What’s in your insurance policy? Details can make the difference

DENVER (KDVR) – Personal injury lawyer Lisandra Matos has looked into a recent tragedy, when two women died in a car crash while traveling from Colombia, as a time to educate consumers on insurance.

Matos will represent the family of two women, who died on a walk in Aurora.

She told FOX31 that people should always have a plan and not completely rely on an insurance settlement if they are injured in an accident.

“Every time I ask, ‘What do you have on your policy?’ – nobody knows, ”said Matos.

“If we go back to what the law requires, that we apply our policies so that we can drive in Colorado, that limit is only $ 25,000,” Matos said.

If you are injured in an accident – whether driving, walking or cycling – that $ 25,000 settlement could usually be what you get from someone else’s insurer.

“If the person who caused the crash only has one policy, with limits of $ 25,000, that’s all we can get back for the family,” Matos said.

Comprehensive coverage “can be very misleading”

This amount can quickly disappear after medical bills and other expenses.

“Sometimes full coverage is a word that can be very misleading,” said Matos.

She added that full coverage could cover the expenses of a vehicle.

“It doesn’t mean that the car’s most valuable assets, which are the people, are protected,” Matos said.

When she asks her clients what type of insurance they have, Matos replies that the answer is often “I don’t know”. But she will tell you that she would like you to say “uninsured or underinsured coverage”.

“It basically helps you with the person causing the accident, having no insurance, which I see every day,” said Matos, “or if a person causes a big accident and they don’t has that the state minimum, which is $ 25,000. “

Matos said this gives lawyers more compensation options for their clients after an accident.

The difference between what you pay for your policy now and adding additional coverage to your insurance can often be just $ 10 to $ 15 more on your bill.

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Justin D. O'Neill

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