Personal Injury Attorneys of Denver have to deal with much car accident injury cases where the at-fault driver is not insured. This makes it critical for the victim and makes them scratch their heads that how will they deal with them now? Certain questions take up the room in victim’s mind which makes them think whether or not they will receive any compensation.
Though Denver, Colorado laws prohibit driving of auto, car, motorcycle, trucks or any other vehicle to drive without being insured, you can still find drivers who are not insured in anyways. The common reasons for doing so are probably any of the two:
- Either the driver ran out of money and lapsed the time of redeeming the insurance policy. Thus, they have not covered anymore.
- He possesses the kind of insurance policy which cannot cover-up your damages and injuries and hence are of no use to you.
Numbers of questions are flooded in your mind when you get involved in an auto accident against the uninsured or underinsured driver and they could possibly amongst the following:
- What is uninsured motorist (UM) or underinsured motorist (UIM) coverage?
- What should I do if another driver is not insured?
- Who will pay for my accident injuries or damages?
- What if my insurance company back off from refund?
- When can I file Personal Injury Claim?
- What to do next?
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| Kimberly Wallen |
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What are UM Insurance Requirements in Colorado?
The insurance requirements can be classified into two categories:
- Body Injuries Coverage
- Property Damage Coverage
Every driver on road, no matter what vehicle he is driving, needs to get insured with a minimum of $25000 coverage. This was for type #1 insurance, while for type #2; the driver needs to have minimum $15000 to pay-off the plaintiff if any such scenario arises.
It is to be noted that before 2003, Colorado was ‘no-fault’ state but since then, the state works on ‘tort system’ wherein the claiming party needs to prove the fault before claiming the amount from the insurance company.
Who are the responsible parties to pay off claims?
You can claim your compensation from two parties: defendant and your own insurance company. The question here is who should you claim and when? Here is your answer:
- If the defendant is in a situation equal to bankrupt, there is no way you can expect compensation from them. They are not in a situation to pay your claims.
- Since the first option is closed for you, you have to file claims from your own insurance company. Here, the amount of compensation you will receive is same as the amount you have paid for your insurance to date.
How to deal with your own insurance company if the deny paying?
Even if it is not totally your fault, your insurance company may deny paying your compensation amount in case of uninsured motorist’s coverage. In such cases, you don’t need to panic and instead let the experts handle them legally.
Don’t panic since we are ready to fight for your rights. Call one of the best Car Accident Lawyers firms of Denver now on 303-779-5300. An initial consultation is at NO COST!
Hi,
ReplyDeleteIf you did not know beforehand or were not under any obligation to know that the other driver was uninsured and you have comprehensive cover, you can use that cover to claim. This means that even if the other driver was uninsured if they caused your accident, you still have compensation rights. Otherwise, the MIB or Motor Insurer Bureau may also be able to assist you with your claim. Car insurance payers fund it. It compensates road accident claims caused by non-traceable or uninsured drivers.