Filing Claims Under Uninsured Motorists, Under Insured Motorists Provisions in Illinois

Uninsured Motorist Bodily Injury Coverage (UM) – Refers to the mandatory coverage that your auto policy provides for you for your bodily injury caused by a hit-and-run driver or an at-fault driver who has no auto liability insurance. The State of Illinois law requires uninsured motorist limits of $20,000 per person and $40,000 per accident. For additional premium, you may buy higher limits to pay for claims that exceed those amounts.

Uninsured Motorist Property Damage (UM PD)T- his is an optional coverage. It provides coverage up to a specific amount, to your vehicle, in the even you were hit by someone who is legally insured. Since this is a partial physical damage coverage on your vehicle then you cannot and should not purchase it if you are also getting comprehensive and collision (there will be overlap in coverage.) Some people refer to a liability policy with (UM PD) as Liability Plus insurance.

Underinsured Motorist Bodily Injury Insurance (UIM) – This is an optional coverage that provides bodily injury equal to that in the UM, in the event that you are injured in an accident that is not your fault and the other person has insurance, but his/her insurance was not enough to cover all the bodily injuries you sustained. Insurers do not have to offer this coverage at the basic mandatory liability limits of 20,000/40,000. In the even the client chose to have higher limits, the insurer must offer this coverage at the same level of UM.

That is why when shopping for the affordabel auto insurance you need to worry about the limits of your policy, not just shop for the cheapest auto insurance quotes.

Your Options:

What can you do if you were hit by an uninsured motorist who was at fault in the accident? Can something be done to help you collect damages?

If you have a private policy you should submit a claim to your private insurer and they will help you collect for the damages. In this case you have to pay for the deductible and once your insurance company collects for damages they will refund you for the deductible that you paid.

You may also submit an Illinois Crash Report to the Illinois Department of Transportation Accident Report Office, 3215 Executive Park Drive, Springfield, Illinois 62766, Phone 217-782-4516. The report must include information about the uninsured driver, and that the case be certified by the State fpr suspension under the Safety and Financial Responsibility Law. Once the case is verified and the accident report is certified, the state will proceed with the suspension of the driver’s license of the at-fault uninsured driver and the license plates of the uninsured owner involved in the crash. The suspension will remain in effect until your a legal agreement is reached between the two parties to pay for the damges caused by the insured motorist, according to the State of Illinois statute related to this matter.

Another option is to take a legal action. You can file a court judgment against the uninsured motorist. If the judgment remains unsatisfied for 30 days, you may submit it to the State of Illinois office for suspension. If you need more information please call one of our agents, or contact the State of Illinois, Safety and Financial Responsibility Section, 2701 S. Dirksen Parkway, Springfield, Illinois 62723, phone 217-782-3720.

Author’s Note: A number of suggestion and some materials were obtained from the State of Illinois website at http://www.cyberdriveillinois.com/departments/drivers/faq.html.

Prepaid Legal – A Review

The purpose of this article is to provide some useful information regarding the Prepaid Legal product and business opportunity.

Company Background:
The idea for this business came about in 1972 when founder, Harland Stonecipher, was involved in a serious accident that left him with thousands of dollars in legal fees. This experience led him to recognize a need for an insurance that could reduce unexpected legal costs. Prepaid Legal is now established in 50 states and in Canada. The company provides cost reimbursement for legal services through plans sold by independent distributors.

About Prepaid Legal:
The different insurance plans provide a certain amount of coverage at no cost and increased coverage for reduced rates. The plans can include unlimited attorney consultation, letter writing, document preparation, traffic violation defense, motor vehicle-related criminal charges defense and general trial defense. Not covered are issues such as divorce, drug cases and major criminal cases; however, members can still receive legal assistance with these issues at a discounted cost. In addition to the legal insurance, the company also offers a monitoring system for the prevention of identity theft.

Compensation:
The Prepaid Legal business opportunity is that of a typical MLM in which people can sell and recruit others to sell memberships. For a $49 fee you can become an independent distributor which gives you rights to market the plans to others. Commissions of $69 to $250 are earned when a member personally sponsors an individual into the business.

This is a very credible company, and the product is a good deal, even if you aren’t interested in the business opportunity. If you plan to do it as a business you should have an efficient marketing plan in place to better achieve success.