You already know this, but it always bears repeating: Car accidents are costly in several ways. First, there is the property damage your car has suffered. Second, there are the medical expenses if you were injured. Third, there is the loss of income if you have missed work because of your injuries. These are just three ways a car accident can cause you financial hardships.
Now, imagine that the other driver has either no insurance at all or not enough insurance to cover the damages. Uninsured/underinsured motorist accidents nearly always cripple the victim if he or she does not have insurance coverage addressing underinsured or uninsured motorists. This leaves personal injury victims wondering what, if any, legal options exist to ensure they are compensated.
In our Peoria, Illinois, legal practice, we have helped many of our neighbors who were blindsided by an apparent lack of financial solutions following an uninsured/underinsured motorist accident. We want you to know that you do have options and a personal injury lawyer with experience handling insurance companies can help.
For example, an experienced attorney can often find loopholes and uncover legal requirements in the underinsured at-fault motorist’s existing auto policy. If the other driver was not insured at all, a lawyer can negotiate with your own insurance provider to make certain that the company fulfills its duty to compensate you.
If all else fails, legal counsel can help you find other forms of recompense such as a personal injury lawsuit or uncovering any valuable assets the at-fault driver may own. The point is, you are not completely without solutions after an uninsured/underinsured motorist accident. Please see our website for more information about car accidents and insurance coverage.