A client may discover the value of having UM\/UIM coverage when the at-fault driver is underinsured or even worse, uninsured.\u00a0 Ironically, UM\/UIM insurance is often the most inexpensive form of insurance coverage.\u00a0 In the era of COVID-19, many families are analyzing and adjusting their auto insurance coverage.\u00a0 It is time to ensure you have appropriate UM\/UIM coverage.<\/p>\n
If you follow this advice, you will protect yourself and your family from going uncompensated when an uninsured or underinsured driver causes you harm.\u00a0 Consider the following example: A client we recently consulted with was rendered totally disabled when she was hit by an at-fault driver.\u00a0 Unfortunately, the person who caused the accident only had a $15,000 insurance, and no significant personal assets, covering only a fraction of the client\u2019s medical expenses, and no compensation for future medical and attendant care needs, loss of earnings, pain and suffering, and emotional distress.<\/p>\n
Fortunately, the client had uninsured\/underinsured motorist coverage with limits of $250,000 per accident, and an \u201cumbrella\u201d policy of an additional $1,000,000 of coverage.\u00a0 This was insurance she had bought from her own insurance company to protect herself.\u00a0 The result was the ability to collect the full policy limits<\/em> of $1,250,000 from her own insurance company, which prevented total financial devastation, which would have occurred without underinsured motorist coverage.<\/p>\n Unfortunately, all too often we consult with clients after catastrophic accidents that do not have uninsured\/underinsured motorist coverage (or minimal insurance coverage).\u00a0 To remedy this problem, we recommend that all consumers carefully review their insurance policy coverage to ensure they have adequate policy limits in the event of an accident caused by an uninsured\/underinsured motorist<\/u>.\u00a0 You can verify coverage by contacting your insurance agent, and\/or review your insurance policy \u201cDeclarations\u201d page to determine if you have \u201cCoverage U\u201d and the amount.\u00a0 Keep in mind the minimum limits allowable by law are quite frequently not even close to sufficiently cover the medical and economic loss associated with moderate injury accidents.\u00a0 Unfortunately, many insurance companies and their agents fail to bring low policy amounts to the attention of their insureds \u2014 which can result in consumers who are under- protected against the devastating losses caused by irresponsible uninsured\/underinsured drivers.<\/p>\n If you have questions or concerns about your insurance, feel free to give us a call.\u00a0 Or, contact your insurance agent to assure you have adequate underinsured\/uninsured motorist insurance coverages in place to protect you and your loved ones.<\/p>\n Contact<\/a>\u00a0Aitken * Aitken * Cohn today to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":" A client may discover the value of having UM\/UIM coverage when the at-fault driver is underinsured or even worse, uninsured.\u00a0 Ironically, UM\/UIM insurance is often the most inexpensive form of insurance coverage.\u00a0 In the era of COVID-19, many families are analyzing and adjusting their auto insurance coverage.\u00a0 It is time to ensure you have appropriate… read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,12],"tags":[410],"class_list":["post-5234","post","type-post","status-publish","format-standard","hentry","category-articles","category-blog","tag-insurance"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/posts\/5234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/comments?post=5234"}],"version-history":[{"count":0,"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/posts\/5234\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/media?parent=5234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/categories?post=5234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aitkenlaw.com\/newsite\/wp-json\/wp\/v2\/tags?post=5234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}BE ON THE LOOKOUT TO MAKE SURE \u201cU\u201d ARE COVERED!<\/h2>\n