It is estimated that the average cost of treating an injured motorcycle rider after an accident is approximately $33,000. At Tenn and Tenn, P.A., we think it's important for motorcycle riders in New Hampshire to understand what health and automobile insurance will likely cover as well as what they won't cover.
Health insurance can help pay for medical bills directly related to your accident, but it can't help you recover the wages lost while you are incapacitated, the expenses of repairing or replacing your bike, adding accommodations to your home such as grab bars or ramps, physical therapy or any other costs that may accumulate in the wake of a crash. You may feel confident that the other driver's insurance will cover any bills. The unfortunate fact is that there are more and more uninsured and underinsured drivers on the road every year. If you have the misfortune to wind up in a motorcycle accident with one of them, you stand to lose more than you think.
An underinsured motorist has just enough insurance to cover the losses you suffer as the result of a collision with him or her, but doesn't have enough liability insurance to cover additional damages. Meanwhile, an uninsured motorist has no liability automobile insurance at all. In New Hampshire, there is no legal mandate to carry automobile insurance although the state does require drivers to have enough assets to pay for damages should they be involved in an accident. Therefore, motorcycle riders in New Hampshire are at even greater risk of losing more than their health and well-being following a motorcycle collision; you may be hit with a substantial financial burden as well.
You probably have an Underinsured Motorist (UIM) policy, which is required in New Hampshire and is intended to cover your medical costs should an underinsured or uninsured driver injure you. Even if you do, that alone is not enough to cover all the bills and expenses that can accumulate, depending on your policy. In the end, your only recourse is to contact a personal injury attorney and file a lawsuit to recoup any damages you suffer above and beyond basic medical care to treat your injuries following a motorcycle accident.