Uninsured or Underinsured Motorist Bodily Injury Claim Lake County
If you get in a car accident because of another driver’s negligence, you likely know that you and the other driver should exchange car insurance information so you (or your insurer) can make a claim and seek compensation under their policy. But what happens when the other driver says they have no insurance, or the amount of their coverage is significantly less than the damages and losses you’ve incurred because of their negligence? If you have an uninsured or underinsured motorist claim, Lake County attorney, Kirk Moyer, stands ready to help.
The purpose of liability insurance is to ensure that there is at least some compensation available for any injuries or property damage caused by the insured driver.
However, we all know that not everybody follows the law. A shockingly high number of drivers ignore their obligation to carry liability insurance and drive without any insurance coverage whatsoever. In 2015, 13% of American drivers and 13.7% of drivers in Illinois, or about one in eight motorists, were uninsured, according to a 2017 study by the Insurance Research Council (IRC). That means that around 30 million Americans drive without insurance.
There are many reasons that drivers ignore the law and drive without insurance, but the biggest reason is the cost. If the driver who hit you doesn’t have the money to pay for car insurance, they likely won’t have any money or assets to pay even a small fraction of what you deserve when you sue them and seek compensation for your injuries and losses.
Even when the other driver does have coverage, it may only be the minimum amount required by law, which also may fall far short of covering the damages you have suffered.