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Understanding uninsured/underinsured insurance

On Behalf of | Jul 23, 2021 | Uninsured/Underinsured Accidents

Being in a car accident can be an extremely stressful time. Though, most of the time, we can be comforted by the fact that insurance will usually cover everything, and unless it is a major accident, there may not be to much of an issue. However, what happens if the at-fault driver uninsured or underinsured?

The underinsured scenario

The most likely scenario where one would encounter this issue is when the at-fault driver only has the state’s minimum liability insurance requirements. This is because not all accidents have the same issues and costs. Sometimes, one may have a newer or an above-average cost vehicle. In addition, healthcare costs can often exceed state minimums for severe auto accidents. And, this is where uninsured and underinsured motorist insurance coverage is used.

The uninsured scenario

Though, the nightmare scenario is where the at-fault driver has no insurance. If one does not have uninsured and underinsured motorist insurance coverage on their own policy, the not at-fault driver will only be able to recover from the at-fault driver through a lawsuit. That lawsuit can hold the at-fault driver accountable, but it does mean that, until a judgment is received, the not at-fault driver will have to pay for everything themselves.

What to do after an uninsured/underinsured accident

For Cincinnati, Ohio, residents dealing with an uninsured/underinsured accident, call an attorney. Even if one has the appropriate coverage on their own insurance, trying to deal with two insurance companies and an at-fault driver can become complicated and stressful quickly. The attorney can take over that stress and fight for one’s rights.

 

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