posted on July 25, 2019
At Marks & Harrison, our team helps clients every day whose lives have dramatically changed by a car accident. We know how a severe accident can leave you wondering how to pay for your medical bills and other expenses as well as how to make up for lost time at work. Our goal is to help those who have been hurt through no fault of their own to recover the compensation they need to rebuild their lives. Sufficient insurance plays a major role in that solution.
Here, we discuss the different types of insurance coverage available to vehicle owners and drivers in Virginia. We also review what insurance coverage may be available to you if someone else’s actions cause you harm in a car accident. To discuss the specific details of your case with a law firm that has served Virginia residents for more than 100 years, call or reach us online today. We can provide a free consultation through one of our 10 offices located throughout the state.
Most states require car owners to show proof of liability insurance in order to register their vehicle. Liability insurance covers the bodily injury and property damage that you cause someone else to suffer in a car accident that is your fault. The insurance protects your personal assets if the crash victim sues you. Virginia is not one of those states.
In Virginia, you do not need to carry liability insurance as long as you pay a $500 uninsured motorist fee. However, paying this fee will only allow you to register your vehicle and take it on the road. It will not protect your personal assets if you cause a collision that damages another person’s car or causes injury to them. For this reason, it is a good idea to carry liability insurance.
If you buy liability insurance in Virginia, you must carry the following minimum amounts of coverage:
If you were responsible for a car accident that hurt someone else, you could be held responsible for their medical bills and other damages. After adding medical expenses, lost wages, future lost wages, pain and suffering damages and more, the amount of damages you owe may be substantially higher than what your liability insurance covers if you carry only the state-required minimum limits.
Because your insurer will only try to settle your case within your policy limits, you could be held personally liable for any damages that exceed the amount that your insurance covers. The car crash victim could go after your home, your car and other personal assets, or the victim could seek to garnish your wages. The accident could lead to financial disaster for you.
For this reason, you should strongly consider getting liability insurance that exceeds the minimum amounts required by law. You may find that it costs only a few dollars extra in insurance premiums. However, if you cause a crash, you will be glad that you have that extra protection.
As personal injury attorneys who work with car accident victims on a daily basis throughout Virginia, we suggest that you also consider carrying at least two other types of optional auto insurance:
Additionally, to be sufficiently insured, you may want to consider getting other types of optional auto insurance coverage, including:
Every individual’s financial situation is unique. So, it is up to you to determine how much additional insurance coverage you need. The more insurance you have to protect yourself, the better off you will be if you are ever involved in an accident. For example, if you own a home, have steady employment, and your family depends on you, then you might want to consider purchasing a policy that exceeds the minimum requirements and provides added coverage.
If you were hurt in an accident caused by another driver, the car accident attorneys at Marks & Harrison can thoroughly investigate the crash and identify all insurance coverage available to cover your losses. Our goal will be to recover the maximum amount of compensation for you and your family. Contact us today for a free, no-obligation consultation to learn more about your legal rights and options after a car crash in Virginia.
William R. Sievers joined Marks & Harrison in 2019 after practicing with a Richmond personal injury law firm and with an insurance defense firm. A graduate of Elon University and The Appalachian School of Law, Rob also served as a law clerk in the U.S. District Court for the Western District of Virginia and as an Assistant Attorney General and Associate Solicitor General for The Office of the Attorney General for the Commonwealth of Virginia. He is licensed to practice in all of Virginia’s state and federal courts as well as the Fourth Circuit and Sixth Circuit U.S. Courts of Appeals and the U.S. Supreme Court.