If you’ve ever been involved in a serious car accident, then you know that one of the first things you should do after guaranteeing your safety is to gather the insurance information of the driver who was at fault. Unfortunately, many drivers are either uninsured or underinsured, putting your livelihood at risk. While most drivers are aware of the risks of being in an accident with an uninsured driver, few understand that underinsured drivers are just as risky, maybe more.
Wrecks Caused by Uninsured Drivers
When you’re in a wreck with an uninsured driver, the only way that you’ll be able to recoup your losses is by filing a claim against your own insurance. Most uninsured drivers don’t have insurance because they lack the funds, which means they also don’t have any funds that you win during a civil lawsuit.
Fortunately, the majority of car owners carry uninsured motorist coverage, which means you should be able to file a claim with your insurer if the other uninsured driver was at fault in your accident. As soon as you know the other driver lacks insurance, notify your insurance company and inform them of your desire to file a claim.
Underinsured Motorist Coverage is Paramount
The reason that underinsured motorist accidents can be even more costly than those involving uninsured drivers is that most car owners do not carry underinsured motorist coverage. However, if you’re ever involved in an accident caused by an underinsured driver, you’ll probably wish you had chosen to invest in the extra protection.
When a driver with an inadequate level of insurance causes an accident, their policy will only be able to cover the most minor of expenses, and if you’re accident has resulted in serious damage to your car or expensive medical bills, then you’ll have to pay these costs out of pocket. On the other hand, if you purchase underinsured motorist coverage, you will be able to file a claim with your own insurer to make up the difference, saving you both money and stress.
Submitting a Claim Successfully
The biggest obstacle in filing an underinsured driver claim has to do with timing. When you’re struck by an uninsured driver, you will know almost immediately that they don’t have insurance, which means you can go ahead and file your claim. With an underinsured driver, on the other hand, you may not know they’re underinsured until a good deal of time has passed from when your accident occurred, possibly limiting your ability to file a successful claim.
The moment you find out the other driver is lacking adequate insurance coverage, you need to contact your own insurer to file a claim. From that point, the claims process will continue as normal, with events like an investigation into your accident, providing medical records and giving statements. Make sure that you’ve hired a Greensboro car accident lawyer to assist with your claim so that your interests are protected.
Retain a Greensboro Car Accident Lawyer
Fight for the compensation you need after a car accident by hiring a Greensboro car accident lawyer from Mike Lewis Attorneys today. We are prepared to do everything necessary to win your claim so that you can pay your bills and support your family. Speak with a Mike Lewis Attorneys representative about your underinsured motorist claim as soon as possible.