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Should You Carry Uninsured Motorist Coverage in Nevada?

Nevada law requires every driver to carry liability insurance to cover injuries and property damage. A driver who fails to comply with insurance laws is subject to penalties include fines and suspension of their license and vehicle registration. Uninsured drivers also create significant risk for other people on the road. They must bear the cost of damage they cause in an accident, and quite often an uninsured motorist can’t afford anything close to the cost of medical bills that can result from a serious crash. The result can be that the injured person ends up bearing most of the financial burden of an accident that was not his or her fault.

How uninsured motorist coverage works

Uninsured motorist coverage is one way to protect yourself from this situation. Such coverage kicks in whenever the other person in an accident lacks insurance and is also at fault. Someone who has uninsured motorist coverage can drive with less worry that other drivers aren’t complying with their legal obligations. Coverage limits are an important consideration for anyone who buys insurance. Uninsured motorist coverage needs to be robust enough to cover property damage (i.e., damage to your car) as well as the expenses that come from injuries to the driver and passengers. An insurance company can offer guidance about how much uninsured motorist coverage is appropriate for a given driver’s circumstances.

Also consider taking out underinsured motorist coverage

The question of coverage limits is vitally important in every auto accident case. This is true even if the at-fault driver has legally compliant insurance. The minimum coverage requirements under Nevada law are $25,000 of bodily injury coverage per person, $50,000 bodily injury coverage per accident, and $20,000 of property damage. In a major accident involving serious injuries, these limits may be inadequate to cover the full scope of costs. The responsible driver may need to be personally sued in hopes of seeking compensation for medical costs that can easily exceed $100,000 for complicated injuries like spinal or brain trauma. One solution is to take out underinsured motorist coverage. Like uninsured motorist coverage, this type of coverage only kicks in if the responsible driver’s policy isn’t sufficient to cover all the costs associated with the accident. One demographic of drivers that is likely to carry only the minimum level of insurance is young people. Young people are also more likely to cause accidents due to their lack of driving experience. Put in this light, underinsured motorist coverage looks like a good idea. Whether these add-on coverages make sense for a driver is often a question of cost. Because they are contingent, they should not be particularly expensive. Drivers with dependents should give special consideration to taking out these policies not only to protect themselves but also their children or other loved ones. For over 45 years the law firm of Greenman Goldberg Raby Martinez has represented Las Vegas clients in personal injury and auto accident cases. To learn how we can be of help in your case, call us today for a free attorney consultation. We can be reached at 702-388-4476 or send us a request through our site.

Accidents Involving Uninsured Motorists in Nevada

Accidents Involving Uninsured Motorists in Nevada
Like every state, Nevada requires all motorists who use its roadways to carry a minimum amount of liability insurance. The DMV monitors the insurance coverage of Nevada-registered vehicles and imposes penalties, including fines and suspended registrations, upon drivers who fail to comply with minimum requirements. Unfortunately, not everyone complies with the law, and accidents with uninsured motorists do happen. When the uninsured driver is at fault, people injured in the accident may face greater challenges in seeking compensation for their injuries.

The problem of collecting

In any car accident involving serious injury the adequacy of the at-fault driver’s insurance can be a central issue. The state’s minimum coverage requirements ($25,000 for bodily injury or death of one person per accident, $50,000 for bodily injury or death of two or more persons in any one accident, and $20,000 for property damage in any one accident) are rarely enough to cover the cost of major medical treatment. The problem of adequate compensation becomes worse when dealing with an uninsured motorist. With no insurance company around to pick up the tab, the plaintiff has to go after the defendant’s personal assets. The trouble is that few drivers will let their insurance coverage lapse unless they can’t afford the premiums. In other words, an uninsured motorist is more likely than not to have few resources to compensate an injured plaintiff. In fact, if the defendant isn’t likely to have much in the way of resources to compensate the plaintiff, there may be little reason to sue.

Protect yourself against uninsured motorists

Perhaps the most important lesson to take away from a consideration of the uninsured motorist problem is that the best response to them is preparation. Auto insurance carriers are required by law to offer uninsured motorist protection. Such insurance typically protects a driver from medical bills associated with injuries caused in accidents where the at-fault driver was not lawfully insured. Another option in the insurance realm is coverage for events in which the at-fault driver’s insurance is inadequate to compensate for serious medical care. Because the state’s minimum insurance requirements are so low, drivers with the means to do so should strongly consider adding additional coverage to protect themselves and their passengers in the event of an accident.

GGRM is a Las Vegas accident law firm

The law firm of Greenman Goldberg Raby Martinez has represented injured clients in the Las Vegas area for over 45 years. If you have questions about how to protect yourself from an uninsured motorist, or if you have been in an accident and you’d like to talk through your legal options, please reach out to us today. For a free, confidential attorney consultation, call 702-388-4476, or ask us to call you through our contacts page.