Imagine driving home after a long day, only to be hit by another driver who has no insurance or a policy that doesn’t entirely cover the damages. Instantly, you could be stuck with mounting medical bills, vehicle repairs, and financial stress. This scenario is more common than you might think, but there is a solution. Uninsured and underinsured motorist coverage acts as a financial safety net, stepping in to protect you when the at-fault party fails to do so. Without it, you could be paying the price for someone else’s lack of preparation.
What Is Uninsured and Underinsured Motorist Coverage?
Uninsured and underinsured motorist (UM/UIM) coverage are two types of auto insurance that help protect drivers in accidents involving other drivers who lack sufficient coverage.
Uninsured motorist (UM) coverage provides financial protection if you’re in an accident with a driver without auto insurance. On the other hand, underinsured motorist (UIM) coverage steps in when the at-fault driver’s insurance is inadequate to cover your vehicle repairs, medical bills, and other related expenses.
What Does Uninsured and Underinsured Motorist Coverage Typically Cover?
While each policy is unique, a UM/UIM policy may cover:
- Medical expenses for you and/or your passengers if injured
- Lost wages due to an injury
- Pain and suffering
- Property damage (if applicable under certain auto insurance policies)
Get Coverage with Larry Burkman Agency in Huntsville, AL
Uninsured and underinsured motorist coverage is a vital aspect of your auto insurance policy that offers financial security in the event of an accident. Serving Huntsville, AL and the surrounding areas, Larry Burkman Agency can get you the coverage you need to stay protected on the road. Contact us today to discuss your coverage needs.
