Saturday, 25 June 2016

Car Insurance: When You Get Hit By an Uninsured Driver

Usually when car insurance is talked about in cases of accidents, many go with the popular opinion that the victims exchange insurance information. This is done with the hope that the affected insurance company get to pay for the damages. So what happens when the person who hits you is uninsured or underinsured? These are situations that most people don't know how the process would work.

When asked, one of the experts at car insurance in Greater National Group helped give a simple explanation for it. Since we all know the steps to take immediately after an accident, let's just skip to what happens when you discover the person is uninsured or underinsured. The term uninsured or underinsured has different interpretations from one country or state or city to another. If you sustain injuries after a hit from an uninsured driver, your insurance company will pay for your personal damages. If no injury but your car is damaged, you would need to have collision insurance or something similar that covers you in such a situation.

If you do, your insurance company will pay you for all damages and go directly to the uninsured driver to seek reimbursement for the money paid to you. This has nothing to do with you as both parties would settle themselves. If it's an underinsured driver who probably has a policy that covers up to $3000 but you had damages of $7000, your insurance company will pay the additional $4000. Just like in the previous case, they'll go directly and collect the $4000 from the underinsured driver later.

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