As the name might suggest, uninsured motorist coverage protects you against incidents with someone who does not have an auto insurance policy. Underinsured is similar and pertains to those drivers who may only carry the state’s minimum required liability coverage, which may not cover all the damage to your vehicle or medical bills in the event of an injury.
Uninsured and underinsured coverage is designed to help you pay the bills associated with an accident that was caused by another person who either doesn’t have auto insurance or that carries a policy with limits too low to cover the costs associated with the loss, and is critical for all Maryland drivers.
Maryland is a mandatory vehicle insurance state, which means all vehicles MUST be insured at all times, and with specific coverage minimums. Of course, Life is full of irresponsible people, and there are many drivers who choose to ignore this law and either obtain poor insurance or none at all.
Each time you get behind the wheel of your car there is a chance you could be involved in an accident. You may have been buckled, driving responsibly, and close to work or home-Then you are blindsided. You may be injured and need medical attention, your car could be totaled, you find out that the vehicle that caused the accident is uninsured, or worse yet, that they have fled the scene. What will you do?
If you have already taken the proper precautions with your insurance agent, you should have discussed how much your car is worth, the medical insurance you carry, and whether or not you have short term and long term disability through your employer. These are just some of the factors taken into consideration when deciding how much uninsured motorist coverage you will want to carry. You won’t have to worry when you find out you are in an accident like the one we described.
It is important to protect yourself from the drivers who haven’t taken you into consideration. This way you won’t be forced into financial burdens, your car can be replaced, lost wages can be recovered. If you hadn’t already discussed covering yourself from those irresponsible drivers, you now see how important that coverage is, speaking to an insurance agent and adding this coverage to your policy is easy and essential for all Maryland drivers.
Call us today for a free consultation, or to upgrade your existing policy!