What is Uninsured Motorist Coverage?

You can be the most responsible driver in the world and have your very own auto insurance coverage plan but there are an untold number of drivers out there on the city streets and freeways who drive without any insurance and have no concern for what might happen after an accident. What happens if you get hit by a car owner without any car insurance?

Uninsured Motorist Insurance

This is where uninsured motorist coverage comes into play. It is estimated that in some states up to 25% of drivers don’t have any form of auto insurance, which is a staggering figure when you think about it. That’s 1 in every 4 cars around you as you trudge along during your morning commute. And if these people are irresponsible enough not to insure their cars, how responsible do you think their driving habits are going to be when they are out on the roads?

Uninsured motorist insurance coverage can pay for damage to your car, medical expenses for you and your passengers and in some cases to your property in the car if you are hit by someone who is at fault in the accident. This additional auto insurance is highly recommended by most industry experts as it seems the number of uninsured motorists is growing due to the state of the national economy.

When you can barely pay your bills for housing and food it is easy to look at car insurance as an expendable monthly expense. Now, you may know that isn’t a wise but that doesn’t mean the person in that car in the lane next to you feels the same way. We have all heard about hit and run drivers and usually these people do so because they are uninsured. Such an incident would be covered for you if you have uninsured motorist coverage.

How Does Uninsured Motorist Coverage Differ from Underinsured Motorist Coverage

When you have an accident where the other party is at fault and they are carrying just the bare minimum of coverage and possibly have a large deductible that they can’t pay, how are you going to cover the difference? Well, when you have underinsured motorist coverage then your insurance company will cover the balance of medical and car repair damage bills.

What Can Uninsured Motorist Coverage Pay For?

Adding uninsured motorist coverage to your current plan is usually relatively inexpensive considering how ably it can protect you from financial ruin in the case of a catastrophic accident. Not only does uninsured motorist insurance pay for damage to your car and medical expenses but it can also cover the cost of lost wages and pain and suffering.

Millions of Americans are out of work and are in dire financial straits, so now more than ever having underinsured and uninsured motorist coverage is an absolute must. If someone has no car insurance and no money to pay you for your costs after an accident, you will be fully responsible for all that financial burden without uninsured motorist insurance coverage. Don’t let someone else’s irresponsibility or personal financial struggle put you or your family at risk and ask your insurance carrier about uninsured motorist coverage.