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As in uninsured motorist claims, because underinsured motorist claims are contract claims, the statute of limitations is four (4) years.
Yes, you need uninsured motorist coverage even if you have collision and comprehensive coverage. Collision insurance will pay to repair your vehicle if you're hit by an uninsured driver, but it won't pay for any of your medical expenses, and comprehensive insurance won't cover your costs at all after a collision.
If you don't have uninsured motorist coverage on your own insurance policy, you cannot make a claim or recover damages against an uninsured driver.Insurance companies work by filing claims against other insurance companies, so if there isn't one, there's literally no way for the insurance company to recover damages.
Call the police. If you get into a car accident, regardless if the other person has insurance or not, it's always a good idea to call the police. Don't accept money. Swap information. Gather details. Take pictures.
Texas is considered a no-fault state, meaning that if the uninsured driver caused your accident, injuries and property damage, you may be entitled to sue for damages. Unfortunately, if a motorist cannot afford adequate car insurance, it is unlikely that he or she will have much to offer financially, despite being sued.
What Happens If You Reject Uninsured Motorist Coverage? If you reject uninsured motorist coverage, you will need to use another type of coverage or pay out of pocket in the event that you are hit by an uninsured driver.
Uninsured vs Underinsured Motorist Coverage in Texas. All drivers are required to carry liability insurance in the State of Texas. Uninsured and underinsured motorist coverage is not required in Texas, however, your automobile insurance carrier is required to offer it to you.
Texas law requires all auto policies to offer uninsured and underinsured motorist coverage. However, it does not require drivers to buy this coverage, so you can choose to decline it. Still, this coverage can be a significant benefit to you should you ever have a wreck involving someone who doesn't have insurance.
Uninsured/underinsured motorist coverage pays if you're hit by someone who didn't have insurance or didn't have enough to pay your medical and car repair bills. It also pays if you're in a hit-and-run accident. Insurance companies must offer you this coverage. If you don't want it, you must tell the company in writing.