Louisville Personal Injury Attorney says notify UIM carrier now!
If you sustain personal injuries as a result of an auto accident, truck accident or motorcycle accident, it is imperative that your Louisville Personal Injury Attorney immediately notify your own insurance company of a potential underinsured motorist claim. Louisville Personal Injury Attorney Matt Troutman of the Troutman Law Office knows the importance of the underinsured motorist claim and always notifies the insurance company of this potential claim immediately.
“UIM” Claim defined by Louisville Personal Injury Attorney
When you are injured in a motor vehicle accident many times the at fault party does not have enough insurance to pay your claim. Most drivers in Kentucky maintain the minimum liability insurance limits of $25,000.00 and this amount of insurance is often not sufficient to pay all the damages of someone injured in a motor vehicle accident. If the at fault party does not have enough insurance to pay your claim, the only way you can obtain full compensation or greater compensation is if you purchased underinsured motorist insurance that will supplement the liability insurance of the at fault driver. For example, your damages are $50,000.00 and the at fault driver has $25,000.00 in liability insurance, you will collect that $25,000.00 and then collect the remaining $25,000.00 from your own insurance company through an underinsured motorist claim.
Louisville Personal Injury Attorney believes in Early Notification of UIM Claim
Many Louisville personal injury attorneys representing personal injury victims in a motor vehicle accident focus their attention on the liability insurance for the individual causing the accident and forget about a potential underinsured motorist claim. The reason this happens is that the attorney probably does not know the limits of the liability policy (Kentucky law does not require the insurance company to reveal their limits until a lawsuit is filed) and, therefore, does not know that his client will need to make an underinsured motorist claim. At the Troutman Law Office, the underinsured motorist carrier is notified immediately of a potential claim to protect the client in the event that the at fault party has insufficient insurance to pay their claim. Early notification of a potential underinsured motorist claim is important because insurance policies require this notification as part of the insured’s duty to cooperate. If this notification is not given within a reasonable time after the accident, then many of the insurance policies give the insurance company the right to deny coverage. Also, If a Louisville Personal Injury Attorney waits until after he has negotiated a settlement with the liability carrier (or has litigated his case against the liability carrier’s insured), before he notifies the underinsured motorist carrier of a claim, he may have caused his client to lose that claim.
Contact Louisville Personal Injury Attorney on your motor vehicle accident claim for free case evaluation
The Troutman Law Office has handled motor vehicle accident cases since 1986. If you have a serious injury due to a motor vehicle accident, contact Matt Troutman of the Troutman Law Office to protect your rights and make sure you receive the highest recovery possible. You can call Matt directly or email him at firstname.lastname@example.org.