Recently, our Chicago accident attorneys read an article detailing an accident victim’s struggle to receive adequate compensation from his own insurance company. The plaintiff, a Florida middle school science teacher, was severely injured when another vehicle ran a stop sign and collided with his vehicle – according to Lehighacrescitizen.com. Without delay, the victim received $25,000 from the other driver’s insurance company, but it was not enough to pay for the extensive medical bills that arose from spine and wrist fractures the injured party acquired in the accident.
When the injured party sought relief from his own insurance company, under his Uninsured Motorist policy, the company refused to pay out the entire $2,000,000 UM coverage the victim had purchased in case a situation like this arose. When the company made a $190,000 payment to the victim, a sum significantly less than the policy he purchased, the victim filed suit. Ultimately, the jury decided in favor of the plaintiff and awarded him over $3,000,000 for the damages incurred. Those damages included; previous medical expenses from the surgery he was required to undergo after the several fractures he sustained, future medical expenses for the extensive therapy to regain movement in his arms and hand, loss of earning ability, as well as, the pain and suffering that resulted from the effects of the accident.
Our own Chicago accident attorney Susan Novosad, who has dealt extensively with cases of motor vehicle accidents and insurance policy limits, provides helpful advice to help drivers avoid situations such as this one. Susan explains that, “drivers need to take steps to protect themselves.” In order to do this, she adds, “Drivers should begin this process by contacting a qualified insurance professional for rate information for uninsured motorist and underinsured motorist coverage to provide added insurance protection. Let your insurance professional know that you want to take steps to protect yourself and your family in the event of a serious accident caused by a driver either without insurance or with low liability insurance policy limits.”