First of all, it is important that you have this more than any other type of motor vehicle insurance coverage. Underinsured Motorist coverage applies when the person, who negligently hurt you, or a resident family member, had automobile liability insurance (but doesn’t cover your actual injury costs).
Obtaining Underinsured Motorist Coverage Benefits
You know you deserve compensation. If handled properly, you can collect UIM benefits as soon as it’s clear that the value of your claim exceeds the amount of insurance carried by the driver who caused the accident. There have been some very complicated, and very important, legal decisions in 2010 which affect your rights to Underinsured Motorist coverage when the other drivers insurance company still hasn’t paid you. You must be very careful about the steps you take with UIM coverage.
Insurance companies generally do not like to pay underinsurance claims. They may refuse to pay you the amount that you deserve. You purchased UIM to protect you and your family against an underinsured driver. Do not let an insurance adjuster deny you this benefit. In this video, auto accident attorney Jon Ostroff give examples of how this might affect you.