A Helpful Guide About Uninsured and Underinsured Motorist Coverage

Every time you hit the road, you trust that other drivers are as responsible and prepared as you are. But what happens when that trust is broken? A sudden accident can leave you facing a mountain of medical bills, car repairs, and lost wages. It’s even worse if the at-fault driver doesn’t have insurance or doesn’t have enough coverage to pay for your damages. Uninsured and underinsured motorist coverage (UM and UIM) can be the financial safety net you need, ensuring you’re not left to shoulder the burden alone when an accident occurs.

Navigating the aftermath of a car accident involving an uninsured or underinsured driver can be challenging and overwhelming. At Mintz Law Firm, we’re dedicated to helping you secure the compensation you need to recover fully. Contact us today for a free consultation, and let our experienced team guide you through the process so you can get back on the road to recovery with peace of mind.

A Helpful Guide About Colorado Uninsured and Underinsured Motorist Coverage

Getting into a car accident is a stressful experience, and it can be even more overwhelming if the other driver doesn’t have enough insurance to cover your damages or, worse, has no insurance at all. This is where uninsured motorist (UM) and underinsured motorist (UIM) coverage come into play: 

• Uninsured Motorist (UM) Coverage: This protects you if you’re in an accident with a driver who does not have any insurance. In these situations, if the uninsured driver is at fault, UM coverage can pay for your medical expenses, lost wages, pain and suffering, and other costs associated with the accident.
• Underinsured Motorist (UIM) Coverage: This kicks in when the at-fault driver has insurance, but their policy limits aren’t enough to cover all your expenses. For example, if the at-fault driver has a $25,000 insurance limit but your damages total $50,000, your UIM coverage can help bridge the gap.

Colorado law requires all drivers to carry liability insurance, which covers damages they cause to others. However, many drivers either don’t have insurance or have insufficient coverage, meaning there’s a substantial risk of being involved in an accident where the other party cannot fully compensate you for your losses. UM and UIM coverage provides a crucial safety net, ensuring you can still receive compensation even if the at-fault driver cannot pay.

What Does UM and UIM Coverage Include?

UM and UIM coverage can compensate you for a variety of damages, including:

• Medical Expenses: Covers hospital bills, surgery costs, physical therapy, and other related medical expenses.
• Lost Wages: Reimburses you for income lost due to time off work while recovering from your injuries.
• Pain and Suffering: Compensation for the physical and emotional distress caused by the accident.
• Property Damage: Some UM policies also cover damage to your vehicle or personal property, although this may require additional coverage options.

Uninsured and underinsured motorist coverage ensures you are financially protected even if the other driver in an accident cannot cover your expenses. 

How Much UM and UIM Coverage Should You Have?

In Colorado, insurance companies typically offer UM and UIM coverage that matches your liability coverage limits. For instance, if your liability coverage is $100,000 per person and $300,000 per accident, you could opt for the same limits for your UM and UIM coverage.

How Mintz Law Firm Can Help You with UM and UIM Claims

At Mintz Law Firm, we understand the stress and uncertainty that follows an accident, especially when the other driver is uninsured or underinsured. Our experienced team has spent decades helping Colorado drivers navigate these complex situations, ensuring they receive the compensation they deserve. We know how to handle the insurance companies and fight for your rights to get the maximum coverage possible under your UM and UIM policies.

By choosing Mintz Law Firm, you’re not just getting a legal representative; you’re getting a dedicated team that prioritizes your recovery and peace of mind. We take the time to understand your unique situation, offering personalized attention and regular communication throughout the legal process. Contact us today for a free consultation at (303) 462-2999 or visit our contact form.