Uninsured Motorist – Mid-Columbia Insurance Agency
Definition of an Uninsured Motorist
- Individuals without liability coverage for the vehicle they are operating
- Hit and run drivers who flee the scene without providing sufficient information for identification
- States where coverage for uninsured property damage may be unavailable
- Stolen vehicles, which are considered uninsured from the time of theft
- States that require physical contact for uninsured claims
Uninsured Motorist Coverage
- Covers a victim’s medical expenses, lost wages, and other injury-related expenses when the at-fault driver is uninsured
- Coverage applies if the other party is found to be at fault
- Some states require the victim to identify the other vehicle/driver, while others cover hit and run incidents
Underinsured Motorist Coverage
- Protects a driver financially when injured by someone with liability coverage less than the victim’s coverage
- Also known as underinsured motorist clause or endorsement
- Supplementary Underinsured Motorist coverage (SUM) provides additional protection
Litigating an uninsured motorist claim
- In most states, victims must sue the uninsured motorist to prevail on a breach of contract action against the Insurance
Insurance is a contractual agreement that offers financial safeguard against unpredictable events. This arrangement, binding between an individual and an insurance company, delineates the specifics of coverage and conditions. The essence of insurance is to facilitate financial recovery after an adverse occurrence in order to avert a potentially catastrophic financial event. It is a strategic approach to counter potential hardships and offers policyholers a sense of security.
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Mandatory coverage in some states
- Pennsylvania, Illinois, Maryland, and New York require insurance carriers to provide uninsured motorist coverage
- Coverage varies by individual state laws
- Ensures that motorists do not have to pay for medical expenses and property damage caused by underinsured at-fault drivers
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