“Protect Yourself At All Times…”
Friday, December 19th, 2008
The title of this post is known as the number one rule of boxing. It is also prudent advice to members of society generally, and in the current especially challenging economic climate, it is essential advice to motorists.
This article in the Wall Street Journal discusses a disturbing trend. Many automobile owners are allowing their coverage to lapse, presumably because they lack the funds to pay the premiums. While allowing coverage to lapse is against the law in a number of states, such as New York, that require automobiles operated on the roadways to be insured, such laws are cold comfort to a person injured as a result of an offending, uninsured vehicle’s negligent operation.
All New York State automobile insurance policies contain mandatory coverage for occupants of the insured vehicle who are injured by uninsured motorists. The minimum mandatory coverage afforded is “$25,000.00/$50,000.00,” meaning a maximum of $25,000.00 coverage per claimant, up to a total maximum of $50,000.00 for all claimants.
If you are carrying the minimum uninsured coverage, you may wish to consider increasing these limits on your uninsured coverage. I suggest that you speak with your insurance company representative, ( or shop around,) to find out the cost of increasing your uninsured coverage. If someone in your car is injured, you may be relieved that you protected yourself, and them, by making sure to carry adequate uninsured motorist coverage. Remember, the liability insurance you carry is a source of money recovery for someone making a claim against you. Carrying adequate uninsured coverage insures that there will be a sufficient source of money recovery for you and/or occupants of a vehicle you own, if you and/or they are the victims of another driver’s negligence.
Friedman & Simon, L.L.P., Attorneys at Law carefully reviews every personal injury claim for every potentially available source of money recovery. This includes: Investigating if the vehicle was being operated in the course of business of a person or entity other than the registered owner; Investigating the extent to which the negligence of additional potential defendants contributed to the happening of the accident; ( Such as, for example, the potential liability of a municipality for faulty road design, the potential liability of a manufacturer for an automobile product defect or the potential liability of a bar for improperly serving an already intoxicated patron who then causes a car accident, and;) Investigating any and all other potential sources of recovery.
Proper analysis and prosecution of a claim requires such careful review to consider every potential source of money recovery. Still, especially in these times, it is most prudent to, and we hope that you will, “protect yourself at all times,” and review your uninsured motorist coverage.


