Everyone who gets into a vehicle is at risk of being injured in a motor vehicle accident. But for those who jump onto a motorcycle, the risk is even higher. According to national statistics, only 3 percent of all motor vehicles registered in the United States are motorcycles, yet 15 percent of all fatal accidents that happen each year involve motorcycles. And for those motorcycle accident victims who are fortunate to survive the crash, there is often serious or severe injuries which have been sustained that involve long recovery and may even leave the victim with permanent disabilities. The disproportionate risks highlight the importance of motorcycle insurance in Illinois.
Under Illinois law, it is mandatory for every vehicle owner to have insurance coverage in the event they are in an accident. The minimum insurance required under the law is:
- Injury or death of one person in an accident: $25,000;
- Injury or death of more than one person in an accident: $50,000; and
- Damage to property of another person: $20,000.
Although $25,000 may seem like a lot of money, it is important to keep in mind that most injuries sustained in motorcycle accidents are typically serious ones that require expensive and long-term medical treatments. That $25,000 could be quickly maxed out, leaving a seriously injured motorcycle accident victim still facing overwhelming medical bills.
Another factor to consider is that, unfortunately, not everyone follows the law and there are far too many vehicles on Illinois roads that are not insured. Although the state may penalize that driver for not having insurance, that will not help the injured victim.
Since motorcycle riders face a higher risk of being in an accident, it only makes sense that they also run a higher risk of being in an accident caused by an underinsured or uninsured driver. This is why it is so important to have motorcycle accident insurance to not only cover damages if they are at fault in an accident but should also consider purchasing uninsured/ underinsured motorist coverage. If you are in a crash and the at-fault driver does not have coverage, then that insurance policy should cover your damages.
Dealing with underinsured or uninsured motorcycle accidents can be complex. This is why it is always in the best interest of the victim to let a skilled Chicago motorcycle accident attorney advocate for them and deal directly with the insurance companies, allowing the victim to be able to focus on their recovery.