You’re driving along, minding your own business, just trying to get to work on time or back home from the grocery store, and BAM! Some idiot slams into your car and then drives away without stopping. Despite the shock of the crash, you’ve had the presence of mind to remember their license plate number and give it to the police, who show up in response to your 911 call. But when they run the plate, they tell you the car that hit you was reported stolen. What do you do? How will you pay for your car’s repairs?

Even if you track down the owner of the stolen car, their insurance company is likely to refuse to pay your claim, arguing that the person who had stolen the car was using it without the owner’s permission. In that case, you’ll have to look to your own insurance company for coverage.

Protect Yourself With Uninsured/Underinsured Insurance Coverage

This is why it’s important to protect yourself properly. Uninsured or underinsured motorist coverage is there to give you a way to recover for damages when the person who hit your car doesn’t have insurance (uninsured) or does have coverage but not enough to pay for your damages and injuries (underinsured).

Some states require motorists to purchase underinsured or uninsured motorist coverage; Colorado is not one of them. So when you see that option from your insurer, think carefully before you decline to tick the box. Saving a few bucks per month now could cost you tens of thousands or more later.

See what Marlo Greer has to say on TikTok about protecting yourself from uninsured or underinsured drivers.

The Greer Law Group Can Help You Recover in Your Hit-and-Run Case

If you’ve been injured or your car has been damaged by a hit-and-run driver, even if you have uninsured/underinsured coverage, the Greer Law Group can help you. It’s not unusual for your own insurance company to try to lowball you, offering you much less than fair compensation for your damages and injuries. We understand how insurers work and the tactics they use, and we can help you negotiate for the compensation you deserve.

To learn more about how the Greer Law Group can help you negotiate your fair recovery, contact us at  (720) 637-2467 or use our contact form to schedule a free, confidential consultation.