What If I am Hurt in a Car Accident with No Insurance Coverage?
If you have been involved in a car accident, in addition to physical pain and mental agony, you may also be struggling with finances in order to pay medical bills and repair costs.
Unfortunately, there are drivers whom are underinsured and are not aware of it. Many car owners feel that minimum coverage is enough. However, minimum insurance coverage may leave a driver without the coverage that is required. Here are some situations to be aware of.
Medical Payment Coverage
Medical payment coverage pays your medical bills irrespective of the cause of the car accident. Medical payment coverage (Med Pay) is optional in Missouri, unlike liability or uninsured motorist coverage. This means Missouri law does not require you to purchase it. You get Med Pay coverage only if you request it at a relatively low cost. With an affordable monthly payment, you get an assurance that more of your deductibles and bills will be paid if you are in a car accident.
Uninsured and Under-Insured Coverage
Uninsured and under-insured coverage offers protection in the event you are involved in an accident caused by a driver who has little or no insurance. Nearly 15 percent of drivers have no insurance. Even if a driver has liability coverage of just $25,000 that is mandated by law, $25,000 may not be enough to cover the expenses of a serious car accident.
Uninsured motorist coverage pays for the medical bills, wage loss, and other damages caused by a driver who has no insurance at all, and under-insured motorist insurance pays if you are involved in an accident caused by a driver that does not have enough insurance coverage. The higher your limit, the more damages you may recover.
Purchasing rental insurance allows you to rent a car that is comparable to the one that you drive. Often times, people buy coverage that is very limited in scope and pays only a part of the cheapest rental for a very short period of time. If you have been injured in a car accident and need to know more about recovering damages, contact The Hoffmann Law Firm, L.L.C. at (314) 361-4242. We help you understand your legal rights.
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