by Scott Blumenshine
If you are injured in a vehicle accident that is clearly the fault of another driver, you may expect that the driver’s insurance will pay for your medical expenses, property damage and time off work. Although Illinois law requires all drivers to carry liability insurance, many drivers do not follow the law and cancel their insurance shortly after they register their cars with the Department of Motor Vehicles.
In fact, the Insurance Research Council (IRC) estimates that 12.6 percent of U.S. drivers are uninsured. The rate varies by state. An alarming 26 percent of Oklahoma drivers are insured, while 13.3 percent of Illinois drivers opt to drive their vehicles on public roadways without any insurance. Another category of drivers have insurance, but they have the minimum required which may not be enough to pay for your damages.
In order to add protection to responsible drivers, Illinois requires drivers, in addition to their basic car insurance, to also have at least a minimum amount of uninsured motorist (UM) insurance coverage, and to add underinsured motorist (UIM) insurance to their policies. The terms are self-explanatory: Uninsured motorist coverage means you can collect from your own policy if you are injured in an accident with a driver who has no insurance. Underinsured means you have coverage in the event you have an accident with a driver who has insurance, but not enough to cover all of your damages.
Important factors you need to remember about your UM and UIM policy provisions include, but are not limited to:
What Is My Case Worth?
When you or a loved one is lying in a hospital bed as the result of the acts of a negligent driver, accumulating medical bills and losing wages due to time off work, you naturally wonder what the case is worth. There is no set formula and each case depends on the actual monetary loss you suffer. You should be able to collect for:
Any other costs you incur related to the accident.
A Personal Injury Attorney Can Help
If you or a family member were injured in an accident with an uninsured or underinsured motorist who was at fault, contact us at the Law Offices of Meyer & Blumenshine for a free consultation. We will review the facts of your case and pursue compensation for you under the terms of your own UM/UIM insurance policy. You can download our free eBook “Uninsured, Hit-and Run, and Underinsured Motorist Coverage in Illinois” for more information.