UNINSURED MOTORISTS: SHOULD YOU WORRY?

June 26 2016
auto accident 3

You’re driving down the road minding your own business when suddenly you hear/feel someone hitting you vehicle. As a responsible California driver, you carry at least the minimum limits of auto liability insurance. Unfortunately, the other driver does not. How can you be paid to repair the damage to your vehicle, as well as any injuries to you and your passengers?

According to the Insurance Research Council (IRC), one driver out of every seven drivers in the United States is currently uninsured. This is especially startling considering that an accident with an uninsured or underinsured driver can result in significant costs that aren’t covered by a basic liability insurance policy.

The State of California mandates liability limits for auto insurance be 10/20/3 for low cost auto insurance policyholders. For regular drivers, it’s 15/30/5. The first number is medical payments per person in an accident, the second is total payments for everyone in a single accident, and the third payment is total property damage payment.

Uninsured and underinsured motorist coverage is designed to help you pay for bills associated with a crash that was caused by another person who either doesn’t have an auto insurance policy or has a policy with liability limits that are too low to cover costs associated with a covered loss.

Take the time to sit down with your insurance professional to talk about what coverages you have and when they apply. Not every driver is as responsible as you are. Be sure you are protected should you have an accidental meeting with one of them.

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