Changes to Virginia UM/UIM Law

Jan 17, 2019
Virginia Lawyer

Welcome to Richardson Law Firm PC, your trusted source for professional legal advice and services in the Law and Government category. We specialize in various areas of law, including personal injury matters. In this article, we will discuss the recent changes to Virginia UM/UIM Law and how they may impact you as a resident or visitor to the state.

Understanding Virginia UM/UIM Law

Virginia UM/UIM Law refers to the regulations and requirements surrounding uninsured and underinsured motorist coverage in the state. This coverage protects individuals involved in accidents with drivers who either have no insurance or insufficient insurance to cover the damages resulting from the accident.

Prior to the recent changes, Virginia law required drivers to carry a minimum amount of liability insurance coverage. However, many individuals still chose not to obtain insurance or maintain inadequate coverage, leaving innocent victims at risk of bearing the financial burden of an accident caused by an uninsured or underinsured driver.

The Impact of the New Changes

The revised Virginia UM/UIM Law aims to enhance protection for individuals by increasing the minimum required coverage limits and providing additional options for policyholders. These changes seek to address the financial challenges faced by victims of accidents involving uninsured or underinsured drivers.

New Minimum Coverage Requirements

Effective from [insert effective date], the minimum limits for uninsured motorist (UM) and underinsured motorist (UIM) coverage have been raised. Under the new law, drivers must carry a minimum liability coverage of $25,000 per person and $50,000 per accident for bodily injury, as well as $20,000 for property damage.

These increased coverage limits offer better protection in situations where the at-fault driver either does not have insurance or the insurance coverage is insufficient to cover the damages incurred by the victim(s).

Stacking of UM and UIM Coverage

Another significant change is the introduction of "stacking" in UM and UIM policies. Stacking allows policyholders to combine the coverage limits from multiple vehicles or policies within the same household, providing greater coverage in case of an accident involving an uninsured or underinsured motorist.

This option can be particularly beneficial for individuals living in households with multiple vehicles or multiple insurance policies, as it increases the potential compensation available to them.

How Richardson Law Firm PC Can Assist You

At Richardson Law Firm PC, we understand that navigating legal matters can be overwhelming, especially when faced with recent changes in the law. Our experienced team of attorneys is well-versed in Virginia UM/UIM Law and can provide expert guidance throughout the process.

Whether you have been involved in an accident with an uninsured or underinsured driver, or you simply wish to update your insurance policy to ensure compliance with the new requirements, our dedicated professionals are here to assist you.

As a leading law firm in the Law and Government category, we have a strong track record of successfully representing clients in personal injury cases, including those related to UM/UIM claims. We pride ourselves on providing personalized attention, tailored advice, and vigorous representation to protect your rights and ensure you receive the compensation you deserve.

Contact Us Today

If you have any questions or require legal assistance regarding the recent changes to Virginia UM/UIM Law, we encourage you to reach out to us at Richardson Law Firm PC. Our knowledgeable team is ready to provide the support and representation you need to navigate these changes effectively.

Contact Richardson Law Firm PC today to schedule a consultation and let us guide you through the complexities of Virginia UM/UIM Law. We are here to help and advocate for your best interests, ensuring you receive the justice and compensation you are entitled to.