Serious Car Accident in Canyon Lake, TX - Understanding Underinsured Motorist Coverage

All accidents are serious, but some come with large repair bills and extensive medical costs. If an uninsured or underinsured motorist injured you in an accident, they won’t have enough insurance to cover your injuries. That’s when it’s time to call an attorney to help you seek compensation for your damages in Canyon Lake, TX.

The experienced lawyers at Carabin Shaw will help you recover monetary damages following your accident, so you can focus on recovering from your injuries. We offer our services on a contingency-fee basis, and if you call our toll-free number at 800-862-1260, we’ll set up a free case review.

In Canyon Lake, the State of Texas requires you to have insurance coverage for your vehicle. In order to provide some protection to victims who are not at-fault, they require coverage limits of at least $30,000 per person and $60,000 per accident.

Used vehicles are frequently declared a total loss, as the repair costs more than the vehicle is worth. However, newer vehicles and personal injuries can easily exceed the minimum insurance requirements set in Texas.

Underinsured motorist (UIM) coverage protects you in the event that the at-fault party does not have insurance or does not have enough insurance to cover your loss. It ensures that you have control of your insurance outcomes regardless of fault.

When you find out that insurance isn’t enough to cover all your losses, it makes a bad situation worse. That is why it is important to call a lawyer after an auto accident to make sure you get compensation for all of your costs associated with the auto accident.

Legal options when seeking compensation from an underinsured at-fault driver include:

• Use your own UIM coverage: This will get you compensation that covers the difference between the at-fault party’s insurance and your actual losses depending on your coverage.
• Pay out-of-pocket: If you don’t seek compensation, you will have to sustain your monetary losses. Depending on your financial situation, this can be catastrophic.
• Ask the at-fault party to pay: In some cases, it might be appropriate for you to ask the at-fault party to pay for additional losses. This is especially true if the additional costs are small.
• File a lawsuit: Finally, you can file a personal injury lawsuit against the at-fault party in order to get compensation for personal injuries and property damage.

Additional legal options are available depending on the auto accident, such as suing a third-party that may be liable for the actions of the at-fault driver. Contacting a Texas lawyer is the best way to find out what options you have available to seek compensation.

When you are in a serious car accident, the last thing you should have to worry about is how to pay for your losses. Instead, you should focus on recovering from your injuries. The best way to do that is to hire a Canyon Lake Texas personal injury lawyer.

A good attorney will guide you through your options in order to find the best route for your financial and emotional needs. The experienced Canyon Lake TX car accident injury attorney Carabin Shaw understands the overwhelming nature of lawsuits, and they will help you to navigate the process with grace.

You might stress about your financial losses after discovering that the at-fault party doesn’t carry enough insurance coverage, but lack of insurance doesn’t mean they aren’t liable for the entirety of your loss. Contact our team at Carabin Shaw, and we will help you find a path to compensation, so you can leave your car accident where it belongs—in the past.

If you’re unsure about where to seek legal advice, please read our client reviews, and find out what people say about their experience hiring us to represent their interests. Then, call our toll-free number at 800-862-1260 to schedule an appointment. We have English- AND Spanish-speaking staff available 24/7 to answer your call.

For more information:

• TDI Texas
• Statutes Capitol Texas