Insurance Claims and Oklahoma City Motorcycle Accidents
Motorcycle accident claims are similar to other motor vehicle collision cases in that documenting all the damages and ensuring that the insurance company pays for the entirety of your losses remains crucial. However, the severity of your injuries can be worse. To ensure that you receive appropriate payments for your losses, it is important to have the current coverage.
Full coverage means that an individual has the minimum coverage required, which is $25,000 per person up to $50,000 per accident. If there are multiple people involved in a collision, the most the insurance company would pay is $50,000, or up to $25,000 per person.
Motorcyclists should look for a plan that covers at least $50,000 or $100,000, along with $100,000 in uninsured motorist coverage. Medical payments coverage also may be useful because it could pay for any expenses that relate to someone’s health and injuries following an accident. To learn more about insurance claims and Oklahoma City motorcycle accidents, you can speak with a knowledgeable attorney.
Can an Accident Impact Someone’s Insurance Rate?
It is important to understand that insurance rates after a motorcycle accident in Oklahoma City should not increase unless the claimant was at fault. Otherwise, the insurance company would be acting outside of the law. If an individual believes that their rates were unfairly raised, they should review their case with a legal representative
Uninsured Motorist Coverage
Uninsured motorist (UM) coverage is additional protection that an individual can purchase on their policy that may cover damages if they get involved in an accident with a motorist who does not have insurance. This coverage can pay up to the amount of coverage the individual has purchased. A motorist may only purchase the amount of liability coverage they already have, so if someone has a $25,000 liability policy, they could purchase UM coverage up to $25,000.
In the event where a motorcyclist experiences a hit and run in Oklahoma City, impacts the incident in that if law enforcement can find the at-fault driver, the injured party may be able to get triple in the amount of property damages. If the negligent driver cannot be found, then the claimant must collect under their UM coverage. While consequences may vary depending on the charge and the damages, a hit and run driver could be fined up to $500 or time in jail if the claimant suffered severe injuries.
Underinsured Motorist Coverage
Underinsured motorist (UIM) coverage is similar to UM protection, but UIM covers an individual if the at-fault party does not have a large enough policy to cover all of the injured person’s losses. For example, if the at-fault driver has the state minimum coverage of $25,000 and the plaintiff’s claim is worth $50,000, their UIM coverage would pay the difference to ensure that they are reimbursed fully for their claim. Motorists should purchase UIM coverage because the state minimum typically does not cover all of the losses someone may suffer in a motorcycle accident.
In a motorcycle accident insurance claim or lawsuit, an Oklahoma City plaintiff can demand compensation for all of the harm that they suffered. Generally, one of the first they may claim is their motorbike because in many instances it is totaled. A claimant also may seek compensation for their medical bills, pain and suffering, and any lost income or future lost wages.
Contact an Attorney to Discuss Oklahoma City Insurance Claims Following a Motorcycle Accident
A dedicated attorney could work to ensure that you receive fair compensation from an insurance company if you were in an accident on your motorcycle. Insurance companies can be difficult to handle without a legal professional. To learn more about insurance claims and Oklahoma City motorcycle accidents, call today.