Automobile Accidents
The Importance of Auto Liability Insurance
Most people realize that anyone who negligently causes a wreck can be held accountable for his wrongdoing. This is why automobile liability insurance is essential for the protection of everyone who drives. Automobile liability insurance is used to compensate the victim for his or her losses. The insurance also protects the person who caused the accident.
But what happens if the losses incurred in the wreck exceed the liability insurance coverage? For example, what happens if the wrongdoer has no insurance ....or minimum limits of $15,000 per person and a total of $30,000 per accident and the victim is profoundly injured, suffering a condition or conditions such as permanent brain injury or the loss of a limb? How does the victim receive fair compensation for his loss?
Uninsured and Underinsured Insurance
To protect themselves against losses which exceed available liability coverage, many people purchase uninsured and underinsured insurance. Available to every driver in South Carolina, it is insurance which will compensate an injured party when there is insufficient liability coverage to provide adequate compensation.
