(702) 857-6000Do You Have Underinsured Motorist Insurance?
If you live in Nevada and drive a vehicle, then you must purchase auto insurance. In addition to the minimum coverage requirements, it is also possible to purchase additional coverage. One additional coverage option to consider is underinsured motorist insurance. Here, we will discuss Nevada’s auto insurance requirements and the importance of Las Vegas uninsured motorist coverage.
Your choice of a Las Vegas personal injury lawyer is one of the most consequential decisions you will ever make. Take the time to choose wisely and select Anthem Injury Lawyers. Contact Anthem Injury Lawyers at (702) 857-6000 to schedule a free consultation. Read to learn about Las Vegas Uninsured Motorist Coverage.
Nevada’s Auto Insurance Requirements
If you are new to Nevada or new to driving, then you may be unfamiliar with Nevada’s auto insurance requirements. In Nevada, all drivers must purchase auto insurance, specifically an auto liability insurance policy. Liability insurance coverage only protects you if you are liable for an accident. It pays for the injuries to others or damage to their property. This type of insurance coverage does not provide coverage for you, your passengers who are your resident relatives, or your property.
On July 1, 2018, the requirements for minimum automobile liability insurance changed. At present, all drivers in Nevada must maintain a minimum automobile liability insurance policy of:
- $25,000 for bodily injury or death of one person in any one crash;
- $50,000 for bodily injury or death of two or more persons in any one crash; and
- $20,000 for injury to or destruction of property of others in any one crash.
The above requirements are the minimum amount of insurance you have to purchase. You can purchase additional types of auto insurance that offer more coverage protection than the minimum level of coverage required.
Even if you have the proper insurance, it can still be difficult to deal with insurance companies after a car accident. If you are injured in a Las Vegas area car accident, contact the experienced personal injury lawyers at Anthem Injury Lawyers. We have the experience necessary to help you win the compensation you deserve as a Las Vegas car accident victim. We have won many cases like yours for significant compensation. Get what you deserve as a Las Vegas car accident victim. Call Anthem Injury Lawyers at (702) 857-6000 to make an appointment for a free consultation.
Types of Auto Insurance Policies
Auto insurance provides drivers and passengers financial protection from accidents or other vehicle-related accidental occurrences. There are many different types of auto insurance policies, including the following as provided by the Nevada Division of Insurance:
- Liability coverage is the type of coverage discussed above. Liability insurance helps to cover the cost of injury to another person and property if you are responsible for the accident.
- Collision insurance, unlike liability insurance, provides coverage for damage to your vehicle in a crash, regardless of who is at fault. Collision insurance can either provide payment for the repair of your vehicle or a monetary payment to compensate for your loss.
- Comprehensive coverage insures you against theft or other damage to your vehicle resulting from causes other than collision, including wind damage and damage from falling objects, fire, flood, or vandalism. Keep in mind that neither collision insurance nor comprehensive coverage will pay for your injuries or your passengers’ injuries caused by a crash.
- Just because Nevada requires that drivers have insurance doesn’t necessarily mean that all drivers comply. According to a report from the Insurance Research Council, one in eight drivers is uninsured. Uninsured motorist coverage helps to protect you against uninsured drivers. If you are injured in a crash where the other driver is at fault and does not have insurance, this Las Vegas uninsured motorist coverage will pay you and your passengers’ medical expenses.
- Underinsured motorist insurance is similar to uninsured motorist coverage except it protects against drivers who do have insurance, but not enough insurance coverage to pay for all of your loss. It is what we will discuss in the next section.
- Medical payment coverage pays for treating your injuries and your passengers’ injuries, regardless of who is at fault. It also pays for treating injuries if a motor vehicle strikes you as a pedestrian.
- Gap insurance provides coverage for the difference between what a vehicle is currently worth and the amount that is actually owed on it.
After an accident, you do not have to deal with insurance companies alone. Let the law firm of Anthem Injury Lawyers deal with the insurance companies and other parties that are not on your side. We are here for you. If you are worried about affordability, you should know that our lawyers work on a contingency fee basis. This means that we only get paid if we win your case. Don’t delay! Contact Anthem Injury Lawyers at (702) 857-6000 today to schedule a free consultation.
Underinsured Motorist Insurance
As mentioned above, underinsured motorist insurance provides additional coverage above the minimum insurance requirement. This can make a huge difference in an injury accident because medical bills can add up quickly.
If you are injured in an accident due to the fault of someone else, their insurance may be an option to pay for your injuries and property damage. However, have you thought about what happens if the cost of your injuries exceeds their insurance coverage? Underinsured motorist insurance can help to cover costs if you are in an accident and your vehicle damages or bodily injury expenses exceed the at-fault driver’s insurance policy limits.
If you are considering underinsured motorist insurance, talk to your insurance provider about your coverage options. Underinsured motorist bodily injury coverage typically provides compensation for the following accident-related expenses:
- Medical
- Funeral
- Loss of income
- Pain and suffering
You may also ask about underinsured motorist property damage coverage. This type of coverage is available to pay for the repairs to your vehicle. Without coverage, you may have difficulty financing the repair of your vehicle.
Experienced Las Vegas Personal Injury Lawyers
We hope the above discussion helps you understand the importance of underinsured motorist insurance. Underinsured motorist insurance is especially important if a driver injures you in a car accident.
Do you know what else is important if you are injured in a car accident? Contacting the law firm of Anthem Injury Lawyers. If you are injured in a car accident, you need the expertise that only a top personal injury lawyer can provide. Anthem Injury Lawyers have over 25 years of experience winning compensation in personal injury cases. Get the best car accident attorneys in Las Vegas on your side. Call Anthem Injury Lawyers today at (702) 857-6000 to make an appointment for a free consultation.
