If someone asked you about the amount of coverage your car insurance may provide if you file a claim, how many details could you provide?  Would you know the different coverages you have available?

Unfortunately, most policyholders remember very little about what is written in their insurance policy.  After buying the policy, they may not take another look at it until they need to file a claim after a crash.  Even then they may just take the insurance company’s word for it about the coverage in their insurance policy and not check for themselves.

This is one of the reasons it is so important to hire a qualified lawyer to help you seek compensation.  The Minneapolis car crash lawyers at TSR Injury Law have decades of combined experience and a proven track record.  We have obtained over a billion in compensation for our clients.

What Drivers Know and Do Not Know About Car Insurance

In October 2017, The Zebra published a survey of 1,165 car insurance customers to assess how much they knew about their insurance policies.  Even though 81 percent of respondents think they have the insurance they need, few respondents were able to correctly identify common types of coverage.

In fact, nearly 45 percent of respondents did not know what coverage applies to a crash with another driver who does not have insurance.  The answer is: uninsured motorist coverage.

Just 35 percent of drivers knew damage to their vehicle may be covered by the at-fault driver’s liability coverage.

When asked about the purpose of car insurance, only 5.2 percent of respondents said the purpose was to pay their medical bills if they were injured in a crash.  Another 23 percent said their insurance would pay the other driver’s bills if they cause the other driver injury or property damage.

What Should You Know When Filing a Crash Claim?

It is important to know what your insurance covers and the limits of those coverages when filing a claim.  That way you know when the insurance company is being honest about whether damages are covered and whether your damages are less than or more than your coverage limits.

For example, as Minnesota is a no-fault state, you are required to have personal injury protection (PIP) coverage to pay for your own medical and wage loss damages from the crash.  This coverage applies regardless of who is at fault.  You should know how much PIP coverage you have.  You should know if you have “stacked” PIP coverage.

Knowing what is in your policy is particularly important if your claim is complicated.  For example, claims involving at-fault drivers who do not have insurance, or do not have enough insurance, are often difficult.

The more complex the claim, the more important it is to hire an experienced lawyer to represent you.  He or she can review your policy and deal with the insurance company on your behalf.  Our goal is to recover maximum compensation and hold the insurance company to the terms of your policy.

Reviewing Your Insurance Policy

People often learn a lot about car insurance when they are shopping for a policy and when they pick one.  However, once they start paying premiums, they may not look at their policy again until they need to file a claim.  Even if they do look at it, they may not understand what is in it.

Remember, you can always call the insurance company to ask for more information about your insurance policy, even if you are not filing a claim.  You can even ask about the factors involved in setting rates and ways to save money on your policy.

If you want to increase your coverage, you will likely increase your premiums.  However, you can increase your deductible to help lower your premiums.  The deductible is the amount you are required to pay before your insurance coverage kicks in.  Deductibles can be for collision coverage or even the wage and medical coverages.  Some police even have “drop down” provision that give less coverage to your family if they are in the vehicle with you.  Agents do not always even know these exist.

TSR Injury Law is Here to Help. Call Today.

We have helped many car crash victims pursue compensation for medical expenses and other damages.  We have successfully recovered millions on their behalf and are ready to help you.

You can get answers to your legal questions and learn more about the services we provide in a free initial consultation.  If we validate your case and you hire one of our attorneys, we are prepared to guide you through the legal process.  This means dealing with the insurance company on your behalf and pursuing full compensation, up to the limits of the insurance policies involved.

TSR Injury Law. No Upfront Fees. Ph: (612) TSR-TIME.