Uninsured and Underinsured Motorist Coverage
New York requires drivers to have uninsured and underinsured motorist coverage. Having these types of coverages provide additional protection to drivers who are involved in auto accidents. Uninsured motorist coverage allows drivers to receive compensation for their expenses through their insurance company when the other driver lacks automobile insurance. Underinsured motorist coverage is another type of protection for insureds, where if the other driver’s insurance policy limits do not cover all the insured’s expenses, the insured’s insurance carrier may cover the expenses and damages that were not covered by the other driver’s policy.
Most people do not know, for example, that often your own insurance policy may cover an accident which did not even involve your vehicle. For example, if you were a pedestrian who was struck by an uninsured vehicle, your automobile insurance policy or that of someone in your household, would step into the shoes of the uninsured vehicle and provide coverage up to the uninsured limits of your policy.
If you or someone in your household did not own a vehicle at the time of the accident, then New York State, through the Motor Vehicle Accident Indemnification Corporation (MVAIC) would provide uninsured benefits including No Fault benefits. The accident must be reported to the police within 24 hours of its occurrence and notice must be given to MVAIC within 90 days of the occurrence.
Although insurance companies may cover some of the expenses people incur after an accident, people sometimes face such severe, debilitating injuries that insurance coverage is not enough. To recover fully for your injuries, seek experienced attorneys to assist you. If you have been injured in an auto accident or you have lost a loved one in an auto accident, contact the Law Firm of Leandros A. Vrionedes, P.C. immediately for skilled, aggressive legal representation.