UNINSURED MOTORIST COVERAGE
UNINSURED MOTORIST COVERAGE
IS IT WORTH THE COST?
Do you know anyone that has this story to tell? ……….. They were driving on their way to work and listening to their drive time radio when out of nowhere BAM, Crush, Crash. They are hit in the side. They are not hurt so they pull out their cell phone and call the police to notify them about the accident and check on the damage. When they get out of their car, they and the other driver start to go through the steps for handling the accident. As they are doing that, the police arrive. Usually, the police will separate the different parties and get their statements about the accident. In this case, the other vehicle pulled out from a blind alley and hit them in the door, so the other driver failed to yield and is at fault for the accident. The police officer comes back to you and gives you the necessary information about the other driver and their insurance company. Both cars are drivable so after the paperwork is completed everyone drives away.
Here comes the problem……
The next day you contact the other driver’s insurance company to file a claim only to find out that their insurance has lapsed and they have no coverage. Not knowing what else to do, you call your insurance agent and are informed that you chose to have only liability and property damage coverage since your car is ten years old, meaning you do not have full coverage on the car. Now your day has just gotten worse because the damage to your car is $2900.00 and the other driver has no insurance and you do not have full coverage so you figure that you are stuck with the bill to fix your car.
Remember the other driver has no insurance and your insurance doesn’t provide ANY coverage for you or your car. In comes the knight in shining armor, when your insurance agent reminds you that you have full UNINSURED and UNDERINSURED MOTORISTS COVERAGE, Your car will be fixed and your medical bills paid!!!! Tragedy averted!
You say that you didn’t even realize you had the coverage. What does it include? How much do I pay for it. You can buy three different coverage’s for your protection.
1. Uninsured bodily injury
2. Underinsured bodily injury
3. UninsuredUnderinsured property damage
The bodily injury coverage protects you if the other party doesn’t have insurance or has insurance but not enough to cover all of your medical bills resulting from the accident. The property damage covers the repair of your car. It is very rare to add one of these but not all three and many companies will not allow you to get just one. And it is very inexpensive often costing less than $5 per month for full uninsured and underinsured coverage.
There is one very important caveat for this type of insurance that I must make very clear.. If you are hit by a driver that leaves the seen of the accident, then uninsured/underinsured coverage will not pay the damages. You must be able to prove that the other driver had no insurance.
At Howard Webb Insurance we include this coverage on every quote we provide as we feel it is very important for every driver to have this coverage. Keep in mind that if you do not have this coverage and you are seriously injured in an accident, it will be your responsibility to pay for all damages. And for me, I do not want to face large medical bills that someone else caused and have no one to turn to for help.
For more information check our http://www.howardwebbins.com or call us at 765-644-8847
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