How does a bad economy affect car, bike and truck accidents?
The answer has to do with insurance coverage; whether or not the person at fault has insurance to cover the damages that might arise.
As a result of the recession, many Los Angeles drivers have defaulted or canceled their car insurance policies, leaving them uninsured and exposed to personal liability for any car accidents. Driving without insurance is illegal in California, however the penalties and enforcement are too lax and ineffective to stop people from driving without insurance. Many times, these uninsured drivers are also judgment proof; meaning that they have very little assets or money to recover any money for the damages they cause. Therefore, people injured as a result of these uninsured drivers end up having to pay for the damages themselves if they do not have uninsured motorist coverage.
For example, if you or your loved ones have been the victim of a car accident where the other party is at fault, and as a result of the accident, you have suffered a brain injury, spinal injury, head injury, or back injury, you immediately would hire an attorney and have the attorney pursue the at fault driver’s insurance policy. Now imagine the horrible nightmare of discovering that the at fault driver just canceled his insurance and is now uninsured. In addition, he has lost his job recently and is pretty much judgment proof. This is an unfortunate situation for anyone to be in as it leaves very limited options for recovering damages sustained the car accident.
Uninsured Motorist Coverage
However, there is a solution to prevent this situation from happening. It is called uninsured or under-insured motorist coverage. This is an additional coverage you can get on your own policy to protect YOU AND YOUR family from any uninsured drivers. In this case, you can get extra coverage similar to your liability coverage which will provide you with a very sizeable insurance policy in the case a severe car or truck accident takes place where the other party does not possess insurance. It is always a good idea to contact your insurance agent or an experienced personal injury attorney to make sure you have the adequate insurance coverage to protect you and your family in the case of a bad car accident.
Learn More
If you would like to learn more about uninsured motorist coverage, or have been a victim of a car accident, please do not hesitate to contact our office to speak directly to an attorney to is an expert about car accidents and insurance claims. Call us today. 
