Underinsured/Uninsured Driver Accident Info
Texas requires some minimum form of insurance coverage in order to operate a motor vehicle. This minimum level of compulsory insurance protects you from the financial loss that may be associated with an auto accident, where liability falls on the other driver.
Texas Requires Insurance by Law
Unfortunately, some people drive without insurance coverage despite the minimum requirements for insurance coverage. This puts you at a significant risk for being stuck with expensive bills if you are in an accident with an uninsured motorist.
The Insurance Research Council found that although the trend toward uninsured drivers has fallen nationally, the costs associated with these types of drivers has increased. The amount of insurance claims paid involving uninsured motorists 2012 was $2.6 billion. This claim amount is more than 75 percent higher than those claims paid in the 10 year period beginning in 2002.
Uninsured/Underinsured Drivers can Cost You
The costs of uninsured motorists involved in personal injury, property damage and fatalities are bore by those drivers who are responsible and have met their financial obligations through proper insurance protection. What can you do if you have been involved in an accident with an uninsured driver?
It is important to understand your rights as they pertain to uninsured motorists. When involved in an accident with an uninsured driver, where liability lies with that driver, you should seek qualified legal counsel.
An attorney can help protect your rights and begin the process of applying for benefits or taking legal action against the responsible party. An attorney may review a denied insurance claim or file a lawsuit against the driver for the financial costs associated with the damage and any injuries they may have inflicted.
