Uninsured Motorist Coverage: Your Safety Net After a Crash
Imagine being in a serious vehicle accident that wasn’t your fault and finding out later that the motorist who caused it doesn’t have insurance. Unfortunately, many drivers have to deal with this hard reality. Up to 10% of drivers in Nevada have been reported to be uninsured. The Uninsured Motorist (UM) and Underinsured Motorist (UIM) coverage of your personal insurance policy becomes your most crucial source of financial security in this situation.
What is UM/UIM Coverage?
Uninsured Motorist (UM)
If you are hurt in an accident brought on by a driver who has no auto insurance at all, this coverage will cover your medical expenses, missed income, and pain and suffering. In hit-and-run incidents where the at-fault driver cannot be located, it also applies.
Underinsured Motorist (UIM)
When the at-fault driver has auto insurance but the policy limits are insufficient to fully compensate for your injuries and damages, UIM coverage kicks in. The difference will then be covered by your UIM coverage, up to the policy limit.
Filing a UM/UIM Claim
It can be difficult to negotiate with your own insurance provider when submitting a UM/UIM claim. Even after purchasing this coverage, your insurer can still attempt to reduce the amount paid out. After all, they are a company. All correspondence and talks with your insurance provider can be managed by an expert lawyer, who will make sure your claim is handled fairly and that you receive the money you are entitled to under your policy. Don’t go it alone. We’re prepared to defend you. For a free consultation and to begin your quest for justice, get in touch with us right now.
What Percentage Does a Lawyer Take From a Settlement?
Anybody thinking about filing a personal injury claim frequently worries about the cost of legal representation. Our firm and the majority of personal injury lawyers operate on a contingency fee basis. This implies that we won’t be compensated unless we win your case either through a settlement or a trial verdict. You don’t have to pay us if we are unable to get you compensation.
Standard Fee Schedule
A typical range is between 33% and 40% percent of the ultimate settlement or award, though the precise number may change depending on how complicated your case is. For instance, the attorney would get $33,000 if the case settled for $100,000 and the fee was 33%.
Fees vs. Costs
It’s crucial to understand the difference between legal fees and case costs.
- Legal Fees: This is the percentage the lawyer takes for their professional services.
- Case Costs: These are the expenses incurred during the legal process. They are paid out of the settlement and may include court filing fees, fees for obtaining medical records, deposition costs, expert witness fees, and investigation expenses.
The objective of the contingency fee model is to level the playing field by enabling anyone to compete with a major insurance company, regardless of their financial status. Because we are paid more the more we recover for you, it guarantees that your lawyer’s interests are directly in line with yours. Are you prepared to take on a rapacious insurance company? Let us speak for you. Take the first step toward getting the most money you are entitled to by giving us a call right now for a free case evaluation.
Don’t face uninsured drivers or challenging insurance companies alone. Get the legal support you deserve. Contact Michael Hua Injury Law today for a FREE, no-obligation consultation. Call us to schedule your free case evaluation.
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