Yesterday, I wrote about what happens when a driver has a low insurance policy.
The only worse than a low insurance policy is when the person who hits you has no insurance. You are driving along. Following the rules of the road. And then BAM. Through no fault of your own your life has changed on a dime. It’s not right.
What are you going to do?
Your only option is likely to make a claim against your own policy. This is known as an underinsured motorist claim. Your insurance acts as if it was the person’s who hit you. Your liability limits are the amount of coverage available to you.
Do I need a lawyer?
Most likely. Insurance companies have thousands of lawyers. They act to protect their money at all costs. And at the time you were in the accident you went from their customer to an adversary. They are going to try to pay you as little as possible.
What will your lawyer do? Your lawyer will make a claim against your insurance policy the exact same way a claim would have been made against the person who hit you. Your lawyer will also evaluate a claim to see if the person who hits you has any assets that you can recover. Mostly people without insurance have nothing to attach. But your lawyer needs to explore this.
If you find yourself in this unfortunate situation, contact me. I’m happy to answer your questions.