Three Reasons You Should Increase Your Uninsured/Underinsured Motorist Coverage in Nevada
Last Updated on September 26,2023
If you experience an accident caused by an uninsured or underinsured driver, you may have difficulty obtaining compensation for your damages. There is no way to know what type of insurance a dangerous driver has until it is too late. The injuries you suffer may prevent you from working, resulting in massive medical bills and other expenses. Protecting yourself from such a stressful situation is possible by increasing your uninsured/underinsured motorist coverage.
1. Dangerous Drivers and Liability
Dangerous drivers surround us every day along Las Vegas city streets and Nevada highways. Driving defensively is one method of ensuring you arrive at your destination safely; increasing your insurance coverage is a method of protecting your medical needs if you do not.
Nevada requires drivers to have the following minimum types of insurance:
- $25,000 bodily injury per person
- $20,000 property damage coverage
- $50,000 bodily injury coverage per accident
These amounts are the bare minimum drivers must possess to operate a vehicle. The high cost of medical care for serious injuries is why increasing your underinsured motorist coverage is a smart idea for protecting you in an accident.
A driver with no insurance is an especial threat to your finances in the event of an accident. Their inability to pay anything makes a civil lawsuit generally a non-option for compensation. Protecting your need for possible medical treatment is vital. An investment in your uninsured motorist coverage may seem like a lot to pay now but will serve as invaluable when and if you ever need it.
2. Serious Injuries Are Expensive
A traumatic car accident can result in catastrophic injuries that require a lifetime of care. Consider the costs associated with the following types of injuries:
Traumatic brain injury: According to the Centers for Disease Control (CDC), a brain injury is a bump, blow, jolt, or penetrating head injury that disrupts normal brain function. A severe, traumatic brain injury can impact a loved one’s ability to communicate, mobility, and more.
The care your loved one requires may make placement in a skilled nursing facility necessary. The cost of 24-hour care is prohibitive, with costs averaging $8,821 per month. When the brain injury results from the negligent acts of an uninsured or underinsured driver, the expenses are unmanageable for most accident victims.
Spinal cord injury: A spinal cord injury impacts the body to experience movement and sensation. The paralysis that results generally requires major life changes, including:
- A power chair for mobility
- Home modifications for the power chair
- Vehicle modifications or accessible transportation
The Christopher and Dana Reeve Foundation reports that the average costs can reach millions of dollars throughout a patient’s lifetime. Replacing medical equipment, therapies, and more can make these costs stressful for you and your loved one.
The minimum auto insurance coverage required by Nevada does little to cover these costs and other serious injuries. An uninsured motorist covers none of these costs. Increasing your uninsured and underinsured motorist coverage in Nevada is an investment worth consideration.
3. Protect Your Future
Medical costs continue to climb, and paying for your care or a loved one can escalate out of control. The stress of your situation and the fact that the responsible party is either uninsured or underinsured will create additional anxiety.
Combined with an inability to work, paying the most routine bills can turn into a struggle. Uninsured and underinsured drivers surround us — we just do not know who they are and when a crash involving us may occur.
Protect your future by considering an increase to these types of coverage under your auto policy. Preparing for the unexpected is what insurance is all about. The risk we all take each time we get behind the wheel is all too real. A traumatic crash has a devastating impact on your physical, emotional, and financial health. Access to the tools you need, when you need them, is how investing in additional insurance coverage can help you.
When Tragedy Strikes a Lawyer Can Help You
A driver may own assets that make a potential lawsuit possible — or, you may face challenges with your own insurance company. In either scenario, Gina Corena & Associates can help you.
We provide a free case evaluation and can represent you in civil matters. By taking swift action and contacting us now, we can get to work on your behalf. From building a case for trial or negotiating with your insurance company for the coverage you deserve, we are here for you.
Not all Nevada drivers assume the responsibilities required by law. A Nevada driver’s license is a privilege and not a right. Those responsible for tragic accidents must face accountability. We can help you demand justice, if at all possible. If a driver fails to obtain the minimum insurance required by law, they most likely do not possess assets worth pursuing in a lawsuit. Our team can investigate to determine the best course of action for you.
Investing in your uninsured and underinsured coverage by increasing affords you precious coverage during your darkest hour. While you carry the coverage necessary to protect others, others may not do the same for you. Adding coverage for a just-in-case event is worthy of careful consideration.
Contact Gina Corena & Associates For Help Today
If your insurance company fails to honor the policy you bought, contact our team without delay. An insurance policy is a legally binding document that contains terms that an insurance company must adhere to. Your injuries and traumatic experience are no time to deal with an insurance company that delays, denies, or attempts to underpay you the compensation you deserve.
With the rise of rideshare platforms like Uber and Lyft, the insurance landscape has become even more complex. Accidents involving these services can introduce unique challenges when it comes to insurance claims. To navigate these complexities, it’s essential to understand the insurance intricacies of Uber and Lyft.
Let us fight your insurance battle for you. Our highly-skilled team of negotiations and trial attorneys is here for car accident victims and their personal injury claims and lawsuits. To learn more about how we can help you, contact us online or call us: (702) 680-1111.