Experiencing a collision on a motorcycle can lead to significant and extensive injuries. Medical care to treat a person’s wounds and assist their recovery may become extremely costly.
Someone who is attempting to recovery from injuries and stay afloat financially while funding their own medical treatment may feel severely overwhelmed. An injured motorcyclist could also become even more concerned about their recovery and financial situation if the liable party is uninsured. Finding a skilled lawyer who is familiar with uninsured motorcycle accidents in Fremont could greatly help alleviate such a financial burden by filing for financial compensation.
A person who suffered a motorcycle accident may benefit deeply from scheduling an appointment with a resourceful injury attorney. Understanding legal options and how they could influence a person’s future is important.
Importance of Uninsured Motorist Coverage
Ideally, every driver on the roadway would have insurance to cover potential incidents. However, this is not always the case.
Before operating a vehicle, a driver may want to consider purchasing uninsured motorist (UM) coverage. This type of insurance policy applies when the person who caused the accident did not have insurance. Additionally, they may want to consider underinsured motorist (UIM) coverage which may apply if the injured person’s policy limits are higher than the insurance coverage of the person who caused the accident. Uninsured and underinsured motorist coverage may be added to an automobile or motorcycle policy.
With uninsured motorist coverage, if the driver at fault for the accident does not have any insurance, the injured person’s UM policy provides them with benefits up to their policy limits depending on the facts of the case. The underinsured motorist coverage applies if they purchase limits that are higher than the person who caused the accident.
Everyone in Ohio is typically required to have liability insurance with policy limits up to $25,000 for an individual injured in an accident. When someone on a motorcycle is hit by a person who has only the state minimum of $25,000 in liability limits, the cost for medical treatment of their injuries could exceed that. For example, the person who was hurt might have damages that are $100,000, but the person who hit them could only have coverage for $25,000. When an individual purchased an underinsured motorist policy on top of their own auto or motorcycle insurance and their own policy has UIM limit of $100,000, the insurance company for the person who caused the accident pays their $25,000 limit, and the injured person’s insurance company may then pay the difference between that and the UIM policy limits to make sure the injured person is fully covered for their losses, even though the person who caused the accident had a low limit.
Accidents can easily become costly and exceed the minimum liability insurance policy coverage limit. As a result, purchasing as much uninsured and underinsured coverage as possible could be beneficial. There are many uninsured motorcycle accidents in Fremont that result in catastrophic injuries and such an accident could devastate an unprepared individual’s financials.
What is Considered Excess or Umbrella Coverage?
Excess or umbrella coverage is an extra policy that people can purchase. Typically, an umbrella or excess coverage refers to when a person’s automobile and motorcycle accident coverage has extended to a certain point and an additional policy which has further coverage takes over when the underlying policy is totally paid out. If someone has personal assets, for example if they own several homes or properties, they might want to consider an umbrella policy to protect those assets in the event that damages from a motorcycle accident are over and above their auto or motorcycle liability coverage.
Benefits of Obtaining an Injury Attorney
Before responding to opposing counsel or an insurance company, a person who has experienced an uninsured motorcycle accident in Fremont may want to consult a compassionate injury lawyer. Seeking advice about different legal options could significantly help a person who suffered in an accident with an uninsured liable party. Schedule an appointment to discuss the facts surrounding the incident and develop a plan to move forward legally.