Driving today means facing unexpected risks, especially from accidents with drivers who don’t have insurance. That’s where uninsured motorist coverage comes in. It’s a crucial part of your car insurance that helps cover costs if someone without insurance hits you. This coverage is like a safety net, protecting you and your family from unexpected financial problems after an accident.

Let’s explore why uninsured motorist coverage is essential for every driver seeking peace of mind.

Understanding Uninsured Motorist Coverage

Uninsured motorist coverage is there to help when you get into an accident with someone who doesn’t have insurance. There are two main types: one for injuries and another for damage to your car. If an uninsured driver hits you, this part of your insurance can help pay for medical bills, car repairs, and even lost wages if you can’t work because of the accident. It’s like having the other driver’s insurance step in to cover your costs, ensuring you’re not overpaying out of pocket.

Believe it or not, many drivers don’t have any insurance, even though it’s legally required. This puts responsible drivers at risk of paying big bills if they’re hit by one of these uninsured drivers. The chance of this happening can depend on where you live, with some places having more uninsured drivers than others. If you’re unlucky enough to get into an accident with an uninsured driver, you could be facing huge costs for medical care and fixing your car. This is why having uninsured motorist coverage is a smart move, it’s your financial defense against these risky situations.

In the next sections, we’ll discuss how to determine if you need uninsured motorist coverage.

Making an Informed Decision

Selecting Uninsured Motorist coverage is all about striking the correct balance. Consider the following:

• Cost vs. Risk: Evaluate the possible costs of an accident involving an uninsured driver against the cost of Uninsured Motorist coverage. Frequently, the expense of coverage looks small in comparison to the financial risk of an accident.
• Speak with Your Insurer: You can get more information about your existing coverage and how Uninsured Motorist coverage might help you from your insurance provider. Personalized guidance is essential.
• Individual Decision: It is ultimately up to you to choose Uninsured Motorist coverage. Making decisions with confidence and guaranteeing your desired level of protection is possible when you are well-informed.

How Can I File a Claim?

In most insurance contracts, you have an obligation to notify your insurer in the event of an accident. It can also be legally required of you to notify the police of an accident in Nevada. These reports will assist your insurer in determining who is at fault for the collision, along with witness accounts, photos, and a car inspection.

The decision made by your insurance is not legally binding. Your Las Vegas personal injury lawyer may determine it is worthwhile to sue your Uninsured Motorist coverage if you disagree with its findings. If you are only partially to blame for the accident, you can also be eligible for a partial recovery under Nevada’s comparative negligence law.

You must prove your medical costs and other injuries to your carrier. Never expect that filing a claim through someone else’s insurance will be simpler than this. Insurance adjusters’ only responsibility is to minimize their costs.

 

What Makes Individuals Drive Without Liability Coverage?

There exist multiple reasons for drivers who choose not to carry insurance, such as:

• Financial constraints: Some people may struggle to pay insurance premiums because of their financial situation.
• Negligence: Some drivers neglect to obtain insurance due to their carelessness or ignorance of the law.
• Licenses suspended or revoked: Previous crimes or moving offenses may have resulted in a driver’s license being suspended or revoked. Insurance companies may decline to issue a policy in such circumstances.

 

What Is Included by Uninsured Motorist Coverage?

If the other driver in the accident does not have insurance, uninsured motorist coverage covers your medical expenses, lost income, and other losses. Financial protection also comes in if a driver with insurance but insufficient coverage harms you. In other words, an Uninsured Motorist policy combines your underinsured motorist coverage with your uninsured motorist insurance.

For Example: Sally gets involved in a terrible accident when a driver crashes into her as she waits at an intersection. Sally has a severe brain injury that requires her to miss a year of work and faces medical expenditures of $80,000. Her car needs to be replaced, which will cost an additional $30,000, and she has lost out on salary totaling $40,000. Sally sustained total economic losses from this catastrophe of $15,000.

The driver that hit Sally only carried $25,000 in liability coverage for physical injury and $20,000 in property damage insurance, the bare minimum needed by Nevada law. Sally still has $10,000 in property damage and $95,000 in physical damages, even if the policy pays out to its maximum.

Luckily, Sally has a $100,000 physical injury liability and $20,000 property damage coverage under her Uninsured Motorist Coverage policy. She is therefore entitled to full compensation for her financial losses.

Contact an Uninsured Motorist Lawyer in Las Vegas to make an informed decision

Now that you know about uninsured motorist coverage, you can make an informed decision about your insurance needs.

You can get assistance from Moss Berg Injury Law in evaluating your insurance choices, including Uninsured Motorist coverage. We are professionals at ensuring that you have complete road safety. Find out whether you are not protected before an accident occurs. Get in touch with us right now, and together we can ensure you have the coverage required for a worry-free drive.