At the Loewy Law Firm, our Austin underinsured motorist claims attorneys offer aggressive representation to pursue your goals and desires in your case. We have seen the effects of underinsured motorist claims in the past, and we have helped these victims to obtain the compensation that they need in their cases. We can put our experience to work for you if you choose to work with our accident lawyers in Austin.
According to a report by the Texas Department of Insurance, approximately one out of every five drivers in our state is uninsured. An even greater number than this choose to purchase only the bare minimum amount of coverage required by law in an attempt to save money on their premiums. This strategy is short sighted, as it exposes the driver to financial deficit in the case of a high damage accident. If the value of the victim’s claim for a settlement is greater than the maximum amount of coverage available under the policy, then the victim could be left without full compensation through an insurance claim.
Texas Insurance Minimum
According to Texas law, the minimum amount of insurance coverage a driver must carry is $30,000 per person and $60,000 per accident in bodily injury coverage, as well as $25,000 for property damage. In many cases, this is simply not enough to pay the full costs for a car accident victim’s medical expenses, lost income and pain and suffering. You should not let the fact that the other driver failed to take proper precautions prevent you from receiving the amount you deserve for your injuries.
When the Other Driver’s Insurance Policy Is Not Enough
If you have underinsured motorist coverage on your own policy, our Austin injury lawyers can assist you in preparing your claim and in negotiating with the insurance company over the value of your settlement, working to expedite the process on your behalf. We may also be able to help you claim damages by suing the other driver for a wage garnishment or a property lien, which you could use to satisfy the full value of your claim. Our goal is to see you receive the full compensation you deserve for your injuries, seek our legal assistance today.