Driving can be unpredictable. Even though we hope for smooth journeys, accidents can happen, sometimes involving uninsured or underinsured drivers. This is why it is vital to understand your motorist coverage and know what to do if the unexpected occurs.
What is uninsured motorist coverage?
Uninsured motorist coverage safeguards you in an accident with a driver lacking insurance. In North Carolina, this coverage is required for all auto insurance policies with minimum bodily injury and property damage limits. It helps pay for injuries and damage to your car caused by drivers without insurance.
What is underinsured motorist coverage?
Underinsured motorist coverage is used when the driver at fault does not have enough insurance to cover the damages. This coverage lets you claim the difference between the other driver’s insurance limits and your underinsured motorist limits. It helps you avoid paying out of pocket for an accident that was not your fault.
Knowing the difference between uninsured and underinsured motorist coverage can help you choose the right insurance policy. Without proper coverage, you might have to pay a significant amount of money after an accident. These coverages act as a financial safety net, so you can focus on getting better instead of worrying about medical bills and car repairs.
How to file a claim after an accident
In North Carolina, you should file your uninsured or underinsured motorist claim immediately. Technically, you have three years from the accident date to resolve a claim or file a lawsuit, but notifying your insurance company immediately is essential. This ensures that your insurance company handles your claim quickly and helps you avoid problems with coverage.
Additionally, getting help from a lawyer can be helpful. Lawyers can assist you with the complicated insurance claims process, ensuring you meet all requirements and deadlines. They can also help you get the most compensation, especially if your insurance company denies your claim or does not offer enough coverage for your medical bills.
Uninsured and underinsured motorist coverage are key parts of your auto insurance policy. They protect you financially if you have an accident with a driver who does not have enough insurance. By understanding your coverage options and seeking legal help, you can be ready to handle such situations. Remember, your safety and peace of mind are important, and having the right insurance coverage is a big step in protecting them.