When you're injured in a motor vehicle accident, understanding all potential sources of compensation is crucial. One often overlooked form of insurance is the personal umbrella policy (PUP). This additional layer of insurance coverage can make a significant difference in ensuring accident victims receive the maximum compensation they deserve. Here's everything you need to know about PUPs and why consulting an auto accident attorney is essential.

What Is a Personal Umbrella Policy?

A personal umbrella policy provides extra insurance coverage beyond the limits of standard policies like auto insurance. It’s designed to protect against substantial losses by covering damages that exceed the limits of a typical policy.

For example:

• If an accident victim incurs $150,000 in medical expenses and the at-fault driver only has a $25,000 auto insurance policy, a PUP could step in to cover the remaining amount (up to its limit).
• This coverage can apply to various situations, including bodily injury, property damage, and more.

Why Is PUP Coverage Important?

Failing to investigate the existence of a personal umbrella policy could result in leaving significant compensation on the table. Many at-fault drivers may not disclose this coverage, either intentionally or unintentionally. This is why accident victims should never settle their car accident claim without a thorough investigation.

Key benefits of PUP coverage:

• Extends beyond standard insurance company limits.
• Provides additional funds for medical bills, lost wages, and pain and suffering.
• Protects against the financial fallout of severe injuries or long-term damages.

Avoiding Costly Mistakes

Accident victims often rush to settle for the policy limit provided by the at-fault party's insurance information. However, accepting a settlement prematurely could release the at-fault party—and their insurance company—from further liability, including coverage under a PUP.

What to do:

1. Consult an Attorney Early: A seasoned car accident lawyer can identify whether a PUP exists and ensure all claims are preserved.
2. Thoroughly Investigate: Lawyers have the tools to uncover additional layers of insurance coverage, including PUPs.
3. Protect Your Rights: By working with an accident attorney, you can maximize your recovery for medical expenses, injuries sustained, and other damages.

Why You Need an Attorney

Navigating car accident cases involving PUPs can be complex. Lawyers experienced in motor vehicle accidents know how to handle these intricate claims. They can help ensure accident victims are fully compensated for their injuries while avoiding legal pitfalls.

Whether it’s uncovering hidden policies or negotiating with insurance companies, having a skilled auto accident attorney by your side is critical.

Contact Us for a Free Consultation

If you've been involved in a car crash and want to explore all your options for recovery, we're here to help. Contact Dwyer Williams Cherkoss Attorneys at 541-617-0555 for a free consultation. Our experienced team will work tirelessly to ensure you receive the compensation you deserve.