Motorist Coverage-Picture this: you’re driving down the highway, enjoying a beautiful day and singing along to your favorite tunes on the radio. Suddenly, out of nowhere, a car slams into yours – completely totaling it. You exchange insurance information with the other driver only to find out that they don’t have enough coverage to fully pay for your damages or medical bills.
This nightmare scenario is all too real for many drivers who don’t have uninsured/underinsured motorist coverage. In fact, according to recent statistics, 1 in 8 drivers on the road are uninsured or underinsured. So why take the risk? In this blog post, we’ll explore why having this type of coverage is more important than ever before and how it can protect you from financial devastation in case of an accident caused by an uninsured or underinsured driver.
What is Uninsured/Underinsured Motorist Coverage?
If you’re in an accident with someone who isn’t insured, your car or property may be at risk. Uninsured/underinsured motorist coverage can help protect you from financial losses if someone else’s negligence causes a crash.
Uninsured/underinsured motorist coverage is mandatory in most states, and comes in two types: bodily injury liability and property damage liability. With bodily injury liability, your policy covers you if you’re injured in an accident by someone who doesn’t have insurance. With property damage liability, your policy covers you if something happens to the car or property you were driving when the accident happened.
Both types of coverage come with limits – usually $100,000 per person, per accident. However, these limits are usually increased if the other driver was driving under the influence of alcohol or drugs at the time of the crash. In addition, your policy may also cover any medical expenses that result from the accident.
When is it Necessary?
If you have a car, you need uninsured/underinsured motorist coverage. This coverage helps pay for damages you may suffer when someone hits you while you’re driving and doesn’t have enough money to cover the cost of your damages.
Uninsured/underinsured motorist coverage can help protect you in a few different ways:
1. If someone hit your car and caused damage, they may not be able to pay for the repairs. With uninsured/underinsured motorist coverage, your insurance company will help cover the costs of fixing your car.
2. If someone hit your car and caused total loss – meaning they destroyed your car – uninsured/underinsured motorist coverage can help pay for the costs of a new car or a settlement.
3. If someone hit your car and injured you, uninsured/underinsured motorist coverage can help pay for medical bills and other expenses related to the accident.
4. Uninsured/underinsured motorist coverage can also protect you if you’re arrested because of an accident that happened while you were driving. This type of coverage can help cover legal fees and other expenses related to the arrest.
How Much is Coverage?
If you’re a driver, you should have uninsured/underinsured motorist coverage. This type of coverage protects you financially if someone else is in your car and they don’t have enough money to pay for the damages they cause. Uninsured/underinsured motorist coverage can protect you against expenses like:
Paying for damage to your car that wasn’t your fault
Getting sued by the person who was in your car when the accident happened
Medical costs if you are injured in an accident with an uninsured or underinsured driver
Who is Covered?
In the United States, anyone who drives a car is at risk of being involved in an accident. This includes people with insurance and people without insurance. Uninsured/underinsured motorist coverage can help protect you from financial losses if you are involved in an accident with someone who does not have enough insurance to cover the costs of your injuries or damages.
What to do if You Are Injured in a Car Accident
If you are injured in a car accident, it is important to know what to do. Here are some steps to take if you are uninsured or underinsured:
1. Call your insurance company as soon as possible. Make sure you have the accident report and any other documents related to the accident. This information will help your insurance company determine whether they will cover your injuries.
2. If you are covered by insurance, make sure to get all of the medical bills and records from the hospital or doctor. This information will help your insurance company figure out how much coverage they should provide for your injuries.
3. If you are not covered by insurance, make sure to gather all of the money you spent on medical bills and other related expenses in order to apply for financial assistance from government programs like Medicaid or Medicare. These programs can help cover some of the costs associated with car accidents.
Conclusion
If you are involved in a car accident where the at-fault party is uninsured/underinsured, you may be entitled to recover money damages from that person. Your injuries and losses may entitle you to compensation for both financial and nonfinancial losses. The purpose of this article is to provide an overview of what uninsured/underinsured motorist coverage (UMC) is and outline some of the important protections it provides. Hopefully, this will help you understand why it is important for you to have UMC and how it can protect your rights if you are involved in a car accident.
