Uninsured/underinsured motorist (UM/UIM) coverage protects you if you’re in an accident with a driver who has little or no insurance. Without it, you could be stuck paying for medical bills, car repairs, and other costs out of pocket. Since not all drivers carry enough insurance—or any at all—this coverage ensures you’re financially protected after a crash.
1. Why You Need Uninsured/Underinsured Motorist Coverage
Not all drivers have proper insurance. Some drive without any coverage, while others only carry the bare minimum. If you’re in an accident with one of these drivers, UM/UIM coverage helps cover your costs. It applies in cases like:
- A hit-and-run accident where the driver is never found
- A collision with an uninsured driver
- A crash involving a driver whose insurance isn’t enough to cover your damages
Without UM/UIM coverage, you could be left paying for these expenses yourself.
2. What Does Uninsured/Underinsured Motorist Insurance Cover?
UM/UIM coverage typically helps with:
- Medical bills: Covers doctor visits, hospital stays, and rehabilitation.
- Lost wages: If injuries prevent you from working, this coverage helps replace lost income.
- Pain and suffering: Compensation for emotional distress and physical pain.
- Vehicle repairs: If your policy includes uninsured motorist property damage, it helps cover car repairs.
To ensure you have the right coverage, review your policy with Riverfront Insurance Partners.
3. Is Uninsured/Underinsured Motorist Coverage Required?
In Kentucky, uninsured motorist coverage is required, but underinsured motorist coverage is optional. Some states mandate both, while others leave them as add-ons. Even if not required, having UM/UIM coverage is a smart choice to avoid financial hardship after an accident.
Without this coverage, you might have to take legal action against the at-fault driver to recover damages—an expensive and time-consuming process.
4. How Much UM/UIM Coverage Do You Need?
It’s recommended that your UM/UIM limits match your liability coverage. For example, if your bodily injury liability limit is $100,000 per person/$300,000 per accident, your UM/UIM limits should be the same.
This ensures you have adequate protection if you’re injured by an uninsured or underinsured driver. A higher limit means more coverage, so it’s worth discussing with an expert.
5. Get the Right Coverage Today
Uninsured/underinsured motorist coverage provides essential financial protection in case of an accident. To ensure you’re fully covered, reach out to Riverfront Insurance Partners at 859-512-8325 or visit their Google Maps location.