Protecting Yourself - What You Should Know About Uninsured and Underinsured Coverages

Uninsured motorist laws are different from state to state. Some states even allow the consumer to opt out of the coverage. Don’t do it. Saving a little money in the short run might end up costing you thousands of dollars in the long run. The small savings in premium cost doesn’t offset the protection offered by the coverage. Declining the coverage can leave drivers exposed to thousands of dollars in expenses in the event of an accident. Thankfully, Minnesota law does not allow for an opt out. However, the Minnesota minimum coverage amounts should be considered closely by the consumer to allow for adequate coverage.

Uninsured motorist coverage can be added to your base insurance coverage to make sure you and your passengers will be compensated in the event of an accident with an uninsured driver. Sometimes people let their insurance lapse without intending to do so and some individuals just fail to carry coverage. Uninsured motorist coverage protects you and others in case of an accident. Your coverage can also protect yourself and family members when they are passengers in other vehicles.

There are many instances in which an accident causes damages that exceed the limits of the at-fault driver’s liability insurance coverage. Underinsured motorist coverage comes into play with this happens and allows for added coverage. Medical expenses, lost wages and pain and suffering can add up fast.

To ensure your best chances at compensation in the event of an accident with an uninsured or underinsured motorist, you should contact an experienced person injury attorney. Cory P. Whalen has been representing injury victims from car, truck, bus and bicycle accidents for nearly twenty years. Mr. Whalen can advise you as to your rights and guide you through complicated insurance and personal injury laws.

Contact Cory P. Whalen today if you’ve been injured in an accident for a free legal consultation.