The state of Iowa mandates that all drivers purchase and maintain a minimum level of liability insurance on their vehicles. Despite this, a startling percentage of drivers do not follow the rules set forth by the state. People may give various explanations for why they choose to drive without insurance, but regardless of whether or not their decision is reasonable, it still poses a significant threat to both the driver and everyone else on the road. The law firm, RSH Legal Iowa Personal Injury Lawyers, can help you best.
Insurance Legislation in Iowa
Nearly all states mandate that drivers buy and keep current on their liability insurance policy for any vehicle that is registered in their state.
Insurance plans serve as a type of liability protection because most people in the United States cannot cover the costs of an accident out of their own pockets. If a person is involved in an automobile accident, they can seek coverage from their insurance carrier, even if the accident was their fault.
According to the laws of the state of Iowa, insurance policies are required to meet or exceed certain limits.
- $20,000 for each person who suffers bodily injury or dies as a result of any one accident.
- $40,000 for any accident that results in the bodily harm or death of two or more people at the same time.
- $15,000 in compensation for any one accident that results in bodily harm or the loss of personal goods.
The Obstacles That Stand in the Way of Receiving Compensation from an Uninsured Driver
According to the state of Iowa statutes, those who have been hurt in accidents have the legal right to submit a claim for personal injury against the person or entity responsible for their injuries. It is possible for the driver who was at fault in an accident to be identified as a defendant in a civil claim, even if they do not have auto insurance coverage.
Your automobile accident attorney in Iowa may be able to assist you in determining whether the driver who caused the accident has the financial resources necessary to settle a claim by performing the following analysis:
- Conducting a cash and asset check in order to determine the presumed perpetrator’s level of wealth.
- Preventing the defendant from selling important assets before or during the course of legal proceedings by placing a lien on those assets.
- The plaintiff files a case against the defendant and asks the court to issue a judgment against the defendant, which may result in either a lump-sum payment or a payment plan with installments.