Underinsured / Uninsured Claims
Although every driver in Michigan is required to have liability insurance, more than 25% of drivers are uninsured. Drivers who do have insurance can also have as little as $50,000 in liability coverage. This means that if you are seriously injured in a motor vehicle crash, there is a real possibility that the at-fault driver will not have adequate insurance coverage to be able to compensate you for your losses. Additionally, if you are involved in a hit-and-run crash and cannot identify who the fleeing driver was, you will not be able to bring a lawsuit to seek compensation for your injuries. Hit-and-run crashes are more common than most people think, making up about 10% of all crashes in Michigan.
The solution to these realities is uninsured and underinsured insurance. This is optional coverage that you can add to your car insurance policy. If you are injured in a crash where the at-fault driver has no insurance or cannot be found, uninsured motorist coverage will allow you to recover the damages you would have pursued from that uninsured driver from your own insurance company. If you are injured in a crash and your damages are more than the at-fault driver’s policy will cover, underinsured motorist coverage will make up the difference.