Uninsured motorist laws are different from state to state. Iowa laws allow drivers to opt out of uninsured motorist protection. Doing so can leave drivers exposed to thousands of dollars in expenses in the event of accident. An accident should not leave you penniless. Make sure your coverage is adequate.
Uninsured Motorist Coverage - What Is It?
Uninsured motorist coverage can be added to your base insurance coverage to make sure you and your passengers will be compensated in the event of an accident with an uninsured driver. Sometimes people let their insurance lapse without intending to do so and some individuals just fail to carry coverage. No matter the reason, an accident can mean huge expenses. Uninsured motorist coverage protects you and others in case of accident. Your coverage can also protect family members when they are passengers in other vehicles.
Under-Insured Motorist Coverage
Depending on your coverage, under-insured motorist protection may be included under uninsured motorist. Make sure to check with your insurance company to verify your coverage. There are many instances in which an accident causes damages that exceed the limits allowed under an insurance policy. Under-insured motorist protection comes into play when this happens.
Iowa Law
Iowa state law requires that insurance companies offer uninsured and under-insured protection to its clients; however, they can also offer clients the opportunity to opt out of paying for and receiving such coverage. Some states make this coverage necessary. This leaves Iowa residents who opt out in a vulnerable position. Saving a little money in the short run might end up costing you thousands of dollars in the long run. Medical bills, lost wages and pain and suffering expenses can add up in an auto accident case.
It is always a good idea to make sure you know the extent of your insurance coverage before a accident occurs. You don't want to be left with inadequate coverage. Most insurance policies have deductibles that apply to each line of insurance.
Getting Legal Advice
To ensure your best chances at compensation in an uninsured motorist accident, it is best to contact an experienced personal injury attorney who practices in the state of Iowa. An attorney will advise you of your rights, including right to sue, right to compensation, and other rights under Iowa law. Insurance and personal injury law can be complicated. An attorney will advise you of the law and how it impacts your situation.
