Let’s break down the first half of the UM/UIM duo: Uninsured Motorist (UM) coverage. Think of UM coverage as your financial superhero against the villain of uninsured drivers.
Here’s how UM coverage protects you:
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If the at-fault driver has no insurance: If you’re involved in an accident caused by a driver with no liability insurance, UM coverage steps in to help cover your medical expenses, lost wages, and pain and suffering.
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Hit-and-Run Accidents: UM coverage can also be a lifesaver in hit-and-run accidents where the at-fault driver is unidentified and has no insurance.
UM coverage typically comes with limits, similar to your liability coverage. These limits represent the maximum amount the insurance company will pay for covered expenses. Discuss your UM coverage options with your insurance agent to determine the appropriate limits for your needs.
Understanding the importance of UM coverage is crucial! Stay tuned for the next article where we’ll explore Underinsured Motorist (UIM) coverage, the other half of this powerful protection duo.
