It is important for all drivers to become familar with their automobile insurance plans and corresponding terminology associated with their coverage options. A general understanding of insurance terms, becomes essential when someone is involved in an automobile accident. If possible, it is always a good idea to exchange insurance and contact information with the other driver(s) involved in the accident.
It is also a good idea to consider purchasing uninsured (or underinsured) motorist coverage–also referred to as UM coverage. Uninsured Motorist coverage is not required by law but electing to get UM coverage could save you a lot of peace mind in the long run, especially if you are involved in an accident where the adverse driver does not have car insurance or has minimal coverage. While every state requires some form of insurance coverage, you would be surprised to find out how many drivers on the road are uninsured. In some states it reaches as high as 25%.
It is relatively inexpensive to add uninsured motorist coverage for the amount of benefits it offers. If you are involved in a motorvehicle accident and the driver who hit is unisured or has little coverage, UM can protect you financially.
Uninsured Motorist Coverage can pay for the following expenses:
- Medical bills
- Lost wages
- Pain and suffering
To learn more about insurance coverage, visit the following pages of our website: