Every driver in California is required to carry liability insurance. However, there are many different levels of coverage. While the state does establish a minimum level of coverage, you should understand this minimum when considering your own insurance policy. Another driver’s insurance policy can have an incredible impact on your ability to recover damages after an automobile accident.
The state of California requires drivers carry to liability insurance of $30,000 for injury of more than one person, $15,000 for injury of one person, and $5,000 for property damage. While exact statistics are not available on which policies people choose the most (every insurer is different and they do not share their customer data with one another), the majority of California drivers elect to hold only the minimum level of insurance coverage. Only a very small percentage have coverage of more than $100,000 for injuries to a person.
Consider what this might mean for a potential settlement, or for dealing with a personal injury. Medical bills from a car accident can quickly skyrocket past $15,000. If you have ever been in the emergency room for a broken bone or sprained ankle you have seen firsthand how quickly costs can get out of control. If your bills exceed the total value of the other motorists’ liability insurance, recovering your costs can become extremely difficult.
It is for these reasons that West Coast Trial Lawyers strongly advises that all drivers invest in underinsured motorist coverage. Underinsured motorist coverage can step in to fill the gaps when another driver’s insurance is falling short, and can potentially save you from a massive financial disaster. It is in your best interest to consult with an experienced Los Angeles car accident lawyer in order to proceed with confidence and get the best possible coverage.