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FAQ: Demystifying Auto Insurance Definitions
What is uninsured or underinsured motorist property damage coverage?
Imagine you’re driving along the highway and you’re hit by another car. Your car has hundreds of dollars worth of damage, and you find out the other driver doesn’t have auto insurance coverage. Initially this may seem like a big problem, but if you have uninsured/underinsured motorist property damage coverage, you’ll be able to avoid tapping into that retirement fund.
Uninsured/underinsured motorist property damage coverage protects you if your vehicle is damaged in an accident involving a driver who has no insurance coverage or insufficient insurance coverage.
Uninsured motorist coverage generally pays up to the limit you purchase when you buy auto insurance.
Underinsured motorist coverage typically pays the difference between your coverage limit and the other driver’s property damage coverage limit.
These coverages are available in most states and are mandatory in many. In some states, these coverages are offered together as a single package called uninsured/underinsured motorist property damage coverage and provide the protection listed above.
Check the details on the types of uninsured/underinsured motorist coverage available in your state when you get your online quote. Then you won’t have to worry about who is going to pay for damages if you’re hit by a driver who doesn’t have auto insurance coverage.
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