Being involved in a hit and run accident can be a traumatic experience. In addition to physical and emotional injuries, many victims also worry about the financial impact of the car accident.
One common concern is whether their insurance rates will go up after a hit and run in Denham Springs, Louisiana. In this blog, we’ll discuss the potential impact of a hit and run on your insurance rates and how Pierce & Shows can help.
At Pierce & Shows, our experienced personal injury lawyers are here to help you understand your legal options and guide you through the aftermath of a hit and run accident.
Impact on Insurance Rates in Denham Springs Louisiana
After a hit and run accident, many people worry that their insurance rates will go up.
Unfortunately, this is a possibility. Insurance rates are determined based on a variety of factors, including your driving history and the number of claims you file. If you file a claim for a hit and run accident, your insurance company may view you as a higher risk driver and raise your rates accordingly.
However, there are some factors that may mitigate the impact on your insurance rates:
- For example, if you were not at fault for the accident and the other driver cannot be identified, some insurance companies may not count the accident against you.
- Additionally, if you have uninsured motorist coverage, your insurance company may cover the cost of the damage and injuries sustained in the hit and run, which may prevent your rates from going up.
Uninsured Motorist Coverage in Louisiana
While uninsured motorist coverage is not required in Louisiana, it can be an important tool for drivers.
In many hit and run cases, the police may never find the fleeing driver, which means you will not be able to bring an insurance claim against their insurer. Furthermore, many such drivers flee because they lack insurance, so even if they are identified, you are still left responsible for medical and repair bills.
If you have uninsured motorist coverage, then your own insurer will cover your expenses following a hit and run accident. You don’t need to find the other driver or negotiate with their insurer as your policy covers your expenses.
In theory, the best thing to do is to get as much uninsured motorist coverage as you can afford. Your policy will only pay out as much as is covered, so it is best to obtain the greatest amount of coverage as possible. If you do suffer an accident with a hit and run driver, your uninsured motorist coverage may not pay for everything if you opt for a cheaper policy.
How Pierce & Shows Can Help
At Pierce & Shows, we understand the stress and uncertainty that can come with a hit and run accident.
Our experienced car accident injury lawyers will work with you to help you understand your legal options and guide you through the insurance claims process. We have a deep understanding of insurance law and will fight to ensure that you receive fair compensation for your injuries and damages.
If you have been involved in a hit and run accident in Denham Springs, it’s important to contact a personal injury lawyer as soon as possible.
Our team of attorneys will investigate the accident and work with law enforcement to identify the other driver. If the other driver is not identified, we will help you file an uninsured motorist claim with your insurance company. We will handle all aspects of your case, from negotiating with insurance companies to representing you in court if necessary.
Contact a Denham Springs Car Accident Attorney Today
If you have been involved in a hit and run accident in Denham Springs, don’t hesitate to contact Pierce & Shows for a free consultation. Our experienced personal injury lawyers will listen to your story, answer any questions you may have, and help you understand your legal options. Contact us today to learn more about how we can help you get the compensation you deserve.
