What is uninsured motorist coverage on your car insurance policy for?

If you have ever taken a look at your car insurance policy, or answered questions during the quoting process, you may be wondering why you might need uninsured motorist coverage?

There are actually two auto insurance coverages available to protect you and your vehicle if you are involved in a crash with a vehicle caused by a driver with either no insurance, or not enough insurance.  These two coverages are uninsured motorist and underinsured  motorist.  

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What is uninsured motorist coverage?

Uninsured motorist coverage (UM) protects you if the person who hits your car is at fault and has no liability, or, in the case where you are a victim of a hit-and-run.   UM coverage responds to you and your passengers for:

  • medical care for injuries from that crash
  • lost wages if you have to miss work as a result of the crash
  • pain and suffering

What is underinsured motorist coverage?

Underinsured motorist coverage (UIM) protects you if the person who hits your car is at fault and has insurance, however not enough to pay for the damages they caused.   Just like the former UM coverage responds to you and your passengers for:

  • medical care for injuries from that crash
  • lost wages if you have to miss work as a result of the crash
  • pain and suffering

Why do I need uninsured motorist coverage?

So now that you know what UM and UIM is, why do you need it?  

An analysis found by AAA Foundation for Traffic Safety states that hit-and-run crashes are increasing, with an estimated 737,100 hit-and-run crashes in 2015.  This means one every 43 seconds somewhere in the U.S.   In addition, a 2020 crash data report from the National Highway Transportation Safety Authority found that fatalities in hit-and-run crashes were up 26% from 2019 to 2020.  

The hit-and-run data alone demonstrates the need for sufficient UM and UIM coverage on your auto policy.  Factor in drivers that opt for the lowest possible priced insurance, or those that may be driving without any insurance, it's worth it for your own peace of mind to know that you are fully protected when driving.  

Best next steps?   Contact us for a full review so that we can discuss your needs and find the right auto insurance policy for you, at a competitive rate.  

What to do Next?

Have us review your insurance policies and check that your limits are sufficient. Ask what the cost is to bump it up under higher limit scenarios.

Call today 617-846-5000 or click here 24/7/365 and we will get back to you same day or the next business day