In most states, there is a minimum amount of automobile liability insurance that is required by law. The New Orleans car accident attorneys at Lambert Zainey strongly recommend carrying at least the minimum coverage required.
This coverage is very important if you are at fault in a car accident as it protects you from being held personally liable for the full amount of damages caused. If you have no liability coverage at the time of the accident but purchase it afterwards, it will not cover an accident that already occurred.
Should You Get More Than the Minimum Insurance Required?
While insurance coverage in excess of liability coverage is not usually required by law, our car accident attorneys strongly recommend exploring your options. No insurance policy will pay out more than the policy limits, and you could be held liable for amounts owed to the injured party if your coverage is not sufficient.
Among the extra insurance coverage our New Orleans car accident attorneys recommend is uninsured/underinsured motorist coverage. When you are involved in an accident with someone who does not have insurance, your only recourse to recover damages is to sue the driver personally. While many times a personal lawsuit will prove unsuccessful when it comes to recovering monetary compensation, but having your own uninsured/underinsured motorist insurance coverage means that YOUR insurance company pays the damages from your car accident in place of the negligent driver.
No Pay / No Play Law
When it comes to the importance of insurance, our auto accident lawyers note one more important fact. In Louisiana, there is a policy of no pay/no play when it comes to car insurance coverage. This means that if you do not have the state minimum insurance and are involved in a crash, you may not be able to recover compensation for damages even if you are not at fault.
If you’ve been involved in an auto accident in Louisiana, contact the New Orleans car accident attorneys at Lambert Zainey today for a free consultation.