After being injured in a motor vehicle crash, you may assume that filing an auto accident claim will yield proper compensation. Unfortunately, that is not always the case because insurance companies are only required to pay up to the limits of the at-fault driver’s policy.
That means many crash victims are left without the money they need to address the physical harm and financial impact of collisions. Knowing your options when the other motorist’s coverage is insufficient can help you pursue the compensation you deserve. Here are some considerations to keep in mind.
Uninsured/underinsured motorist coverage
While not mandatory in Oklahoma, having uninsured/underinsured motorist (UM/UIM) coverage can be a welcome source of compensation. UM/UIM coverage is designed to protect you when the at-fault driver lacks enough insurance to cover your damages. It can help cover medical expenses, lost wages, and other costs associated with the accident.
Health insurance policy
Your health insurance may be able to help cover medical expenses resulting from the vehicle accident. While it cannot compensate you for other damages like lost wages or pain and suffering, it can alleviate some of the financial burdens associated with medical treatment.
Personal injury lawsuit
If the at-fault driver’s insurance is insufficient to cover your damages, you may be able to file a personal injury lawsuit. This can allow you to pursue injury compensation directly from the at-fault driver. You can include your medical and other accident losses or damages in an injury lawsuit.
Dealing with situations in which the at-fault motorist doesn’t have sufficient insurance to cover your losses (or any insurance) can be complex, but knowing your options opens pathways to recovery. Having experienced legal guidance can help you protect your right to compensation.