Accidents happen. That’s why all motorists in Long Island and the rest of New York are required to carry auto insurance with minimum liability coverage amounts of $25,000 per injured person and $50,000 per accident. However, just because you satisfy the legal auto or motorcycle insurance coverage requirements doesn’t mean you’re completely protected.
The potential that you may not be fully covered in case of an accident is why it’s important to speak to a Long Island car accident lawyer when deciding whether to purchase supplemental insurance. Supplemental Underinsurance Coverage (SUM coverage) could make a huge difference in the level of compensation accident you could be entitled to if you or a love one has been hurt in a motor vehicle collision.
What is Supplemental Underinsurance Coverage?
Even if you have a good auto or motorcycle liability policy, you can still be left out in the cold. Your $100,000 liability policy would only cover accidents where you are at fault, working to compensate victims of your negligence. If another motorist is at fault and injures you in an accident, you are only entitled to coverage in the amount of their liability policy. If that driver only carries $25,000, you would only be entitled to the $25,000 of coverage held by the at-fault driver.
This is where SUM coverage is helpful. If you also had $100,000 in SUM coverage, you would be entitled to the $25,000 coverage from the driver who caused the accident as well as up to $100,000 in additional coverage from the SUM policy you purchased to help with covering your losses.
Contact a Long Island Personal Injury Attorney
It’s important to comply with New York’s insurance laws when operating a vehicle. However, going the extra mile to protect yourself is always a good idea. To avoid a gap in coverage for you and your loved ones if the unthinkable happens, speak to the experienced Long Island car accident attorneys at the Falkowitz Law Firm, PLLC to make sure you have the appropriate coverage as a precaution. Contact us 24/7 at (844)-385-4279 or by completing our online Contact Page to schedule a free, no-obligation consultation. Let our skilled attorneys use our resources and knowledge to answer your questions and put your mind at ease today.
Gary P. Falkowitz is the Managing Partner and Founding Attorney of the Falkowitz Law Firm PLLC‚ one of the premiere personal injury law firms in New York. Gary received his J.D., in 2005 from St. John’s University School of Law and served as an Assistant District Attorney with the Kings County District Attorney’s Office.