While not necessarily a direct factor used in determining the value of your personal injury claim, an experienced Baltimore personal injury lawyer will tell you:
The amount of your uninsured or underinsured motorist coverage is a direct factor in determining the amount you may be able to recover in a car accident case.
Let's say you have the misfortune of being injured in an automobile accident, and you sustain personal injuries, incur medical bills, and experience wage loss. In an ideal situation, the amount of liability insurance carried by the at-fault-driver would be sufficient to cover your losses. What if the at-fault-driver had only 30,000 in coverage, and your losses well exceed that amount? What if the at-fault driver had no coverage at all?
In the scenario where the at-fault driver did not have enough coverage, you would look to your insurance company and your [first party] coverage for "underinsured motorists" as an additional source of funds for you to recover. In the scenario where the at-fault driver had no coverage, you would again look to your insurance company and your coverage for "uninsured motorists" as an additional source of funds for you to recover. Some states may categorize these two distinct scenarios as falling under distinct policy provisions [i.e. uninsured v. underinsured]. Due to the working of the Maryland law dealing with these benefits, both situations are handled by the same type of Maryland insurance coverage.
Maryland has also recently enacted provisions dealing with "enhanced" uninsured / underinsured motorist insurance coverage. The steps, procedures, considerations, and pitfalls of dealing with your uninsured/underinsured motorist carriers are explored in other chapters of elsewhere on this page. An experienced Baltimore personal injury attorney can provide you with guidance to ensure you fully recover your losses. If you have a claim that involves an application for underinsured motorist coverage benefits, call me today to arrange a complimentary discussion on the best course of action.
-This Article was updated by Eric Kirk 2/14/19.