Motorcycles provide a type of freedom few drivers ever experience. However, in exchange for this freedom, motorcyclists risk serious injury if they are involved in an accident involving another motorist. Considering the severe injuries motorcycle accident victims could suffer, it is vital that they have insurance that could cover their medical expenses. If they cannot afford traditional motorcycle insurance, riders should take the time to learn more about uninsured motorcycle coverage in Chattanooga by speaking with a knowledgeable attorney. To get started on discussing your situation, be sure to schedule a consultation today.
What is Uninsured Motorist Coverage and Why Might a Person Consider Purchasing It?
When individuals purchase uninsured motorist coverage, they are purchasing insurance that will cover the person who injured them, when it is their fault, and if they do not have insurance. As a result, if they get hit by a person with no insurance and the wreck is their fault, then their uninsured motorist coverage would pay the amount that the other person would be liable to pay. Their uninsured motorist coverage can also try to collect that amount from the person who is at fault.
How Much Should Uninsured Motorist or Underinsured Motorist Coverage Be Worth in Chattanooga?
Uninsured and underinsured motorist coverage is relatively inexpensive. Riders should try to take advantage of this low cost by buying as much coverage as they can afford. For motorcycle accidents specifically, the injuries victims could sustain are particularly serious since there is little protecting them from the full force of a vehicle. The treatment for these types of injuries could take weeks, months, and even years to recover from. As a result, motorcycle riders should keep this in mind when purchasing uninsured motorist coverage.
What are the Differences in the Different Types of Insurance Coverages?
Uninsured motorist covers situations where the other driver who is at fault has zero insurance. Underinsured motorist covers a situation where the other person has insurance but not enough to cover all the damages.
In Tennessee, the minimum insurance policy limits for liability insurance are $25,000. If a person is riding a motorcycle, and an automobile with $25,000 in liability coverage causes a wreck and injures the person on the motorcycle, then the medical bills alone might be hundreds of thousands of dollars. Underinsured motorist would pay the amount over and above the initial $25,000 that the at-fault party’s insurance would cover.
Learn More by Scheduling a Consultation Today
The types of insurance coverage a person has plays a massive role in the amount of damages they may or may not be entitled to pay. Since motorcycles are dangerous to ride given the high risk for serious injury, riders should make it a priority to purchase enough insurance that could pay for the damages that could be potentially be sustained. With this in mind, if you are unable to purchase other types of insurance, you should speak with an attorney to learn more about the benefits of uninsured motorcycle coverage in Chattanooga.
