Chesapeake, Virginia (VA) Car Accident Lawyers Rick Shapiro and Kevin Duffan discuss the types of available auto insurance coverage if you, or a loved one, was hit by a driver who had an insufficient auto insurance coverage.
There is actually a form of coverage available through your own auto insurance policy called Uninsured/Underinsured Motorist (UIM) Coverage. This vital coverage is accessible if you, or a loved one, was hit and seriously injured by someone who had a minimum insurance policy and your medical bills, lost wages, etc. far exceed the other driver's policy limits.
For example, let's say you're involved in a serious wreck while driving down I-464 headed towards Greenbrier. You have over 50,000 dollars in medical expenses, but the other driver only has 25,000 in available auto insurance coverage. You have, let's say, a 100,000 auto insurance policy. In this scenario, the other driver's policy pays for the first 25,000 and your UIM coverage applies to the remaining 25,000.
To learn more, download this important legal info guide on UIM coverage, published by our team of Chesapeake, Va Personal Injury Lawyers: