It is an important point to remember that you have uninsured or underinsured motorist coverage if the at-fault driver doesn’t have an insurance policy. Uninsured and underinsured motorist coverage are two types of insurance coverage that come into play when the at-fault driver has no insurance to cover the damages.
Uninsured motorist coverage (UIM): Own insurance policy with Uninsured motorist coverage will cover the damages or losses caused by the car accident when the at-fault driver doesn’t have his insurance to compensate for the losses.
Underinsured motorist coverage: Underinsured motorist coverage is similar to Uninsured motorist coverage but this coverage only compensates your losses, according to the policy you possess. It means your insurance company will cover half or complete losses up to your policy limits.
Details About Uninsured Motorist Coverage:
Uninsured motorist coverage comes into play when the driver has no car insurance and is responsible for the car accident in that you have suffered injuries. The uninsured motorist coverage policy will cover all the damages from your injuries, medical bills, and car repairs to every loss that you have suffered as a result of the car accident. If you are unsure about the insurance claim that you are eligible for, it is best to contact your lawyer to handle the details.
As a rule, the driver who is held liable for the accident has to compensate for the losses with the help of his insurance policy. But the at-fault driver has no insurance policy, when you have an Uninsured motorist coverage for your insurance policy, it will compensate all the accident-related losses. It is not worth filing a lawsuit against an at-fault driver who has no insurance policy covered, unless that driver has assets or property under his name to somehow satisfy the compensation.
Thus, it is useful to have UIM under your insurance policy so that you get timely and satisfactory compensation for the accident-related losses when the car accident is not your fault and the other driver doesn’t have an insurance policy of his own.
Underinsured Motorist Coverage
When the at-fault driver’s insurance policy doesn’t cover all your losses because of his insurance policy limits then your underinsured motorist coverage under your insurance policy will compensate for that. For example, driver’s liability insurance coverage doesn’t cover a certain amount or covers only a certain amount and couldn’t compensate for pain, suffering, or medical bills completely. Then you can claim under your insurance policy the remaining amount which his liability insurance policy didn’t cover. That is why it is important to consult with a personal injury lawyer in Ottawa. They understand the nuances and issues with such claims and have had considerable success in helping their clients win damages.