Uninsured/ Underinsured Insurance Coverage Explained
Today I would like to talk about Underinsured Motorist coverage which I think is the most important insurance coverage you can have for your car or motorcycle. The reason is, there is at least 30% of drivers out there that are driving uninsured or underinsured (meaning they have no insurance or they only have the state minimum at $25,000).
The reason you need underinsured motorist coverage is because if one of those people hits you, you’re not going to have enough to cover all your medical bills or lost wages or any other damages you may have. So my advice is get as much as you can afford. I recommend, generally, $100,000 as a minimum and that would mean that you have $100,000 liability, $100,000 underinsured motorist coverage. This way you’re protected in the event that somebody hits you or your family, you have enough coverage to get you back to where you need to be.
If you have any questions about underinsured motorist coverage or anything regarding insurance, give me a call.