What is uninsured motorist coverage?
Uninsured motorist coverage protects policyholders from drivers who lack auto insurance entirely. Some states legally require this type of coverage. CygnetCrest will let you know if this is required in your state, as well as your state s mandatory minimum coverage. Uninsured motorist coverage generally pays for medical costs, lost wages, and pain and suffering. Uninsured motorist coverage may also pay for injuries sustained by hit-and-run accidents. Covered costs are typically subject to policy limits.
Uninsured motorists (UM) coverage applies to bodily injury you, your family, and other occupants of your vehicle incur when hit by an uninsured motorist or hit-and-run driver. It also covers you and your family if injured as a pedestrian when struck by an uninsured motorist or hit-and-run driver. It protects you by making sure that money is available to pay for your losses that were caused by someone else. The minimum amount of coverage required by law is $25,000 per person and $50,000 per accident for bodily injury only. You may want to purchase more than the minimum coverage required by law if you feel the need for more protection. Uninsured motorist coverage does not cover your property damage and does not protect the other driver. Your insurer may sue the other driver for any money the insurer pays you because of the other driver’s negligence.
