In the state of New Hampshire, drivers must carry a certain amount of insurance to legally be on the road, or show independent proof of their financial responsibility. For those purchasing auto insurance, the minimum requirements are as follows in New Hampshire:
- $25,000 per person injured in an accident
- $50,000 per accident if more than one person is injured
- $25,000 per accident for property damage
- $1000 in medical payment benefits
The financial responsibility requirement means that, if this minimum is not purchased, proof of financial responsibility must be submitted to the Bureau of Motor Vehicles (via an SR-22 form) for any vehicle operated in the state. If someone purchases a minimum rate insurance policy, that requirement is met.
Underinsured motorists could cost you
It is always advised that motorists purchase a policy extending beyond the minimum amount. This is because in the event of an accident, an underinsured motorist will simply not have enough coverage to properly address the needs of your accident. You will have to have a skilled attorney on your side to fight against their insurance company, or go after their personal assets in order to claim the compensation that you deserve.
In New Hampshire, underinsured motorist coverage is in most cases included when you purchase a liability policy.
The moment when you find out the driver who struck you has no insurance is a terrifying one. It's against the law to not carry the minimum amount of auto insurance or otherwise demonstrate financial responsibility in New Hampshire, but some drivers still break those laws. You will likely have a hard time being compensated for your loss and hardship.
An uninsured motorist can be nearly impossible to get compensation from after your accident. If you have uninsured motorist coverage (which is highly advisable), you may be able to obtain money from your own insurance company for your accident. But it might not be enough. Going after personal assets may be an option, but possibly not a viable one. If the other driver couldn't afford car insurance, odds are they don't have any assets. But don't give up. We can help you explore every legal option. That's what we do. We never give up. It's why we've been in business since 1870. At our firm, we simply do not stop until we get results.
We will fight for your compensation
You may have only found out recently that the other driver doesn't have insurance or is underinsured. Now what? Who pays? Where will the money come from? Our experienced car accident attorneys can help. Contact us for a free case evaluation with an attorney from one of the oldest firms in New Hampshire. We're dedicated to your cause. Your priority is our priority.