What is Uninsured Motorist Coverage and Why Do You Need It?

I’ll be the first to admit, automobile insurance companies make funny commercials.  Talking ducks, geckos, and pigs…I’m laughing just thinking about it.  But what insurance companies don’t do you is teach you about arguably their most important product – uninsured motors coverage (UIM).  

UIM coverage is the policy that protects you against negligent drivers in the event that they cause you bodily injury and medical bills.  Let’s say you’re driving through an intersection, and without warning, someone runs their red-light and T-bones your car causing you serious injury.  Obviously, they are at fault.  

But what happens if they don’t have enough insurance to compensate you for your injuries?  What if they are uninsured or underinsured?  That’s where your UIM policy comes into play.  

UIM is coverage that you buy to protect yourself incase you are hurt by another driver.  In Virginia, UIM policies come as low as $25,000 (assuming you purchase UIM).  Now you might think, $25,000 is a lot of money.  But in cases of serious injury, $25,000 may not even be a drop in the bucket.  

I urge you to take a look at your car insurance policy now and see what your UIM coverage is.  If it’s anything under $1 Million, call and get $1 Million in protection.  Now you may think that’s going to be expensive.  However, surprising, it’s a lot cheaper than you think and well worth it.  

If you have any questions, or are having a hard time figuring out how much UIM you have, just give us a call at BenGlassLaw.