How to Protect Yourself from Uninsured Motorists
12/18/2018 06:12:01 PM
Did you know that 49 states have a requirement for motorists to have auto insurance? Even so, some people still don’t carry it. And, when they do not have liability insurance, you could be the one to suffer as a result. It is important to protect yourself from financial loss due to the actions of other people. To do that, speak to your agent about uninsured motorist coverage. Here is why it matters.
It Is Not Uncommon for Drivers to Lack Coverage
The Insurance Information Institute says it is not uncommon for drivers to be without auto insurance. In some cases, they may have some car insurance, but not enough to provide for the damage they cause to your vehicle. As a result, those drivers put you at risk.
There is no way to know if the driver next to you on the freeway or the one speeding in front of you has insurance. For that reason, you need to take steps to protect yourself.
Purchase Underinsured/Uninsured Motorist Coverage
The best way to do this is through underinsured/uninsured motorist auto insurance. This can be a component of your auto insurance policy. Your agent can help you obtain it. This component is vital. If you are in an accident another person is financially responsible for, this component of your policy helps cover your financial losses.
Let’s say a driver causes $15,000 worth of damage to your car. They should pay for it, but they don’t have any insurance. In this case, you may have to file a lawsuit to try to get some of these funds back. But, if you have uninsured motorist coverage, the policy helps cover all or some of that cost itself.
What Else You Need to know
Your policy covers you up to the amount of coverage you purchase. If you live in an area where accidents are common or where moving violations are frequent, consider increasing this. Your agent can help you bundle this coverage with comprehensive, collision, and general liability insurance. This can help reduce costs for you overall.
Most drivers need to carry underinsured motorist insurance. Your Dallas auto insurance agent can help you find the right type of coverage for your situation. Keep in mind that this type of insurance only applies when the other driver has the legal responsibility for your losses but lacks insurance coverage.
Archive
- May 2022 (5)
- April 2022 (4)
- March 2022 (3)
- February 2022 (3)
- January 2022 (3)
- December 2021 (3)
- November 2021 (4)
- October 2021 (3)
- September 2021 (4)
- August 2021 (3)
- July 2021 (3)
- June 2021 (3)
- May 2021 (4)
- April 2021 (4)
- March 2021 (2)
- February 2021 (4)
- January 2021 (4)
- December 2020 (3)
- November 2020 (4)
- October 2020 (3)
- January 2019 (1)
- December 2018 (1)
- November 2018 (2)
- October 2018 (2)
- September 2018 (1)
- August 2018 (2)
- July 2018 (1)
- June 2018 (2)
- May 2018 (2)
- April 2018 (1)
- March 2018 (1)
- February 2018 (1)
- January 2018 (1)
- December 2017 (2)
- November 2017 (1)
- October 2017 (1)
- September 2017 (1)
- August 2017 (1)
- July 2017 (2)
- June 2017 (1)
- May 2017 (1)
- April 2017 (1)
- March 2017 (1)
- February 2017 (1)
- January 2017 (1)
- December 2016 (2)
- November 2016 (2)
- October 2016 (1)
- August 2016 (1)
- July 2016 (3)
- June 2016 (3)
- May 2016 (1)
- April 2016 (4)
- March 2016 (1)
- February 2016 (1)
- January 2016 (2)
- December 2015 (3)
- November 2015 (1)
- October 2015 (1)
- September 2015 (2)
- August 2015 (1)
- July 2015 (2)
- June 2015 (3)
- May 2015 (2)
- April 2015 (2)
- March 2015 (1)
- February 2015 (2)
- January 2015 (1)
- December 2014 (1)
- November 2014 (2)
- October 2014 (1)
- September 2014 (1)
- August 2014 (2)
- July 2014 (3)
- June 2014 (2)
- May 2014 (3)
- April 2014 (2)
- March 2014 (1)
- January 2014 (2)
- December 2013 (2)
- November 2013 (1)
- October 2013 (1)
- September 2013 (1)
- August 2013 (1)
- July 2013 (1)
- June 2013 (3)
- May 2013 (1)
- April 2013 (1)
- March 2013 (1)
- February 2013 (2)
- January 2013 (3)
- December 2012 (3)
- November 2012 (5)
- October 2012 (1)
- September 2012 (2)
- August 2012 (2)
- July 2012 (2)
- June 2012 (5)
- May 2012 (3)
- April 2012 (2)
- March 2012 (1)