after the accident.
Gather information such as the other driver’s details, the model and color of the other vehicle, photos, and videos of the scene to substantiate your evidence.
If there are eyewitnesses around, approach them and ask if you can get their contact details or their account of the accident.
