Your own insurance is crucial after some wrecks.
From the moment a serious car wreck happens to the days, weeks, and months following, you can expect the medical bills and other expenses to keep piling up. It may be easy to just push them aside and wait until the liability party's insurance pays for them, but this may be impossible if the liable party does not even have insurance to begin with. In this case, there may be something available that can greatly relieve a huge part of this post-accident headache that you're experiencing.
Following an accident, it is possible to make a claim against your own insurance. This may not sound right, but it's true. Many people pay for something that is called "uninsured motorist" coverage, and they don't even know it. Insurance companies are required to offer it to their customers, and customers oftentimes accept it without knowing what it really does. If you do have uninsured motorist coverage as a part of your insurance, you're in huge luck.
To be more specific, this is insurance coverage you purchase for yourself that compensate you for the damages you receive in an accident caused by a driver who does not have the state-mandated liability insurance. It will also cover you if the other driver does not have enough liability insurance to adequately compensate you for your damages. Although many people do have this insurance, some are reluctant to actually use it.
Many of my client's don't want to make a claim against their own insurance out of fear that their rates will increase, their insurance will drop them, or the claim will go on a permanent record that can affect their insurance in the future. Legally, an insurance company cannot drop you or jack up your rates based solely off of an uninsured motorist claim, so this isn't something to worry about.
There is a reason you have been paying for UM coverage for the past months, years, and decades. If you are struggling to pay the bills resulting from an accident that wasn't your fault, this coverage is extremely important. It can prevent you from destroying your credit and causing even more unnecessary issues in your life.
In my opinion, every single driver should have uninsured motorist coverage as a part of their car insurance. There is a huge percentage of Texas drivers who either don't have liability insurance, or are underinsured. If you are one of these people who is reluctant to use your UM coverage, just remember it's something that you have been paying for yourself over a long period of time. Let the insurance do its job and help you out.
To learn more about your legal rights and to make sure you have the best possible chance of recovering the maximum compensation available, please contact our law firm today. Call toll free at 800-354-6275 or locally at 817-294-1900.
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