What is Uninsured Motorist Insurance and How Does it Work?

What is Uninsured Motorist Insurance and How Does it Work?

Filing an insurance claim after a car accident can be a complicated and difficult process. There are many factors that need to be considered and options that need to be weighed before any official steps are taken.

There are many different times of policies and claims that can be filed with your insurance provider, depending on the circumstances of an accident. One common, but little understood type of coverage is known as uninsured motorist coverage (UM for short). If you are financing your vehicle through a bank or dealership this type of coverage is often required, however, many others choose to carry the insurance as well.
Uninsured motorist coverage is an insurance that protects you and your passengers if you are involved in a motor vehicle accident and the other driver either does not have insurance, their coverage has lapsed, or they flee the scene of the collision and cannot be located. While it is the law to carry motor vehicle insurance, it is unfortunately an all-too-common problem that drivers frequently get behind the wheel with no insurance at all.

If you are involved in an accident and the other driver does not carry insurance, you are only able to recover damages from their personal assets. Many times, uninsured drivers do not have the necessary money or assets to cover the cost of your vehicle repairs or medical expenses. By carrying uninsured motorist coverage you are protecting yourself from their irresponsibility.
You file an uninsured motorist claim through your own insurance provider, even if the accident was not your fault. Your uninsured motorist coverage is similar to a liability policy, except you carry it on your own behalf. The monetary amount of coverage available will be divided into three sections ($15,000/$30,000/$10,000 frequently abbreviated to 15/30/10). This means that your uninsured coverage will cover $15,000 of medical expenses per person, with a cap of $30,000 for all the passengers in the vehicle, and $10,000 of property damage.

Uninsured motorist coverage is a great asset to have; it protects you and your loved ones from the irresponsible decisions of other drivers on the roadway who choose to drive without the necessary coverage. Filing a claim is usually very simple, a phone call to your insurance company, or a visit to your attorney is all it usually takes to make the coverage available. Uninsured motorist coverage can relieve you of any stress or worry about medical bills or repair costs, and allow you to devote your time and energy to recovering from your injuries and getting back on your feet after an accident.