What Does Uninsured Motorist Coverage Cover?
Many states require all vehicle owners to purchase uninsured motorist (UM) insurance. This insurance covers medical costs for individuals injured in an automobile accident caused by a hit and run driver or a driver without insurance.
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Significance
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Uninsured motorist coverage pays for medical costs for injuries sustained to the policyholder, passengers of the vehicle and other drivers listed on the policy. The coverage pays up to the maximum amount of the policy limit of insurance purchased per person, per accident. Policyholders of uninsured motorist coverage are also covered if hit as a pedestrian.
Considerations
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Uninsured motorist coverage only pays the medical costs for the injuries of drivers and passengers involved in an accident. For a higher premium, a policyholder can obtain uninsured property damage insurance along with uninsured motorist coverage to pay for damages done to the vehicle by an uninsured driver.
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Benefits
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Uninsured motorist coverage benefits people who do not have health insurance and require medical attention when involved in an accident with an uninsured driver. This coverage pays medical expenses according to the terms and limits in the policy.
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References
- Photo Credit road accident image by Nicola Gavin from Fotolia.com
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Comments
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And dosent california law require all persons to have auto insurance.
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Doesn't the bodily injury component of a full coverage policy already. cover medical costs to the limits of the policy.
