Oftentimes, clients ask me, “What is an underinsured motorist claim?” Well, an underinsured motorist claim is just that. The party who was careless and caused the collision did not have enough insurance to adequately compensate the injured parties for their harms and losses. What does that mean? In typical laymen’s speak, the person who hit you had a minimum limits of $15,000 per person, $30,000 per accident in California. Oftentimes the harms and losses you suffer, such as pain, suffering, bodily injury, wage loss exceed that $15,000 per person limit, or even a higher limit if that is a very serious case. An underinsured motorist claim is coverage that affects you and is purchased through your own policy to protect you from underinsured motorists. It really causes the other party to step into the shoes of the other driver’s insurance company that hit you, and then you have to make a claim against your own insurance to show all the harms and losses which you suffered.
How can it really affect you? Well, again, as I say, in California, a large percentage of drivers have minimal limits. The harms and losses caused by motor vehicle collisions can be more than the $15,000 or even $25,000 per person limits. In those instances the underinsured motorist steps in and provides an additional level of coverage up to the amount you paid for to cover you for the harms and losses. Why am I telling you this? Well, if you are reading this, you have questions. I have answers. My number is 559-436-0850. I’d like you to call me so I can answer those questions for you.