Understanding Underinsured Motorist Coverage (UIM) in California
In California, dealing with the complexities of insurance coverage can be confusing, especially when it comes to underinsured motorist coverage. It’s important to make a comprehensive understanding of this vital aspect of insurance law in an automobile accident case.
What is underinsured motorist coverage?
Underinsured motorist coverage (UIM) is a type of insurance coverage that provides protection to individuals who are involved in accidents with drivers who have insufficient insurance coverage to fully compensate for the damages incurred. UIM coverage can step in to bridge the gap between the at-fault driver’s insurance limits and the actual damages of the accident. Not everyone has UIM, and you may wish to check with your insurance company even before an accident to consider getting the coverage.
Why is Underinsured Motorist Coverage Important?
California law requires drivers to carry a minimum amount of liability insurance coverage. However, these minimum requirements may not be enough to cover the expenses associated with a serious accident, such as medical bills, lost wages, and property damage. In such cases, underinsured motorist coverage, when available, becomes invaluable, offering financial protection to those who would otherwise be left facing significant financial burdens.
How Does Underinsured Motorist Coverage Work?
When an individual is involved in an accident with an underinsured driver, they can file a claim with their own insurance company under their UIM policy. The UIM coverage can then compensate the policyholder for the remaining damages not covered by the at-fault driver’s insurance, up to the limits of the UIM policy. However, you need to have contracted for this type of coverage with your insurance company. There are rules regarding triggering this type of coverage.
It’s essential for individuals to carefully review their insurance policies to understand the limits of their underinsured motorist coverage. Ensuring adequate coverage limits can provide peace of mind knowing that they are financially protected in the event of a serious accident.
It’s important for policyholders to know any notice requirements specified in their insurance policies. Failing to provide timely notice of a claim could jeopardize their ability to receive compensation under their UIM coverage.
In cases involving underinsured motorist coverage disputes, seeking legal guidance from an experienced attorney can be invaluable. A knowledgeable lawyer can navigate the intricacies of insurance law and advocate for the best possible outcome for their clients.
If you have been injured in a motor vehicle accident at no fault of your own, give us a call today at 530-241-2734.
Mark Cibula is a third-generation attorney in Redding, California, a former mayor, and chairman of the Shasta County Board of Supervisors. He has practiced personal injury law for over 29 years and handled many complex matters, including jury trials. He has earned numerous awards, including the National Trial Lawyers Top 100. He has a B.A. from the University of California at Berkeley, an M.A. from the University of Southern California, and a J.D. from the McGeorge School of Law. Mark is also a long-distance open-water swimmer. His telephone number is 530-241-2734.
Diane Balma is a highly experienced personal injury attorney. Diane graduated from McGeorge School of Law in 1991 and has since been using her advocacy skills to improve the lives of others. Diane has obtained millions of dollars for her clients and is a skilled negotiator and litigator. Diane is also a breast cancer survivor. Diagnosed in 1995, she has been a national figure and effective advocate in the cancer arena for more than 25 years.
*Attorney advertising does not constitute legal advice.*
