Car crashes can be devastating, and when the at-fault driver doesn't have insurance, the situation can quickly become even more complicated; leaving you and your loved ones on the hook for someone else's mistake. That's where uninsured motorist insurance (UM) comes in. UM is a type of car insurance coverage that protects drivers and passengers in the event of an accident caused by an uninsured or underinsured driver. In Louisiana, UM coverage is optional, but it's highly recommended for several reasons.
First, Louisiana has one of the highest rates of uninsured drivers in the country, with an estimated 13% of drivers on the road without insurance. If you're in an accident with an uninsured driver, you could be left paying for the damages out of pocket, which could be financially devastating.
Second, even if the at-fault driver has insurance, their policy may not be enough to cover all of the damages resulting from the accident. In this case, UM coverage can provide additional protection and ensure that you and your passengers receive the care and compensation you need. Our attorneys at TMA Injury Lawyers are skilled in navigating the balance between settling your case with the at-fault driver, as well as your own UM insurer.
When purchasing car insurance in Louisiana, you may have the option to add UM coverage to your policy. It's important to carefully consider the amount of coverage you need and to compare quotes from different insurance companies to find the best policy for your needs and budget. It is important to note that your UM insurer cannot raise your rates because you made a claim against it, nor can it drop you for making a claim.
Here are some key things to keep in mind when shopping for UM coverage:
1. Check the minimum coverage requirements in Louisiana: While UM coverage is optional, there are minimum coverage requirements for liability insurance in Louisiana. Make sure you meet these requirements before adding UM coverage to your policy.
2. Consider your budget: UM coverage will increase the cost of your car insurance policy, so it's important to factor this into your budget. However, the added protection that UM coverage provides is often worth the extra cost.
3. Determine your coverage needs: The amount of UM coverage you need will depend on several factors, including your personal assets, your risk tolerance, and your budget. Consider working with an insurance agent to determine the appropriate level of coverage for your needs.
In conclusion, uninsured motorist insurance is an important type of coverage for drivers in Louisiana. With so many uninsured drivers on the road, UM coverage can protect you and your passengers from financial hardship in the event of an accident. By carefully considering your coverage needs and shopping around for the best policy, you can ensure that you have the protection you need on the road. If you are in need of a Personal Injury Attorney in Baton Rouge, Denham Springs, Hammond, Jennings, Lafayette, Gonzales, Prairieville, Metairie, New Orleans, don't wait, our elite, aggressive trial lawyers are ready to devote their time and resources into getting you the maximum compensation for your injuries.