The number of vehicle accidents in the United States is rising. This is likely due to a number of factors. The price of gasoline is at a low point, so many people are taking car trips. This fact, coupled with increased airline rates and a perceived security risk, makes driving a more practical option for many people. Some auto insurance companies have announced higher insurance rates due to increased accidents.
More Vehicles on the Road
More vehicles on the road means that there will also be an increase in accidents. Accidents most often happen close to home, usually within about 25 miles. However, with more people taking vacations in their cars, the likelihood of an accident happening further away increases. Insurance companies realize that more vehicles on the road will result in a higher number of accidents. They must be ready to handle an increase in claims.
Along with more drivers comes an increase in the number of uninsured and underinsured drivers. Uninsured drivers who are involved in accidents cause insurance rates to rise. The insurance companies need to cover the costs associated with claims from these types of accidents. There may also be more people who have the minimum amount of insurance required by law. If involved in a serious accident, their insurance may not provide enough coverage for the damages involved.
Keep Enough Insurance
One of the best ways to protect yourself is by making sure that you keep enough insurance coverage. Although the costs may increase, they are still worth the possible financial exposure you could face if you are at fault in an accident with injuries. While it may seem unnecessary, protecting yourself with auto insurance is the best way to avoid problems should an accident happen.
It is important to note that in Arizona, drivers are required by law to be covered by insurance in the amount of at least $15,000 bodily injury (one person) and $30,000 (two or more people). Drivers must also carry $10,000 of property damage liability insurance. These insurance laws apply to drivers of all types of vehicles including motorcycles, mopeds, and golf carts.
Accidents with Uninsured Motorists
If you were involved in an accident with an uninsured motorist, you may need to file a civil legal suit. This can be accomplished with help from an experienced attorney. Your lawyer will review your case and work to resolve the case to get you the money you need to pay for any damages and injuries that were incurred.
This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice regarding Higher Insurance Rates Due to Increased Accidents, or any other personal injury, please feel free to contact Brian T. Allen at 480.461.5335, log on to udallshumway.com, or contact an attorney in your area. Udall Shumway PLC is located in Mesa, Arizona and is a full service law firm. We assist Individuals, families, businesses, schools and municipalities in Mesa and the Phoenix/East Valley.