Car insurance is an essential coverage that every car owner should have. It protects you financially in the event of an accident, theft, or damage to your car. However, filing a car insurance claim can be a confusing and stressful process. In Missouri, there are specific laws that govern car insurance claims. This article will discuss Missouri car insurance claim laws in detail.
Mandatory Car Insurance in Missouri
In Missouri, it is mandatory for all car owners to have liability insurance. Liability insurance covers the damages you cause to others in an accident. The minimum liability insurance coverage required in Missouri is $25,000 per person for bodily injury, $50,000 per accident for bodily injury, and $10,000 per accident for property damage. If you are caught driving without insurance in Missouri, you could face fines, license suspension, and even jail time.
Statute of Limitations
Missouri has a statute of limitations for car insurance claims. The statute of limitations is the time limit you have to file a claim after an accident. In Missouri, the statute of limitations for car insurance claims is five years from the date of the accident. If you do not file a claim within this time frame, you may lose your right to compensation.
Uninsured Motorist Coverage
Uninsured motorist coverage is optional in Missouri, but it is highly recommended. This coverage protects you in the event that you are in an accident with an uninsured or underinsured driver. If you do not have uninsured motorist coverage and you are in an accident with an uninsured driver, you may have to pay for your damages out of pocket.
Comparative Fault
Missouri follows the comparative fault rule. Comparative fault means that if you are partially at fault for an accident, your compensation will be reduced by the percentage of your fault. For example, if you are 30% at fault for an accident and your damages are $10,000, your compensation will be reduced by 30% to $7,000.
Proof of Loss
When you file a car insurance claim in Missouri, you must provide proof of loss. Proof of loss is a document that outlines the damages you have suffered as a result of the accident. It is essential to provide accurate and detailed proof of loss as it will determine the amount of compensation you receive.
Right to an Attorney
If you are involved in a car accident in Missouri, you have the right to hire an attorney to represent you. An attorney can help you navigate the complex legal process of filing a car insurance claim and ensure that you receive fair compensation for your damages.
Conclusion
Understanding Missouri car insurance claim laws is essential if you want to protect yourself financially in the event of an accident. By following the laws and regulations, you can ensure that you receive fair compensation for your damages. If you have any questions or concerns about Missouri car insurance claim laws, it is recommended that you speak with an experienced attorney.
