Uninsured & Underinsured Motorist Coverage in Greenville and Spartanburg, SC
Although you may already have an auto insurance policy, you may still be at financial risk if you’re in an accident with an uninsured or underinsured motorist. Typically, auto policies provide coverage for losses if you are responsible for an accident. However, if the other driver is at fault and does not have insurance or adequate coverage, you may be financially responsible for the remaining expenses.
You can help protect yourself from this exposure by securing uninsured (UM) or underinsured (UIM) motorist coverage. These policies can typically be purchased as stand-alone policies or added as endorsements to your existing policy. The agents at Kendall & Associates can help you learn more about these options.
The Need for Additional Coverage
Auto insurance is required in most states because all drivers on the road essentially trust one another to not get into an accident. As a result, your regular auto insurance policy will reimburse another driver if you are the cause of an accident.
However, if another driver doesn’t have enough coverage to fully pay for the damage of an accident, you could be left to pay the bills yourself.
Uninsured motorists are those people who simply don’t purchase an auto insurance policy. As a result, if they cause an accident, there isn’t a policy in place to reimburse you for medical bills.
Underinsured motorists have an insurance policy, but they don’t have a high enough coverage limit to pay for all of the expenses of an accident. Some states only require a small amount of coverage, which won’t be enough to pay all of your medical expenses.
It’s also important to know that hit-and-run accidents—those in which a driver flees—fall into the same category as uninsured motorists, as there is no insurance policy in place to cover the driver’s liability.
Get Protected Today
Uninsured or underinsured motorist coverage can help protect you from financial losses you may face after an accident that’s not your fault. Speak with Kendall & Associates about a stand-alone policy or an endorsement to your existing policy. You can also visit our website at www.kendallagency.com for more information.