All too often, a client comes in to see us who was the victim of an auto-accident. Some negligent driver struck the client’s vehicle causing personal injury. In many instances, the negligent driver was uninsured (or under-insured). One of our first questions is to ask the client, “How much insurance do you have?” And all too often, their response is, “Why does that matter? It wasn’t my fault!”
In reality it absolutely matters. When you buy auto insurance you typically buy several forms of auto coverage. (If you haven’t looked at your auto policy recent, you should!) These forms generally include the following:
- Liability Insurance – this insurance protects you in the event that you hurt someone, and they sue you. This protects you from having to go into bankruptcy because you hurt someone.
- Medical Payments Expense Coverage – this policy is generally only $5,000 to $10,000 in coverage, which you can tap into in order to pay medical bills.
- Uninsured (Under-insured) Motorist Coverage (aka “UIM”) – This policy protects you if you are hit by a negligent driver that either has no insurance or not enough insurance.
Therefore, your UIM insurance provides you a pool of money if you’re seriously injured by a driver that wasn’t responsible enough to purchase enough insurance. So if you don’t have a big UIM policy, call your insurer today and increase it to $1 million. You’ll be surprised to learn it’s not that expensive.
Of course, your next question will be, “will my premiums go up?!” The simple answer is – no! UIM is considered “no-fault” insurance. That means when you tap into your UIM policy, inherently you’re doing so because you weren’t at fault for your injuries.
So if you’ve been hurt by another driver’s negligence, give BenGlassLaw a call at (703)584-7277. We’ll ask you for your own information so that we can tell whether or not you need to rely on the negligent driver having had enough foresight to purchase enough insurance to cover your claim.
You should also download our free book on Virginia car accident claims to learn important information that could greatly improve the odds of success for your case.