Talk to us first and if you’ve already been talking to your insurance company, we recommend that you cooperate with them. If you have Uninsured and Underinsured (UM/UI) coverage, your contractual obligation under the policy is likely that you have a duty to report any loss.
UM/UI insurance is coverage you get to compensate you when you’re in a cra accident caused by someone who doesn’t have insurance or doesn’t have enough insurance. In these cases, you can put a claim with your insurance to cover the full damages that you had suffered in your accident.
What is the minimum coverage?
$60,000 combined per loss, which is not very much. That is why underinsured motorist insurance is a supplementary coverage. You pay a higher premium but you are protecting yourself from negligent drivers who only have the minimum required insurance coverage.
How much UM/UI motorist coverage would you recommend?
As much as you can afford.
Learn more about the AMS Law Group.