Auto Insurance: Un-Insured/Under-Insured Motorist Coverage

By Compuquotes Team on March 27th, 2008
Auto Insurance

Many people wonder what will happen if they are involved in an accident, they are not at fault, however, the other driver is uninsured. Will your insurance cover the damages to your car? Who will have to pay any medical expenses you may incur because of the accident? The following paragraphs will answer these questions, as well as discuss an uninsured motorist clause that is offered by most auto insurance companies.

If you are ever involved in an automobile accident where an uninsured driver is at fault, you could find yourself in for a long, drawn out process of recovering for your damages or injuries. With some auto insurance policies, your damages may be covered. However, with most auto insurance policies, it is required for you to have purchased an "uninsured/under-insured motorist" clause when you purchased your auto insurance policy, in order for your damages or medical expenses to be covered.

An "uninsured/under-insured motorist" provision will protect you financially in the event you are involved in an accident caused by a driver without auto insurance. Imagine having to pay for your own incurred expenses, from your own pocket, then suing the un-insured driver in civil court for restitution. Even if you receive a judgment in your favor, there is a good chance that the uninsured driver will not have the money to satisfy the judgment. At this point, their wages may be garnished, but you are still not getting your compensation in a timely fashion, and imagine how much time this may take. During this time your credit can even be affected in a negative way, if you do not have the money to cover medical expenses on your own. These are just some of the reasons why checking into adding "uninsured/under-insured motorist" to your current auto insurance policy.

Several states have now made "uninsured/under-insured motorist" coverage a mandatory requirement in their auto insurance laws, while in most states it is still only an option. It is an option that all drivers should consider taking. No one can predict an accident, nor can they predict the damage and injuries that may be caused by one. Most auto insurance companies offer this coverage at very low rates.

It is important to know that most auto insurance policies that include an "uninsured/under-insured" coverage plan will cover accidents caused by hit and run drivers, as well. With most auto insurance policies including this coverage, both you and any passenger that may be in your car can be compensated for any medical costs, lost wages from your jobs, and any other losses caused by an injury incurred during the accident.

Any driver should consider adding "uninsured/under-insured" coverage to his or her current auto insurance policy. In most cases it is not much more expensive, and the money it can save you in long run makes this coverage almost considered a necessity.

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