Connecticut law requires all motorists to carry minimum liability insurance limits of $40,000 per accident and $20,000 per person. This liability insurance generally covers the accident victim’s medical bills, lost wages, and pain and suffering.
However, despite these requirements, an alarmingly high number of drivers do not carry any insurance. According to a 2011 survey by the Insurance Research Council, approximately 10% of the drivers in Connecticut were uninsured. According to the Insurance Research Council, 1 out of every 7 drivers in the U.S. is uninsured, and about 12% of drivers in Connecticut do not have auto insurance. It is therefore vital that all Connecticut drivers obtain their own insurance coverage in the event of an accident caused by an uninsured driver.
What is Uninsured Motorist Coverage and why is it needed?
According to the Connecticut Insurance Department, “Uninsured/underinsured motorist coverage covers bodily injury to you, your relatives who live with you and your passengers if they are injured in an accident caused by an uninsured motorist, a motorist whose bodily injury liability limits are less than your uninsured/underinsured motorist limits, or a hit-and-run driver. The standard coverage is an amount equal to your bodily injury liability coverage, but you may purchase additional coverage up to an amount double your bodily injury liability.”
Uninsured motorist coverage, as a part of an auto insurance policy, helps in covering the costs related to injuries sustained in an accident with an uninsured driver. At the same time, drivers can also purchase underinsured motorist coverage to protect them if they are in an accident with a driver who has minimal or insufficient insurance to cover their expenses.
Connecticut law requires every driver to purchase uninsured/underinsured motorist coverage. This coverage is important because it protects individuals when they are in an accident with an at-fault driver having no insurance or who does not have enough insurance. Connecticut offers optional uninsured motorist conversion coverage, which lets the injured person to utilize their own policy to cover their expenses. The other driver’s coverage will be utilised up to its limits, and the injured persons’ uninsured motorist conversion coverage will pay the rest of the balance.
Uninsured motorist coverage can also be used if the negligent party is unknown, such as in a “hit and run” case where the driver causing the accident flees the scene prior to being identified. In either event, the injured party simply makes a claim with their own insurance company, which takes the responsibility of the negligent party to cover the policyholder’s losses.
Call the Reinken Law Firm at 203-541-0090
If you are considering whether or not you need uninsured motorist coverage, call the Reinken Law Firm for assistance. Call us at 203.541.0090. You can also contact us online to schedule a free consultation.