(719) 587-1992
(719) 587-1992
Convenience of a Country Lawyer. Results of a Big City Attorney.
You don’t have to travel into the city to get quality legal representation. When you are seriously injured, Larson Law Firm, PC, will fight for the results you need.

Frequently asked questions

What Type Of Auto Insurance Do I Need?

Answer: Liability, UM, UIM and possibly an Umbrella Policy

What type of auto insurance do I need?
What do I do if I am in an automobile accident?
Do I really need an attorney for every claim?
If I do hire a lawyer, what will it cost me?
How do I make a claim against an insurance company?
How do I know if I should settle?
What safety laws apply to trucks and semis?
What are NO-ZONE crashes and how can they be avoided?
What can I recover in a workers’ compensation claim?
How does our court system work?
If you have been injured at the fault of someone else, chances are you may have compensation coming to you. Follow the questions and answers below to help determine what to do with your current situation.
When should I consider a claim for auto injuries?
When should I consider a claim for medical malpractice?
When should I consider a claim for nursing home neglect?
When should I consider a claim for a work accident?
When should I consider a claim for wrongful death?

What Type Of Auto Insurance Do I Need?

Answer: Liability, UM, UIM and possibly an Umbrella Policy

Why Do I Need Liability Insurance On My Vehicle?

For one, it is the law. Many states require that drivers have some minimum amount of automobile liability insurance. The amount of coverage required may vary from state to state. In Colorado, the minimum amount of liability coverage is $25,000 per person and $50,000 per accident. Even if liability insurance is not mandatory in your state, it is still a pretty good idea to carry enough insurance coverage to protect yourself in the event you are at fault in an automobile accident.
To illustrate the importance of automobile liability insurance let us assume that you were driving with three passengers in your vehicle. You are momentarily inattentive and run a red light, striking another vehicle that is carrying a family of four. The three passengers in your vehicle are injured, along with the occupants of the other vehicle. A total of seven people are injured as a result of running the red light. Each of the seven injured people can sue you personally for their medical bills, pain and suffering, lost wages and a host of other damages.
If you had no liability insurance at the time of the accident, you could be held personally liable for the full extent of the damages caused by your negligence. Buying an automobile liability policy after you have had an accident is not the answer. Automobile insurance policies will not cover an accident that has already occurred. In addition, no policy will pay more than its policy limits. You may be personally responsible for any amounts owed the injured people.
If you have automobile liability insurance the insurance company is responsible for hiring a lawyer to defend you should you be sued by the injured people. However, if you have excess exposure (i.e., personal exposure that exceeds your policy limits), you should have your own personal attorney represent you. If an excess judgment is rendered against you, your assets (house, wages, bank accounts, vehicles etc.) may be subject to seizure or garnishment.
You should have enough insurance to protect the assets you have acquired. Your personal financial situation will dictate the amount of automobile liability insurance coverage that is adequate for you. An at-fault accident can have devastating financial consequences. Typically, a case will not be taken to trial if the defendant does not have adequate insurance to pay the judgment. However, in rare cases, if the defendant has personal assets, a case is sometimes brought. Therefore, make sure you have in place adequate automobile insurance coverage.

What Is UM (Uninsured Motorist Coverage) And UIM (Underinsured Motorist Coverage) And Why Do I Need This Insurance?

Colorado law requires that all drivers have at least $25,000 in automobile liability insurance coverage. But, what happens if your personal injuries and medical bills are more than the offending driver’s $25,000 policy? Unless the person causing the wreck has significant personal assets, you will not be able to recover the full extent of your damages. This loss can be devastating to you and your family. That is why UM or UIM Coverage is so important. In fact it may be the most important insurance coverage you can buy.
Essentially, Uninsured/Underinsured Motorist Coverage (UM/UIM Coverage) provides compensation to you, your family members and anyone occupying your vehicle, if you are injured by a careless driver who has no insurance or not enough insurance to cover your loss. UM/UIM coverage allows you to collect any additional compensation from your own insurance company, up to the limits of your UM/UIM coverage. Unless you have UM/UIM coverage, you may not be able to collect for your own personal injuries, medical bills, wage loss and other damages, if the other driver did not have enough automobile liability insurance.
If you already have automobile liability coverage, then you automatically have UM/UIM coverage up to the limits of your liability limits, unless you sign a document called a Waiver Form. The Waiver Form allows you to waive UM/UIM coverage, or select UM/UIM coverage at limits lower than your liability limits. We strongly suggest that you do not waive this coverage and purchase the highest limits available in order to protect you and your family. We have seen families financially ruined when the major bread winner is injured by an uninsured or underinsured driver. DON’T LET IT HAPPEN TO YOU!!!

Finally, do not rely on an insurance agent’s representation that you have “full coverage.” Full coverage does not necessarily mean you have UM/UIM coverage. We encourage you to pull out your insurance policy and check to see that you have adequate uninsured/underinsured motorist coverage. If you do not have UM/UIM coverage, then contact your agent, pay the additional premium and protect yourself first!
If you have a question concerning UM/UIM coverage, or need additional information, feel free to contact us. We will be happy to answer your question without charge. Drive safe, and be smart.

Do I Need An Umbrella Liability Insurance Policy?

Personal umbrella liability insurance financially protects you against a catastrophic lawsuit or judgment. It provides expanded liability coverage over and above your primary liability protection. It increases the coverage afforded under your homeowners/renters and auto insurance policies.
Do not assume that your automobile and homeowners insurance coverage provide you with enough liability protection. If you have significant assets you need to consider additional insurance coverage. A serious personal injury can leave you exposed to a financial exposure over and above your ability to pay.
These policies are generally sold to individuals who have significant assets to protect. Contrary to popular belief, these policies are not just for the very wealthy. Individuals with high or above average incomes may need this type of protection as well. High-income earners may face financial ruin if they are faced with a significant personal injury judgment that exceeds their limits of liability insurance.

Let us assume that you are at fault in causing a very serious motor vehicle accident that kills or significantly injures another driver. You have only $100,000 in automobile liability insurance on your car. The injured party has injuries and medical bills that exceed your $100,000 policy. Without an umbrella policy, you may be responsible for paying for all the injured person’s damages, over and above the limits of your $100,000 liability policy. An umbrella policy provides you with an additional layer of protection that would pay over and above the limits of your underlying policy.
An excess insurance policy will not only protect you if you are involved in an automobile accident, but also protects you in the event you are held liable for an accident that occurs at your home. As mentioned above, an umbrella policy expands the coverage afforded under your auto liability policy and your homeowners liability policy.
Without adequate insurance, even a high-income earning individual could be forced into bankruptcy by a judgment in excess of his available insurance coverage. If your assets exceed $100,000 you may wish to consider an umbrella policy.
Tab Content #2
Tab Content #3
Another Tab Contents
How do I know if I should settle?
Another Tab Contents
Another Tab Contents
Another Tab Contents
Another Tab Contents
Another Tab Contents
Another Tab Contents
Another Tab Contents
Another Tab Contents
Another Tab Contents
Another Tab Contents
Another Tab Contents

CONSULTATIONS ARE FREE, EVEN IF WE DON’T TAKE YOUR CASE — SO DON’T HESITATE TO GET STARTED.

CALL TODAY!

(719) 587-1992
OR REACH US ONLINE TO MAKE AN APPOINTMENT.

what our client’s say

I thought I needed a big city lawyer for my workers’ compensation case, so I hired the Strong Arm. After he took the easy money, he told me I was done. I fired him and took my case to the Larson Law Firm, PC. They fought for me and got another $80,000.

I thought I needed a big city lawyer for my workers’ compensation case, so I hired the Strong Arm. After he took the easy money, he told me I was done. I fired him and took my case to the Larson Law Firm, PC. They fought for me and got another $80,000.

I thought I needed a big city lawyer for my workers’ compensation case, so I hired the Strong Arm. After he took the easy money, he told me I was done. I fired him and took my case to the Larson Law Firm, PC. They fought for me and got another $80,000.

I thought I needed a big city lawyer for my workers’ compensation case, so I hired the Strong Arm. After he took the easy money, he told me I was done. I fired him and took my case to the Larson Law Firm, PC. They fought for me and got another $80,000.

I thought I needed a big city lawyer for my workers’ compensation case, so I hired the Strong Arm. After he took the easy money, he told me I was done. I fired him and took my case to the Larson Law Firm, PC. They fought for me and got another $80,000.

Austin Sisson
Austin Sisson
2024-04-05
Mr. Larson and his staff were excellent to work with on my case. They kept me informed at every step, answered all of my many questions, helped me understand early on what this process would be like, and ultimately made an extraordinarily stressful time in my life far easier to manage. The valley is fortunate to have Mr. Larson here. If you are needing legal services and live here in the valley, I absolutely recommend going with him. He is honest, hard-working, and takes all of the time you need to help you navigate your case. I sincerely appreciate all of the work from he and his staff over the past year and a half. Thank you again!
Shirley Atencio
Shirley Atencio
2023-12-14
Mr. Larson and staff were great! They kept me updated throughout the process of my case. It’s awesome to have a big time lawyer in our community. I’m grateful for their support, guidance, and hard work,
Willow Wortham
Willow Wortham
2023-05-05
He was awesome!
William Drain
William Drain
2019-11-18
Mr. Larsen was very professional and helpful. The office is just stunning. Well kept grounds.
Corbin Hales
Corbin Hales
2019-11-07
Good

RESPONSIVE AND ACCESSIBLE WHEN YOU NEED US MOST

Unlike larger Colorado law firms that treat their clients as case numbers or files, we treat our clients as individuals with unique injuries and needs. We will meet with you personally to gain a clear understanding of your injury and how it has affected your day-to-day life.

As your case progresses, we will work with you every step of the way. We will take the time to answer all your questions and keep you updated on your case and will even find reputable medical and psychological service providers so you can get the health care you need — and we will make arrangements for them to be paid when your case is over.

LOCATION

319 Ross Ave.
Alamosa, CO, 81101

CONTACT

phone: (719) 587-1992

fax: (719) 587-1934

HOURS

Mon - Thurs 8:30 AM - 4:30 PM

Fri 8:30 AM to 12 PM

© 2024 Larson Law Firm, PC • All Rights Reserved | XML Sitemap | Site Map | Privacy Policy | Terms & Conditions

Powered by: