What if the other driver does not have insurance?
Talk to us first and if you’ve already been talking to your insurance company, we recommend that you cooperate with them. If you have Uninsured and Underinsured (UM/UI) coverage, your contractual obligation under the policy is likely that you have a duty to report any loss.
UM/UI insurance is coverage you get to compensate you when you’re in a cra accident caused by someone who doesn’t have insurance or doesn’t have enough insurance. In these cases, you can put a claim with your insurance to cover the full damages that you had suffered in your accident.
What is the minimum coverage?
$60,000 combined per loss, which is not very much. That is why underinsured motorist insurance is a supplementary coverage. You pay a higher premium but you are protecting yourself from negligent drivers who only have the minimum required insurance coverage.
How much UM/UI motorist coverage would you recommend?
As much as you can afford.
Learn more about the AMS Law Group.