Why Uninsured & Underinsured Motorist Coverage is so Important:
- A family is burdened with horrific medical bills because of an accident caused by a drunk driver who couldn’t afford insurance due to his/her bad driving record.
- A child walking to school faces a lifetime of difficulty after being struck by a driver who was texting and only has minimum auto insurance limits or no insurance at all.
- A pair of sweethearts fall victim to a hit-and-run driver with little or no insurance in force at the time of the accident.
What are the Un-Insured Car Insurance Statistics
According to recent estimates by the Insurance Research Council (IRC), roughly 1 of 7 drivers is Un-Insured or not carrying car insurance.
Let’s also consider the number of drivers who only carry minimum state auto insurance limits or let their insurance lapse or cancel.
It should come as no surprise given the type of advertisements from personal injuries attorneys, auto accidents are commonplace.
we see from auto insurance companies advertising “cheap” rates. Too often, the emphasis is on getting a cheap rate, and drivers are besieged with ads about that encourage them to buy “state minimum” auto limits in order to save money. There’s no denying that it can be a temptation for some drivers in a struggling economy. All the more reason to make sure you are protected from the drivers with UM/UIM coverage on both your auto and personal umbrella policies.
