Uninsured/Underinsured Motorist Coverage in Ohio
It is estimated that out of eight drivers, one is unlikely to have insurance coverage, according to a 2021 report from the Insurance Research Council. This may lead to certain complications for securing a compensation in case of a car accident. This is where you need to learn about uninsured/underinsured motorist coverage.
What is uninsured/underinsured motorist coverage?
Uninsured/Underinsured motorist coverage is insurance that provides coverage for any losses that you might sustain if you are involved in an accident that is caused by a driver who does not have insurance (uninsured) or does not have enough insurance to cover all the damages caused (underinsured).
What is the difference between an uninsured motorist policy and an underinsured motorist policy?
An uninsured motorist policy provides coverage for damages that are caused by a driver who does not have insurance or an unidentified driver such as in a hit-and-run accident. An underinsured motorist policy covers damages that exceed the negligent driver’s policy limits.
Why is uninsured/underinsured motorist coverage important?
Accidents with uninsured or underinsured drivers are usually complicated and often the victim is left with the bill for repairs and many other expenses. Roughly 13% of Ohio drivers do not carry any form of auto liability insurance, and even more Ohio drivers do not have enough auto liability insurance to cover serious accidents. A severe, injury-causing accident can often result in medical bills and damages that are far beyond the mandatory $25,000 minimum. Uninsured/Underinsured motorist coverage can help you foot the bill in these situations.
Why should you carry uninsured/underinsured motorist coverage?
Uninsured/Underinsured motorist coverage is just another way to protect yourself in the event that you are in an accident. Carrying this coverage prevents you from being held personally responsible for any damages that exceed your policy limits. Uninsured/Underinsured motorist coverage will protect you and your assets if you are ever involved in a serious accident. If you have purchased uninsured/underinsured motorist coverage and are in an accident with an uninsured or underinsured driver, you should contact the attorneys at Tompkins, Selph, & Associates. We can assist with the claim against your policy to recover any damages you might have suffered. In addition to filing a claim, you may also be eligible to bring a personal injury claim against the at-fault party to recover the damages you sustained.
Will my insurance premiums increase if I file an uninsured/underinsured motorist claim?
Short answer, no. Ohio law prevents insurance companies from raising your rates or dropping you if you file one uninsured/underinsured motorist claim. If you have filed such a claim and your rates have increased, call the attorneys at Tompkins, Selph, & Associates who can investigate whether the insurance company violated Ohio law.
How can an attorney help me if I am involved in an accident with someone who does not have auto insurance?
The compassionate and experienced attorneys at Tompkins, Selph, & Associates can help guide you through the process and fight to get you the maximum possible compensation. Our attorneys will remove the burden from you and alleviate some of your stress by dealing with the other driver’s insurance company, your insurer, and preparing to take your claim to court if necessary. Contact us now!
Sep 22, 2023Title: The Whacky Tapestry of Legal History: Bizarre Laws from Around the Globe
Sep 21, 2023The Weirdest and Whackiest Personal Injury Cases in Ohio History
Sep 20, 2023How Personal Injury Attorneys Collaborate with Medical Professionals
Sep 19, 2023Understanding Negligence in Personal Injury Cases