The Law Offices of W. Dan Mahoney, P.C.
Schedule a free consultation
303-225-7396
Personal Injury & Workers' Compensation Finding the right lawyer is not another complication; it's a step toward a better resolution.
In This Section

How exactly does underinsured motorist coverage work?

Although they are treated the same in many respects, it is important for Denver residents to have an understanding of the difference between uninsured motorist coverage and underinsured motorist coverage.

The most important point to remember is that, if a Colorado resident gets in a car accident that involves an underinsured driver, then, depending on the type of insurance they purchased from their car insurance carrier, they may have options to pursue additional compensation from their own insurance company.

An underinsured driver is a person who fulfilled his or her responsibility under Colorado law to have car insurance. Unfortunately, how much coverage one must have to be legal is pretty low, and many people choose not to purchase additional coverage for a variety of reasons.

If one of these people has an accident, though, then their insurance may be barely enough to cover their victim's medical bills, leaving nothing for lost wages and other damages. Assuming the person does not have assets that the victim can go after directly through a civil lawsuit, the end result is the victim could well be out of luck.

However, if the victim has the proper coverage, and it is greater than the coverage available under the responsible driver's policy, then the victim can in theory file a claim for underinsured motorist benefits and potentially collect up to the difference between the responsible driver's policy limits and his or her own policy limits. So, for example, if a driver had $30,000 in insurance, and the victim has $100,000 in underinsured coverage, then $70,000 is available.

Filing an underinsured motorist claim and understanding how this coverage works in one's particular case can be a complicated matter best discussed with an experienced Colorado accident attorney.

No Comments

Leave a comment
Comment Information
Email Us For A Response

How Can We Help You?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Office Location

The Law Offices of W. Dan Mahoney, P.C.
730 17th St.
Suite 730
Denver, CO 80202

Phone: 303-225-7396
Fax: 303-407-2400
Map & Directions