Posts Tagged ‘Auto Insurance’

About the underinsured motorist coverage

July 15th, 2009

Generally people assume that both underinsured and uninsured motorist claims are involving motorists who drive illegally or without insurance. But the term underinsured motorists does not imply only to people who secure the bare minimum in automotive coverage. Most of the major accidents around the country rarely compensate the entire amount for the responsible motorist’s insurance coverage.

Minimum required coverage

Most of the states have a minimum motorist insurance policy of $15,000, but how could this insurance policy compensate an injured person.Car Insurance There are thousands of dollars spent here on medical expenses along with rehabilitation, medication costs, lifetime accommodations, nursing care, and lost wages caused because of an accident. So you should not fall into the trap of getting the basic motorist insurance and thus be in the underinsured category.

Benefits for protection of underinsured

Underinsured motorist benefits can help you and your family members, who are covered under the motor vehicle insurance policy. But these underinsured benefits are not just for people who drive illegally or without insurance. People consider that the motor vehicle insurance coverage would protect those, who they may injure in case they cause a car accident. But the underinsured motorist coverage is insurance provided by your car insurance company for protecting you against negligence of other drivers

Getting compensated through your own policy

With underinsured motorist insurance coverage you can collect fair compensation for your injuries. Hence a person who causes you some damage or accident would mean that you would get covered here. However, you should not leave the coverage decision for your injury only to people responsible for causing the damage. You should seek compensation under your own policy and that too for no cost to their insurance premiums.

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