Uninsured drivers are a huge problem across the United States. Each year billions are paid out in uninsured motorists claims. Even though uninsured motorists have steadily declined over the past decade, some states still have one in four drivers driving without insurance. You can protect yourself with an insurance coverage called uninsured motorist coverage.
Uninsured motorist coverage (often times referred to as UM, UMPD or UMBI coverage) is required in some states, so check with your insurance agent it you already have this coverage. In other states, it is purely optional, but certainly a good idea to carry. If you’re injured or are involved in an accident with an uninsured motorist, this coverage will help protect you, get your vehicle repaired and can even pay your medical bills as well as act as insurance in case of a lawsuit if you’re badly injured.
Uninsured coverage comes in many forms, all meant to protect you in case you’re involved in an accident with an uninsured motorist. When reading these coverages, please keep in mind that the policies and laws vary by state.
Uninsured Motorist Bodily Injury
This coverage may pay for damages when a covered person is injured and the person at fault for the accident does not have liability insurance.
Underinsured Motorist Bodily Injury
This coverage may pay for damages when a covered person is injured and the person at fault for the accident does not have enough liability insurance.
Uninsured/Underinsured Motorist Property Damage
This coverage may pay for damages when a covered vehicle is damaged and the person at fault for the accident does not have liability insurance or does not have enough liability insurance.
UM coverage varies by state and according to law so if you’d like to learn more about UM coverage, simply contact your insurance agent to inquire.
For answers to everything insurance, trust the insurance agents at First Rate Insurance Plus in Kirkland, WA. Their local insurance agency can help you insure everything from your auto and home to your boat and motorcycle. Because they’re an independent insurance agent, their agents can shop from over 20 insurance companies to find you the best rates and the coverage that makes sense for your situation. Check out their insurance website 24/7 or to request a quote