Uninsured & Underinsured Motorists
Car Accident Lawyers Serving Reno and Carson City
Most auto insurance policies contain an uninsured or underinsured motorist clause. This clause protects drivers in the event that they are hit by someone who was driving without insurance (or without enough coverage to cover the total cost of damages). In the event that you are hit by an uninsured motorist, you can call a Reno car accident lawyer to learn about your options. When the "other guy" isn't protected by their insurance, there is still hope for you to recover financial compensation.
UM/UIM insurance is included in a driver's auto insurance policy. Provided that the driver pays their monthly insurance premiums, they should be covered by their insurance in the event of this type of accident. When both drivers involved in an accident are covered by insurance, the at-fault driver's insurance will cover the cost of damages. When the at-fault driver does not have insurance or has inadequate insurance, UM/UIM insurance will go toward covering what the at-fault driver cannot.
Uninsured motorist insurance varies greatly by state. In total, there are three different types of insurance coverage to cover drivers in the event that they are hit with someone who doesn't have liability insurance:
- Uninsured Motorist Insurance (UM or UMBI)
- Underinsured Motorist Insurance (UIM)
- Uninsured Motorist Property Damage Insurance (UMPD)
What can UM, UIM and UMPD insurance cover?
Each type of uninsured motorist clause benefits accident victims in different ways. For example, UM coverage is what you want to have in the event that you are hit in a hit-and-run situation or by a driver who has no liability insurance whatsoever. Filing this type of insurance claim could cover the cost of medical bills from any injuries sustained in the accident, lost wages for time taken off of work to recover from injuries and "pain and suffering" which is a type of noneconomic damage that could provide financial compensation for things like loss of enjoyment of life due to a debilitating injury.
UIM insurance can cover all of the same things that UM insurance can cover. The main difference is that instead of paying the entire amount, the insurance covers only the cost that cannot be covered by the other driver's insurance. UMPD insurance is strictly insurance that can cover the cost of damage to your vehicle and possibly items within your vehicle that were damaged in the accident. UMPD insurance can also cover property damage costs in the event that you are hit by a driver who flees the scene of the accident.
Enlist a Reno Car Accident Attorney
Shook & Stone's Reno personal injury lawyers can assist you if you were hit by an uninsured or underinsured motorist in a car accident. Shockingly, nearly 15 percent of all drivers in the United States do not have adequate liability insurance. In the event that you are involved in an accident with one of these drivers, you may have to foot the bill yourself if you are not covered by UM/UIM insurance. This is especially true in the event of accidents that cause excessive damage.
To save money, many drivers carry the most basic coverage plans and the minimum limits on their liability insurance. This minimum amount is often not enough to cover the cost of damages in severe car accidents. If you were involved in this type of accident, we can evaluate your insurance plan and coverage to determine the maximum amount your insurance company will be willing to pay. To learn more about legal representation and UM/UIM claims in Reno or Carson City, please do not hesitate to call today and speak with one of our attorneys.