Conversion coverage is a special type of uninsured/undersinsured motorist insurance that provides important benefits to you and your family. You should know what it is so you can make a conscious choice about whether to purchase it or not.  You should definately purchase it.  Here is why.

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First, conversion coverage is "first party" coverage which means it is designed to protect you, the person who purchased it.  Compare that to liabiltiy coverage which is coverage to protect the other guy--the guy who you just crashed into who is now suing you.  So, understand that you are purchasing something that benefits you, and your family.

Second, conversion coverage is uninsured/underinsured motorist insurance that protects you when the at-fault party does not have enough insurance to cover your claim.  Think about this for a second.  This means that it is designed to help you only when you have a large claim. Isn't that exactly when you would need it the most?  This means it is relevant only when you have a serious injury--so serious that the damages you suffered exceed the liability insurance of the other guy.  Since you have a serious injury you need the insurance more than ever.

Third, with regular uninsured/underinsured motorist coverage, your insurance company gets to reduce their payment to you dollar for dollar based on the amount you received from the at-fault party.  Here is an example:  You have been in a serious car accident in Waterford, Connecticut and you suffered a low back injury that will require surgery.  If the at fault-driver had only $20,000.00 in coverage that is not enough to cover you claim.  So, if the at-fault party had $20,000.00 in coverage and you had $50,000.00 in underinsured motorist insurance then your insurance company only has to pay you another $30,000.00 ($50,000.00-$20,000.00=$30,000.00) in benefits even if your damages exceed the policy limits.  But if you have conversion coverage, there would be no $20,000.00 credit, and you would receive the full $50,000.00 on top of the $20,000.00 you already received from the tortfeasor. 

If you have been in a serious car accident in Waterford, Connectict or in an other town feel free to contact The Bartinik Law Firm, PC. 100 Fort Hill Road, Groton, CT., at 860-445-8521 or toll free at 888-717-4211.

Peter J. Bartinik, Jr.
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Civil Trial Attorney, Practicing Law in Connecticut