Importance of Underinsured and Uninsured Motorist Coverage in Georgia

October 19, 2012 (Press-News.org) A recent change in Georgia law allows those carrying car insurance to better protect themselves from uninsured and underinsured drivers. Unfortunately, in this difficult economy the Insurance Information Institute estimates that almost 14 percent of drivers on our nation's roads are not insured. As a result, expanding insurance coverage to include accidents with uninsured or underinsured drivers may be more important than ever before.

Although a basic auto insurance policy generally covers the cost of repairs and any injuries passengers may receive it may not be enough to cover the cost of serious injuries. Uninsured/underinsured motorist accident insurance provides additional protection against the potential financial devastation an accident can bring.

Impact of New Law on Driver's in Georgia

Georgia's new law provides those holding auto insurance the ability to purchase additional uninsured and underinsured motorist coverage. This form of insurance covers accidents caused by uninsured or underinsured drivers as well as a hit and run accident.

One of the key provisions to the new law extends the definition of an "uninsured vehicle" to allow stackable coverage. Stackable coverage allows the victim of an accident to first apply the coverage of an underinsured motorist policy against damages and then cover any remaining damages that were not covered by the policy with uninsured/underinsured coverage (if the driver chooses to carry it).

Although state law requires all drivers to maintain auto insurance, not everyone complies. This, coupled with the fact that many drivers only have the bare minimum of coverage, can lead to situations where accident victims do not receive enough compensation to cover medical bills.

If you or a loved one is injured in an auto accident, compensation may be available to cover medical and rehabilitative costs, as well as pain and suffering. In some situations, your insurance may offer the needed compensation while in others it may be necessary to pursue payment from the other driver.

Every situation is unique. Contact an experienced motor vehicle accident attorney to ensure your legal rights and remedies are protected.

Article provided by Buford & Buford
Visit us at www.fmbufordlaw.com