Tuesday, January 6, 2009

What You Need To Do Before You're in an Albuquerque, New Mexico Accident

In this strained economy more and more people are dropping their auto insurance. Currently as many as one out of three drivers in New Mexico are without insurance. Before you are in an accident you need to review your own policy to make sure your uninsured motorist coverage is adequate--we recommend at least 100,000/300,000 in UM/UIM coverage. You should also choose to get the "med pay" option if your company offers it. With med pay you have a pot of money (at an amount you choose) that will immediately pay your medical bills regardless of who's at fault in the accident. Without med pay your medical bills may not be paid until all treatment has ended and your case receives a lump sum settlement. By then, your medical providers might have you in collections, and your credit rating could be harmed. Last, you need to determine whether you are "upsidedown" in your car: in other words, do you owe more than your car would bring if you traded it in? If so, "gap insurance" is highly recommended. Otherwise you could end up with no car and thousands of dollars in debt.

Caruso Law Offices helps folks who have been injured in accidents where the other driver was in the wrong yet had no insurance. We can help you obtain proper compensation from your uninsured motorist coverage and offer a free consultation with no obligation to review whether an offer from your insurance company is fair.

Please call us today at 505-883-5000 to schedule your free consultation on your auto accident with injuries.

Kelly Vickers
Administrative Assistant to
& under the guidance of

Attorney Mark Caruso

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