Unfortunately, not all drivers choose to act responsibly and purchase automobile insurance. For this reason, insurance companies offer uninsured motorist coverage. Generally, policyholders must pay extra for this coverage. But this extra cost can prove worthwhile in the event of an accident involving someone who lacks coverage.
However, sometimes a policyholder who has uninsured motorist coverage may have trouble getting his or her insurance company to pay a claim. In such a case, a policyholder may have to resort to taking legal action in order to receive compensation.
Recently in Texas, an insurance company decided that it would settle a lawsuit filed by a policyholder. The lawsuit was filed in an effort to receive payment for an uninsured motorist claim.
According to the petition, the policyholder had been rear-ended by a driver who was an uninsured and/or underinsured motorist. The suit stated that the policyholder had fulfilled all of the required obligations of the policy before the suit was filed.
Rather than go through the trial process, the insurance company arrived at a settlement agreement with the policyholder. The policyholder had sued for an amount that was not to surpass $1,000,000 in damages.
If you pay for insurance coverage, you should receive your due compensation if you are in an accident. If you are having trouble getting an insurance company to fulfill its obligations for payment, you may want to contact a Montana attorney.
The attorney could go over the terms of your policy as well as perform an investigation of your accident. The attorney could then correspond with the insurance company in an effort to get you the money you are owed. If necessary, the attorney could help you prepare a civil suit against the company.
Source: Southeast Texas Record, "Progressive settles, trial over underinsured motorist benefits cancelled," David Yates, March 30 2015