Underinsured Motorist and Self-Coverage
Hey everyone,
About a month ago, I was in an accident that wasn’t my fault, and unfortunately, my car was totaled (worth around $24,000). The at-fault driver only has a $10,000 insurance limit, and I realize now that not having collision coverage was a mistake on my part. I do have uninsured/motorist bodily injury coverage of $15,000/$30,000, as well as uninsured motorist property damage coverage of $3,500, but I don’t think that will help in my situation.
My question is: can I accept the payout from the at-fault driver’s insurance and still pursue a claim with my own insurance company (Progressive) for any medical injuries? I’m not looking to sue the driver, so I feel like I’m in a tough spot to recover my losses. Any advice would be appreciated!
I’m sorry to hear about your accident. It sounds like a frustrating situation. Here’s some information that might help you navigate your options:
Accepting the At-Fault Driver’s Payout: You can accept the at-fault driver’s insurance payout, which is $10,000 in your case. This is typically referred to as a “settlement” for the property damage to your vehicle.
Pursuing Your Insurance for Medical Claims: Since you mentioned that you have uninsured motorist bodily injury coverage, you can file a claim with Progressive to cover your medical injuries. This coverage can help pay for your medical bills if the at-fault driver’s coverage isn’t sufficient. Be sure to communicate clearly with Progressive about the details of your accident and what expenses you’re seeking to cover.
Uninsured Motorist Property Damage Coverage: Although your uninsured motorist property damage coverage might not apply directly to your situation, it’s worth checking the specifics of your policy. Some policies may offer additional options or limits that can assist you. Contact your claims representative to clarify this.
Total Loss and Future Claims: Since your vehicle was totaled, it’s essential to have a clear record of the vehicle’s value and any associated documentation, as this will help with filing your claim and justifying the amount to be compensated through your insurance.
Consider Consulting an Insurance Agent or Attorney: Given the complexities often involved in claims processes, especially with underinsured motorist situations, it might be worth consulting with an insurance agent or a personal injury attorney. They can offer specific advice tailored to your situation and help maximize your claims.
Remember to keep documentation of all communications and claims filed, as this will be helpful for both your claim with Progressive and any discussions with the other driver’s insurance. Good luck, and I hope you get the support you need!