UM coverage is important because even though all drivers are required to have auto insurance, not everyone does. In fact, according to the Insurance Research Council, approximately 12.6% of drivers in the United States were uninsured in 2019. That means that there is a significant chance that you could be involved in an accident with an uninsured driver.
If you are involved in an accident with an uninsured driver, you can make a claim under your own uninsured motorist insurance coverage to recover damages. The amount of coverage that you can recover will depend on your policy limits. However, UM coverage can help you pay for your damages even if the uninsured driver does not have enough assets to cover your costs.
UM coverage is a valuable type of insurance that can protect you in case of an accident with an uninsured driver. If you do not have UM coverage, you should consider purchasing it. It could make a big difference if you are ever injured in an accident.
Here are some things to keep in mind about uninsured vehicle coverage:
* UM coverage is not required by law, but it is highly recommended.
* The amount of UM coverage that you can purchase will vary depending on your insurance company.
* UM coverage can help you pay for medical bills, lost wages, and other damages that you sustain in an accident with an uninsured driver.
* UM coverage is a good way to protect yourself in case of an accident with an uninsured driver.
