Indiana Uninsured Motorist Accident Lawyers
According to the USDOT, in 2011, there were over 5,335,000 motor vehicle crashes reported to police. That breaks down to over 14,600 each day, or 10 every minute.
Combine that with the data that the Insurance Research Council released in 2011, which reports that approximately 1 in 7 drivers on the roadways were uninsured. That means that almost 2,100 people are involved in an accident that involves an uninsured driver every day.
With all of the different types of insurance coverage available, requirements varying from state to state, and the large numbers of companies that offer auto insurance policies, it is easy to be overwhelmed, but simple understanding can help make sure that drivers have the right coverage for themselves and their families so that if they are involved in an accident, they are covered.
A notable reason for making sure that an individual has the proper insurance coverage, is that the IRC reportedincreases in auto accident claims from 2007 to 2012, when a sample of 35,000 auto accident claims were reviewed. The IRC found that the average cost had increased by anywhere from 4% to 8% depending on the type of coverage claim.
While this may sound like a small increase, the average claim range was over $10,000.00 to $14,000.00, again depending on the type of coverage claim. This increase is estimated to be a result of the increase in medical care expenses, lost wages and other related accident expenses. Being involved in an auto accident with an uninsured driver and not having uninsured motorist insurance, is potentially going to be very costly to those involved when claims average $10,000.00 or more, and the money is all out of pocket.
UNINSURED MOTORIST FACTS
- Recent years have shown an increase in the number of uninsured drivers, largely attributed to economic struggles.
- Approximately 1 in 7 drivers on the road are uninsured, leaving you exposed to higher costs.
- An average of 14% of all motor vehicle accidents are the result of an uninsured motorist.
- Indiana is listed as the state having the 12th highest amount of uninsured motorists.
Accidents that involve uninsured drivers can be costly, and can likely become your and your insurance’s responsibility. As a result, an uninsured driver may cause you to face financial hardship, cause your insurance rates to go up, and put an unnecessary burden on you and your family.