Car accidents involving uninsured or underinsured drivers are a growing concern in Connecticut, posing significant financial challenges for many motorists. Waterbury car accident lawyer Dan Petroskey from DeFronzo & Petroskey P.C. emphasizes the importance of understanding uninsured and underinsured motorist (UM/UIM) claims for drivers seeking recovery following a collision.
Despite state mandates requiring vehicle insurance, numerous drivers on Connecticut roads lack adequate coverage. In such instances, having UM/UIM coverage under your own insurance policy can be crucial. Petroskey explains that this type of coverage serves as a vital recourse for financial recovery against uninsured drivers or when the at-fault driver’s insurance limits are insufficient.
The prevalence of UM/UIM claims is notably increasing in Connecticut, especially in urban areas such as Waterbury, where traffic incidents are frequent. Petroskey points out that many drivers either overlook the existence of this coverage or are unaware of how to utilize it during times of need. He emphasizes, “Uninsured and underinsured motorist coverage is one of the most important protections on your policy.”
Connecticut law mandates a minimum UM/UIM bodily injury coverage of $25,000 per person and $50,000 per accident, which reflects the state’s minimum liability insurance requirements. This coverage is designed to address bodily injuries suffered by drivers, passengers, and family members when the responsible party lacks insurance, has insufficient coverage, or cannot be identified, as in the case of a hit-and-run.
In accidents involving uninsured drivers, recovery often hinges on the injured party’s own insurance coverage, as pursuing a judgment against an uninsured driver may not yield any compensation if they lack assets. Underinsured motorist claims are applicable when the at-fault driver has insurance, but the policy limits fall short of covering total damages. For instance, if a driver incurs $150,000 in losses and the at-fault driver’s insurance only covers $25,000, the injured party may obtain the remainder through their own UIM coverage, as long as it does not exceed policy limits.
Connecticut also provides an option for underinsured motorist conversion coverage. This enhancement allows policyholders to collect both the at-fault driver’s insurance payment and their own UIM coverage without a reduction in limits. However, purchasing this option is the responsibility of the driver, despite insurance providers being required to offer it upon new policy initiation.
Strict timelines apply for UM/UIM claims, with Connecticut’s statute of limitations allowing three years from the accident date to seek legal action. Additionally, under certain conditions, deadlines may be extended. However, insurance policies typically require prompt accident reporting, and failing to adhere to these requirements can complicate claim approval.
Challenges often arise from disputes over liability, causation, and damages, particularly under Connecticut’s modified comparative negligence rule. Insurers may contest the extent of injuries, treatment validity, or monetary value of pain and suffering. Also, coverage exclusions may restrict claims, including injuries sustained in uninsured vehicles owned by the policyholder.
Moreover, Connecticut law restricts stacking UM/UIM coverage across multiple vehicles or policies, necessitating careful selection of coverage limits at the policy purchase or renewal stage.
Although straightforward cases may be manageable, the need for legal representation increases in complex scenarios involving severe injuries or disputes over liability or coverage denial. Petroskey and his firm are dedicated to assisting clients in crafting comprehensive claims, communicating with insurers, and seeking maximum compensation in line with both state laws and policy terms.
For Connecticut drivers, choosing higher UM/UIM limits and considering optional conversion coverage represents a proactive approach to shielding against the financial impact of serious accidents. Given the prevalence of underinsured drivers, this strategy is particularly wise in regions like Waterbury, where accident rates remain elevated.
With the right coverage and legal assistance, drivers can safeguard their well-being and financial future following accidents involving uninsured or underinsured parties. Petroskey underscores that having a clear understanding of how UM/UIM claims function is paramount for navigating the aftermath of such distressing situations.
DeFronzo & Petroskey P.C. is committed to representing those injured in motor vehicle collisions and guiding them through the claims process to secure fair compensation under Connecticut law.