We know someone who was injured in a car accident recently.
Our friend, Jonathan, waited at the light at the intersection of Major's Path and Torbay Road until the light turned green. He and his wife were the first car in the right lane of two lanes turning north. The pickup truck in the left lane led the way onto Torbay Road turning left to proceed to Stavanger drive. A car coming from the direction of Torbay and proceeding south slammed with great speed into the pickup truck and then into the driver's side of Jonathan's vehicle.
Apparently the driver's story is he was putting down his cup of tea and didn't notice the light change. But it gets worse. There was no insurance on the vehicle.
Accident and injury lawyers see this too often. It doesn't mean that the injured parties not at-fault are out of luck for obtaining compensation for their injuries, but the basic amount of coverage available for injury claims where no insurance was carried, is only $200,000. This can be taken up pretty fast, depending on the nature of the injuries and how many claimants there may be.
We always tell our clients to obtain the maximum amount of insurance available against third party liability, and a Section D endorsement which provides the same level of coverage to you the insured if you get injured. It's surprisingly cheap.
So if you are injured in a car crash due to someone else's fault, and the at-fault person carries the minimum limits of $200,000, and you carry limits of $1 million, then you're covered for $1 million if need be. Check with your broker and you will be pleased to find out how inexpensive this protection for you and your family is.
Back to Jonathan and his wife. It looks like the injuries are mostly soft tissue in nature, which doesn't mean they can't be serious. 10 or 15% of soft tissue injuries go on to be long term and chronic. It's a shooting gallery out there at times, and you can be in an accident no matter how careful and avoidance-minded you are. You may not be able to avoid an accident, but you can make sure you have enough insurance coverage.