In the case of Pfeifer v. Phoenix Insurance Co, the Maryland Court of Special Appeals has recently affirmed that the statute of limitations for UM coverage or UIM coverage suit is three years from the date of denial of coverage, orthe exhaustion of the tortfeasors coverage occurs. Practically speaking, if you are involved in an accident on 1/1/06, and the tortfeasor offers their policy on 1/1/07, the statute of limitations would begin to run on 1/1/07, giving you until 1/1/10 to file a claim against the UM/UIM carrier.
Oftentimes, I come across clients who suffer injury at the hands of an uninsured or underinsured driver. Understanding the process of collecting under your UM/UIM means the difference between collecting what is fair or being at the mercy of the insurance companies. Should you be involved in a motor vehicle accident with an uninsured driver, or a driver who has a small policy, contact an experienced Maryland Personal Injury Attorney at Silverman, Thompson, Slutkin & White, LLC to learn your rights.