Because the effect of insurance on Charleston defective motorcycle part wrecks is so substantial, it pays to both be covered as a driver and to have a dedicated attorney who could help you recover. While insurance could help you avoid additional shares of fault, it could also cover recovery expenses. To obtain additional monetary awards from negligent parties, reach out to an attorney with experience.
How The Lack of Insurance Could Impact a Claim
The lack of insurance could impact a Charleston motorcycle defect injury case in many ways. First and foremost, in South Carolina every driver is required to carry at least minimum limits of insurance on their vehicle, whether it is a motorcycle, car, or truck.
Currently, the minimum limits are $25,000, which is fine, but low and unrealistic to compensate somebody for any type of injury they might have, even a minor accident. Those minimum limits are required to be carried by every driver.
Part of that coverage of whatever amount they purchased, whether they purchased the minimum limits of $25,000 or more, like $100,000, $200,000, or whatever their liability coverage is on their motorcycle, provides coverage if the other driver is uninsured. They would be able to make a claim against their own insurance, which is called uninsured motorist coverage or UM. That is based upon it not being their fault. Their insurance company is not going to raise their rates, because of a fault-based claim made by them.
It is because the other driver was irresponsible, did not carry insurance, and did not carry the coverage the other driver is supposed to carry. Yet, somebody has damages and injuries that they need to compensated for. In that instance, they would be able to make a claim for an uninsured motorist against their own policy, up to the amount of policy limits that they have available for underinsured motorist. Those usually track and mirror the same type of limits that they have for their liability coverage in the event that they are responsible for an accident. It is what coverage would be available for their insurance company to pay out to the other party since they were at-fault. That amount of coverage that they have for their liability is likely the same amount that would be available to them to file an underinsured motorist claims and recover money for their injuries and damages.
Is Insurance Mandatory?
Yes, insurance is mandatory for Charleston motorcycle drivers. Every vehicle in South Carolina, even golf carts, are supposed to be insured. Motorcycles are supposed to be insured as well as cars, trucks, tractor-trailers, and so forth.
Consequences of Not Possessing Insurance
The possible penalties for not having insurance are criminal penalties. In South Carolina, with any type of Motor Vehicle Code, there is Criminal Code for things they are supposed to have, whether it is a driver’s license, insurance, or anything else required to operate a motor vehicle. There is a criminal justice system with a penalty code that is going to lay out fines and/or penalties. If it is their first offence, there are fines as penalties and potential jail time would be lower than if it is their third or fourth offense.
People should be aware that there are serious penalties, fines, and potential prison time when they do not carry the proper credentials, whether it is licensing, insurance, or whatever else is required by South Carolina Law to drive a motorcycle in the state.
Learn More About the Impact of Insurance on Charleston Defective Motorcycle Wrecks
The effect of insurance on Charleston defective motorcycle wrecks cannot be understated. If a victim or wrongdoer was without insurance during the time of the wreck, victims could be left with little elsewhere to turn or worse, legally liable. To make matters worse, the liability of a claim could be directly impacted should a victim choose to pursue legal compensation. Let an attorney help you through this trying time. Reach out today.