How the economy is affecting personal injury claims?
How does the economy, in its current tailspin, affect you if you've been hurt in any type of car wreck or other accident? It could affect you a lot.
With more and more layoffs being seen throughout the Memphis and greater Mississippi and Tennessee areas people are having to tighten there belts more than ever. What this means is that many people are skipping there monthly payments to what they may see as "unnecessary" expenses such as car and auto insurance.
When drivers start skipping these payments it hurts everyone. The end result is that the guy who rear-ended you on I-240 or Poplar Avenue may not have insurance to pay for the damage that he caused to you and your vehicle, not to mention your medical bills.
And if he can't afford to pay his car insurance good luck on collecting for any damages that you may be awarded if you do sue him in court and win. It's an almost 100% guarantee that you'll never see a dime. The only thing you'll be left with is recurring pain in your wallet and in your body.
So how do you avoid having this happen to you? The very first thing to do is to call your current car insurance salesperson and tell them that you want to increase your uninsured motorist coverage to at least one million dollars. That's right, at least $1,000,000, today's health costs are soaring and you want to make sure you have a large amount of coverage.
You'll be astounded at how cheap this coverage will be. For me it's only around $135 per year for both of my vehicles. And it's well worth the peace of mind knowing that I'll be taken care of even if the person who hit me wasn't taking care of his business. So go out and call your agent today. You never know when you will be in a Memphis car accident.
If you've been hurt in any type of accident and need the help of a personal injury lawyer, accident lawyer or wrongful death attorney we are here to help you. Call our offices or request my free book "7 Deadly Mistakes That Can Kill Your Memphis Accident Case" Here before you talk to any insurance adjusters or call a personal injury lawyer.
