SUM Coverage

Fishkill Injury Attorney Serving Wappingers Falls, Beacon, Lagrangeville and Nearby Areas of Hudson Valley

Ira Maurer, Founder of The Maurer Law Firm in Fishkill, New York, offers free consultations to victims of serious personal injury.

VIDEO TRANSCRIPT: In the state of New York, all you have to purchase in liability insurance to put a car on the road is a policy that provides just $25,000 for an individual claim, and $50,000 for all claims stemming from the same accident. Many drivers in New York purchase more coverage than the minimum required by law; however, most don't have enough liability insurance to remotely come close to providing appropriate compensation for injuries they cause when operating a motor vehicle. Drivers in New York are partially protected against a situation where a negligent driver operates a vehicle without any insurance or insufficient insurance. This is because every auto policy in New York must provide Supplemental Uninsured and Under-insured Motorist coverage, known as SUM coverage, in the minimum amount of $25,000 for an individual claim and $50,000 for all claims resulting from one accident. Obviously, SUM coverage of $25,000 and $50,000 is not nearly enough to adequately compensate for significant injuries such as a traumatic brain injury, a herniated disk, a lost limb, or a fatality.

I'm sure you're wondering how the SUM coverage actually works. Here's an example: If you're in an accident and the driver who is at fault has a minimum liability insurance policy of $25,000 for an individual claim and $50,000 for all claims from the same accident and you have SUM coverage on your own policy of $250,000 for an individual claim and $500,000 for all claims from the same accident, you could collect $25,000 from the other driver's insurance policy and up to $250,000 from your own insurance company - if the damages warrant that kind of payment. Some coverage claims can get tricky because you have to bring two separate claims, one against the other driver's insurance and another claim against your own insurance policy. And before you can settle with the other driver's insurance company, you must first get permission from your own insurance company. For this and other reasons, it's best that you rely on an experienced personal injury lawyer to represent you in this type of situation, to make sure you obtain the maximum amount in damages available to you under the law. Fortunately, you can purchase additional SUM coverage for just a few hundred dollars a year by calling your insurance agent and requesting additional coverage.

Don't become a victim of a car accident twice - first, when you're injured in the accident, and second, when the other driver doesn't have enough insurance. I strongly recommend contacting your insurance agent today and discussing your SUM coverage before you're in an accident, to protect yourself and your family.

For more information from Ira Maurer and The Maurer Law Firm, call 845-896-5295. Schedule a free consultation to review your personal injury claim today. At The Maurer Law Firm, we treat your injuries and the impact they have on your life and your family personally, as if our lives depend on it.