Sustaining injuries in a car crash leads to high medical bills, lost pay and other costs. Usually, the driver at fault has insurance that pays these costs. But what happens if that driver does not have coverage (or not enough)? This is when uninsured or underinsured motorist (UM/UIM) coverage helps you.
How UM/UIM protects you
Uninsured motorist coverage shields you when another driver does not have coverage. On the other hand, underinsured motorist coverage protects you if the at-fault party’s limits are insufficient to cover damages.
Note that in Indiana, auto insurers must include UM/UIM coverages in every motor vehicle policy. However, you have the legal right to reject either or both coverages in writing.
Protecting your financial recovery
Without UM or UIM coverage, your only option is to pursue the at-fault driver personally. However, uninsured drivers typically lack assets. Even if you win a judgment, collecting it may be impossible. UM/UIM coverage ensures you have a viable source of recovery regardless of the other driver’s financial situation.
How UM/UIM claims work
When you file a UM/UIM claim, you are making a claim against your own insurance policy. Your insurance company will look into the crash just like another driver’s insurer would. You will need to prove that the other driver caused your injuries and cannot cover damages with insurance.
This process can become complicated, as your insurance company may dispute the extent of your injuries or the other driver’s fault. Having experienced legal representation can ensure your UM/UIM claim receives proper handling and maximizes your recovery.
Do not forgo protection
Many Indiana drivers decline UM/UIM coverage to save on premiums, not realizing how vulnerable this leaves them. However, many drivers in Indiana carry only minimum coverage, while others drive uninsured. Protecting yourself with adequate UM/UIM limits is essential.
If you have been injured by an uninsured or underinsured driver, review your own auto policy immediately. Your UM/UIM coverage may be the difference between full compensation for your injuries and devastating financial hardship. Additionally, consult a legal professional to better understand your rights in personal injury cases.