{"id":1295,"date":"2023-03-24T08:55:31","date_gmt":"2023-03-24T08:55:31","guid":{"rendered":"https:\/\/robertkyounglaw.flywheelsites.com\/?p=1295"},"modified":"2023-03-24T09:03:42","modified_gmt":"2023-03-24T09:03:42","slug":"how-uninsured-drivers-can-hurt-your-wallet-in-a-car-accident","status":"publish","type":"post","link":"https:\/\/robertkyounglaw.com\/es\/how-uninsured-drivers-can-hurt-your-wallet-in-a-car-accident\/","title":{"rendered":"How uninsured drivers can hurt YOUR wallet in a car accident!!!"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"1295\" class=\"elementor elementor-1295\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3e9a3d19 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e9a3d19\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-27130e63\" data-id=\"27130e63\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d0fb0e9 elementor-widget elementor-widget-heading\" data-id=\"5d0fb0e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How uninsured drivers can hurt YOUR wallet in a car accident!!!\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4840fda elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4840fda\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7086c0b\" data-id=\"7086c0b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6deb280 elementor-widget elementor-widget-image\" data-id=\"6deb280\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"360\" height=\"240\" src=\"https:\/\/robertkyounglaw.com\/wp-content\/uploads\/2023\/03\/blog4.png\" class=\"attachment-full size-full wp-image-1297\" alt=\"Legal advice or case studie\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3f8d5dd\" data-id=\"3f8d5dd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba484aa elementor-widget elementor-widget-text-editor\" data-id=\"ba484aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tYour New York State car insurance policy includes various different types of coverage to protect you in the event of an accident. Most of this coverage protects you from liability to others; that is, it pays against the claims of other motorists when you are at fault in the accident. It does not, however, pay you for your own damages (except for basic expenses such as medical expenses and lost wages incurred). When one or more other motorists are at fault, your are paid by the insurance policy of these motorists. But what if the other motorists have little or no insurance, or the other motorists leave the scene of the accident and are never found? In such a situation, there may exist no means of compensating you for your pain and suffering or ongoing lost wages, both of which typically constitute the vast majority of total damages incurred by individuals in automobile accidents.\n\nThis is why Supplemental Underinsured Motorist and Uninsured Motorist (\u201cSUM\/UM\u201d) coverage is so important. SUM\/UM covers you and relatives with whom you reside up to the amount of coverage you purchase, in the event another motorist at fault in the accident has inadequate insurance or leaves the scene of the accident.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0fbf2fe elementor-widget elementor-widget-text-editor\" data-id=\"0fbf2fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tFor example, assuming you incurred $100,000 in pain and suffering in a car accident with an at-fault defendant who purchased an insurance policy having only the New York State minimum liability coverage of $25,000. Without SUM\/UM coverage, you would be able to recover at most $25,000 from the defendant\u2019s insurance company, with the remaining $75,000 in damages being unrecoverable from your own insurance provider, as well as from the at-fault defendant (who, by virtue of purchasing a policy with minimum coverage, likely owns no personal assets which could satisfy the $75,000 deficit). However, if your insurance policy included a $100,000 SUM\/UM policy, you could recover the remaining $75,000 from your own insurance company, even though the defendant was at fault!\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c7e48d elementor-widget elementor-widget-text-editor\" data-id=\"9c7e48d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tWHY DOESN\u2019T EVERYONE PURCHASE ADQUATE SUM\/UM COVERAGE?\n<br\/>\nSUM\/UM coverage is critical to ensure that you are adequately covered in the event of an accident. The coverage is also very inexpensive, usually increasing premiums by only pennies a day. So why do a substantial number of New York motorists fail to include adequate SUM\/UM coverage limits in their policies? Blame your insurance company\/agent. Insurance companies make money when they collect premiums, not when they pay out claims to injured policy holders. The additional premiums these companies receive for SUM\/UM coverage are minimal and often times do not adequately offset the claims made by policy holders with SUM\/UM coverage. For this reason, insurance companies may be incentivized not to educate their policy holders on SUM\/UM coverage and\/or to set default SUM\/UM coverages to inadequate amounts in the hopes that policy holders will not elect to increase the coverage.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-07c6f7e elementor-widget elementor-widget-text-editor\" data-id=\"07c6f7e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe bottom line is don\u2019t count on anyone else to protect you \u2014 protect yourself and your family by making sure you have the maximum SUM\/UM benefits available to you by your insurance company. In the event the need arises, you will be glad you have the benefit available.\n\nIf you have any questions please call our office and we will be happy to assist you.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Your New York State car insurance policy includes various different types of coverage to protect you in the event <\/p>","protected":false},"author":2,"featured_media":1297,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How uninsured drivers can hurt YOUR wallet in a car accident!!! | Robert K. 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