It is so unfortunate that we often hear from people who have been injured in a car wreck in which the other driver was driving without any insurance – a bad enough situation on its own. But a bad situation can quickly turn into a disaster if the person who was injured was not carrying enough uninsured or underinsured motorist coverage (UM/UIM).
Medical bills from serious injuries can easily run hundreds of thousands of dollars, leaving you in financial ruin and unable to cover the costs of your injuries.
The best way to protect yourself is by buying higher levels of UM/UIM coverage. UM/UIM coverage is very inexpensive (in some cases, $1 million of coverage can cost you less than an additional $50 per year for your premium), plus it will cover you in the event that the person who causes the accident doesn’t have auto insurance or has less than you do.
In West Virginia, it is critical to consider both UM and UIM coverages. While UM coverage is mandatory, UIM coverage is not. This leads many folks, especially in the current state of our economy, to refuse UIM coverage – a huge mistake.
UM/UIM insurance can pay for your injuries, medical bills, lost wages and any pain and suffering damages you are entitled to as well as provide coverage for future medical bills. If you are unsure if you have adequate insurance coverage of have questions about UM/UIM coverage, please contact our office.