Most auto insurance agencies offer a coverage option for accidents with an uninsured (or underinsured) motorist. While it is a legal requirement as a motorist to be insured, this doesn’t mean it’s safe to assume that the other driver will have sufficient insurance, if any insurance at all.
In the event of a serious accident, things like medical bills, lost income, damages, and more could be your own responsibility.
In the event of a “hit and run” accident, uninsured/underinsured coverage will help recoup losses even though the driver was unknown.
The cost of adding coverage for uninsured or underinsured motorists is reasonable, and in the event of an accident with someone who is underinsured or completely uninsured, it will protect you from major medical bills down the road. For more information, contact the Law Office of Frederic S. Schwartz at (800)994-4442.