What is Uninsured Motorist Coverage?

Answer:
Uninsured motorist coverage covers your losses

if you are in an accident that was caused by another driver who does not have insurance. Even though all states have laws on the books mandating minimum liability and financial responsibility of anyone who drives a vehicle, not all drivers follow through and purchase auto insurance. In addition, some drivers may have let their auto insurance policy lapse.

If an uninsured motorist causes damages to you or your car, you cannot go after their insurance company to pay the bills because there is no insurance company. Your own insurance will not cover you because the accident was caused by someone else. Your only choice is to sue them for damages and if they have no assets, you’ll be out of luck.

You can purchase uninsured motorist coverage from your auto insurance company. This will protect you in case you are in an accident with a driver who is uninsured. In addition, many drivers only carry the minimum liability insurance coverage which may not be enough if the accident is severe enough. This coverage kicks in after the other driver’s insurance limits have been reached.