Do You Have Adequate Insurance for Uninsured Motorist?
- Monday, 23 June 2014 13:42
Oregon laws require insurance companies which conduct business in Oregon to offer coverage for Uninsured Motorist (UM) and Underinsured Motorists (UIM) for all parties who purchase liability auto insurance. The law requires that this coverage is offered, but gives the purchaser the right to refuse or waive the coverage. The lawyers at Berkshire Ginsberg have helped many motorists who have suffered injuries from drivers who are uninsured and we can offer valuable insight into whether or not you have adequate insurance for this type of coverage. We always advise our clients to purchase the highest amount of coverage they can afford, and to never refuse or waive UM or UIM coverage.
What Can Happen If You Do Not Have Adequate Insurance for Uninsured Motorist?
Portland residents often receive injuries in a collision which involves a driver with no liability coverage or only the bare minimum of $25,000 in coverage. If you waive uninsured motorist and underinsured motorist coverage, you take a huge risk that you will be without adequate financial resources to pay for your medical bills and lost wages to help you and your family through a severe or catastrophic injury. Uninsured and underinsured motorist insurance only costs a few extra dollars a month, and it can offer thousands of dollars at a critical point in your life.
Portland Uninsured Motorist Lawyers
If you do need to pursue an uninsured and underinsured motorist claim, you will need a lawyer who understands the complexities that are common with this type of claim. The Portland lawyers at Berkshire Ginsberg recognize the loopholes insurance companies may try to jump through to deny your claim or limit the payout for your claim. Seek our advice and representation to ensure you receive the monies you are owed.