The Person Who Hit Me Has No Car Insurance, Now What?
Uninsured motorists are everywhere. People either cannot or do not want to pay for car insurance and drive without coverage. And finding very cheap car insurance for new drivers can be very hard. What can you do to protect yourself? Many states require you to carry uninsured motorist coverage on your car insurance policy. This coverage protects you and your passengers in the event you are involved in an accident with someone who has no insurance. There are four basic types of uninsured motorist coverage available.
1.Uninsured Motorist Bodily Injury is coverage that covers you, your passengers and other members of your household that are on your policy. It pays for bodily and personal injuries, death, and damages caused by a driver who has no insurance. This coverage pays for medical expenses caused by such an accident up to the policy limits.
2.Underinsured Motorist Bodily Injury coverage pays the difference of what the person’s insurance will cover that caused the accident. For instance if you are hit by a person who has inadequate insurance coverage, this type of insurance will pay what the underinsured motorists insurance does not cover. You, your passengers and other members of your household are covered by this type of insurance.
3.Uninsured Property Damage will pay for the damage caused to your vehicle by an uninsured driver. There are limits set by each state on how much this part of your policy will cover. If you have comprehensive and collision it will normally pay your deductible. It is not a replacement for comprehensive and collision but will help pay your expenses if you get in an accident with an uninsured motorist.
4.Underinsured Motorist Property Damage helps to pay for repairs that are caused by a driver who does not have adequate insurance coverage. It covers you, your passengers and anyone in your household on your policy. This type of insurance pays the difference of what the underinsured driver’s policy covers and the cost of the repairs.
You can protect yourself and your family by carrying uninsured motorist coverage on your very cheap new driver car insurance. This is especially important with young drivers. You never know who is driving on the road or if they have insurance. If you do not have this type of coverage your only option may be to take them to court which in the long run will cost you more than having this type of coverage.