What is Uninsured Motorist Insurance?

With the exception of Florida, all states require something called bodily injury liability insurance, and all states require property damage liability. That does suggest, however, that each driver on Dayton streets is fully insured. In fact, the Insurance Information Institute found that, in 2017, 13% of motorists were uninsured.

Reckless drivers are just one of the many dangers you may encounter on Springfield roads, however. This is where uninsured motorist coverage proves to be such a benefit. What is uninsured motorist insurance, and what does the uninsured motorist coverage cover?This coverage helps safeguard you if you’re hit by a driver lacking proper coverage and who drives away. After checking out our quick guide, contact us today to learn more!

How Uninsured Motorist Insurance Works

If you’re in a vehicle accident and are found not to be at fault, your next step is to file an accident claim with the at-fault motorist’s insurance company. Medical bills, car repairs, and lost income are covered, so you don’t have to pay out-of-pocket expenses. This process isn’t so straightforward if you’re hit by a Huber Heights without coverage, however.  In that case, you may bear the burden of out-of-pocket expenses. The other driver may offer to pay. However, in the case of a hit-and-run, there’s little you can do. Uninsured motorist insurance, however, means that you’re always protected in such cases, and you’re not left to cover such unforeseen expenses all by yourself!

What Does the Uninsured Motorist Coverage Cover?

Both uninsured and underinsured motorist coverage operate just like regular liability coverage but foot the bill when a driver isn’t properly insured. There are two kinds of underinsured and uninsured motorist coverage:

• Underinsured/Uninsured Motorist Property Damage Coverage (UMPD): Covers your vehicle’s damages caused by an uninsured or underinsured driver.
• Underinsured/Uninsured Motorist Bodily Injury Coverage (UMBI): Covers medical expenses related to accident injuries, lost wages, your passengers, and permissive drivers. It also provides coverage for bodily injuries caused by the hit-and-run accident.

Discover More About Insurance Coverage at New Carlisle Chrysler Jeep Dodge Ram!

Now that you’ve learned the answer to “What is uninsured motorist insurance?” and “What does the uninsured motorist coverage cover?”, it’s time to consider which is the best option for you! In the market for a new or used vehicle and have questions about insurance options? Our expert finance team is here to ensure that you get the best coverage for your lifestyle and budget. Contact us or visit us here at New Carlisle Chrysler Jeep Dodge Ram to learn more about insurance today!