According to the United States Department of Transportation (USDOT, there were over 5,335,000 motor vehicle crashes reported to police in 2011. 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, and you have almost 2,100 people who were involved in an accident with an uninsured drive—every day.
If you were hit by an uninsured driver or were involved in a hit-and-run accident and were therefore unable to obtain the at-fault driver’s insurance information, you may feel that you are simply out of luck. However, you may be covered if your own auto insurance policy includes uninsured motorist coverage.
Contact Wagner Reese to learn more about your options; call (888) 204-8440 for a free consultation with one of our uninsured motorist attorneys in Indianapolis.
Why You Should Have Uninsured Motorist Coverage
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, simply understanding your options and your current insurance policy can help you ensure that you have the right coverage for yourself and your family.
A notable reason for making sure that you have the proper insurance coverage is that the IRC reported increases in auto accident claims from 2007 to 2012 when a sample of 35,000 auto accident claims was reviewed. The IRC found that the average cost had increased by anywhere from 4 percent to 8 percent, depending on the type of coverage claim.
While this may sound like a small increase, the average claim range was $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 likely to be very costly for those involved when claims average $10,000.00 or more, and the money is all out of pocket.
How Our Firm Can Help
If your auto insurance policy includes uninsured or underinsured motorist coverage, you should be able to recover compensation for damages sustained in an accident, regardless of whether or not the other driver carried insurance. However, insurance companies are not always willing to pay out accident claims. In fact, they may try to devalue or deny your rightful claim in order to save themselves money.
Additionally, these types of claims can be incredibly complex in their own right. The procedures involved in filing a claim can be very complicated and insurance providers will often take advantage of people’s confusion. The Indianapolis uninsured motorist attorneys at Wagner Reese have extensive experience navigating all types of vehicle accident claims, including those involving uninsured and underinsured drivers. We can help you throughout the entire claim filing process, as well as with appealing rejected claims and fighting for the just compensation you are owed.
Contact us today at (888) 204-8440 to schedule a free consultation with our team.