Having car insurance is one of the most important things to protect yourself and your loved ones while driving. It can offer a lifeline if you’re ever in an accident and can help pay for damages, medical expenses, and other costs.
However, you are not the only road user, and there is no guarantee that the drivers around you will have insurance. That’s why it’s essential to consider adding underinsured motorist coverage (UIM) to your policy.
Underinsured motorist coverage is a type of insurance that helps protect you if you are in an accident with a driver who has less insurance coverage than you.
1. There are Many Uninsured Motorists on the Road
According to the Insurance Research Council, around 12.6% of all drivers in the United States are uninsured. That means there is a good chance that you will be in an accident with an uninsured driver at some point.
Without this, you may have to sue the other driver or go through a lengthy legal process to get reimbursed.
2. Provides Extra Protection For Your Family
If you have a family, it’s essential to consider their safety as well. If you are in an accident with an uninsured driver, your family may not be able to get the medical care they need without UIM coverage. This type of coverage can help pay for their expenses if you’re unable to.
3. Adding UIM Coverage is Affordable
When you get into an accident with an uninsured motorist, the costs can quickly add up. Medical expenses, property damage, and other costs can skyrocket.
However, adding UIM coverage to your policy is relatively affordable, and it could save you a lot of money in the long run. It can cover costs that your regular car insurance policy may not, so it is worth considering.
4. It Can Protect You From Legal Action
We all know the legal repercussions of getting into an accident. You have to deal with the other driver’s insurance company, and there is always a chance that you will end up in court. However, if you have UIM coverage, it will help pay for some of those costs. This can save you from getting into legal trouble and help to protect your finances.
5. UIM Helps Save Money on Your Auto Insurance Policy
If you have a car accident and the other driver is uninsured, your UIM coverage can help pay for damages. This means that you don’t have to rely on the other driver’s insurance company, which may not cover all of the costs. This can save you money on your auto insurance policy.
Find an Attorney Today
If you get into an accident involving an uninsured or underinsured motorist, you should speak to experienced motorcycle accident lawyers. Not only do they have the experience to help you get the best possible outcome, but they can also advise you on your UIM coverage. If you don’t have UIM coverage, you may be able to increase your policy and get the extra protection you need.
To summarize, underinsured motorist coverage is vital if you want to be fully protected in the event of an accident. It can help pay for damages and medical expenses that the other driver’s insurance doesn’t cover, and it can also protect you from legal action. Adding UIM coverage to your policy is affordable and can save you a lot of money in the long run. However, it’s important to note that UIM coverage does not replace your car insurance policy. It is an add-on that provides extra protection if the other driver does not have enough insurance. If you have any questions, speak to an experienced motorcycle accident lawyer today.