You are out for a drive when someone turns into you and wrecks your vehicle, or maybe you are out for a jog when someone hits you, putting you in the hospital for months. Typically, those hurt in a car crash can depend on insurance.
All drivers in Wisconsin have to carry a mandatory amount of insurance to legally register their vehicle or drive on public roads. Unfortunately, writing something into law doesn’t immediately mean that people will follow that law. There are still many people who allow their insurance coverage to lapse or who cancel their policies on purpose.
What happens if you get into a crash by a driver with a lapsed or intentionally canceled insurance policy?
Your own insurance policy helps to protect you
Wisconsin actually has more thorough mandatory insurance requirements than many other states. Drivers must carry protection from liability if they hurt someone else or damage their property. The state also requires that every driver carry uninsured and underinsured motorist coverage.
This crucial protection allows you to make a claim against your own policy if you get into a crash caused by a driver without an insurance policy. In fact, your policy will protect you from losses that exceed the insurance available from a driver with mediocre insurance.
Your policy will protect you from property damage and medical losses in a crash with an uninsured driver. It may even protect you from losses you suffer when you are walking or biking if the other driver does not have insurance.
Making a claim against your policy will increase what you pay
There is a downside to uninsured and underinsured motorist protection, and that downside is the impact of a claim on your future premium amount.
After a crash with catastrophic losses, such as a vehicle declared a total loss or a severe injury, like a brain injury, the losses you suffered could amount to hundreds of thousands of dollars. Making a claim of that size against your own policy will drastically increase your future insurance costs.
A personal injury lawsuit against the uninsured driver can be a means of recouping those losses without increasing your own insurance premium or covering costs that exceed what your policy will pay. Learning more about the insurance coverage available to you after a wreck with catastrophic consequences can help you get the compensation you deserve.