What If When You Get In A Car Wreck And The Other Person Has No Insurance?
No one wants to think about having an auto accident – it can affect nearly every aspect of your life, including your personal finances. This is why most people carry auto insurance – it provides protection against financial ruin if an accident occurs. You may wonder, though, what happens if you get in a car wreck, and the other person has no insurance.
The Best Case – You Have Uninsured Motorist Coverage
If you purchased uninsured motorist coverage when you started your policy, you may have little to worry about. Uninsured motorist coverage pays for your expenses if you get in a car wreck and the other person has no insurance. Like liability coverage, there are two elements to uninsured motorist coverage. Uninsured motorist bodily injury coverage pays for your medical expenses, while uninsured motorist property damage pays for your car and personal property. These coverages will pay up to the limits you chose when you started your policy. As long as you carry high limits, your expenses will be taken care of by your own insurance company.
The Worst Case – The Other Person Has No Insurance, and You Have No Uninsured Motorist Coverage
If you do not carry uninsured motorist coverage, and you are in a car wreck caused by a driver with no insurance, your insurance policy will not pay for your medical expenses – in this case, you will need to rely on your health insurance to take care of your medical bills. Your car will also not be paid for unless you carry collision coverage. If you cannot pay for your expenses through health insurance or collision coverage, you can opt to sue the other driver for your damages. Typically, though, if a driver cannot afford car insurance, it is unlikely that he or she will have the money to pay your expenses, even if you win the case.
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- What is Automobile Liability Insurance?
- What Types of Car Insurance Are There?
- What is No-Fault Automobile Insurance?
- What is Full Coverage Car Insurance?
- What is the Cheapest Car Insurance?