The Uninsured Motorist Clause, also known as UIM, is a legal term used to describe the right of an insured person to receive compensation from an at-fault driver who is uninsured. Most states require insurance companies to offer UIM coverage to their policyholders. It can provide coverage for medical and other expenses that might result from an accident with an at-fault driver who does not have insurance.
What Does Uninsured Motorist Clause Cover?
The Uninsured Motorist Clause covers a variety of expenses, including medical and hospital bills, lost wages, or pain and suffering. It also covers damage to your car, property, or other belongings resulting from an accident with an uninsured driver. The amount of coverage you receive may depend on your state’s insurance requirements and the amount of UIM coverage you have purchased.
What Do You Need to Know About the Uninsured Motorist Clause?
It is important to understand the coverage offered by the Uninsured Motorist Clause and how it works. For example, if you are the victim of a hit-and-run accident in which the other driver has no insurance, your UIM coverage will cover any damages you suffer. Additionally, it is important to note that the Uninsured Motorist Clause does not cover damage to your own vehicle, only to to others caused by the at-fault driver.
The Benefits of Uninsured Motorist Coverage
Having UIM coverage can provide peace of mind. Knowing that you will be compensated for accidents with uninsured drivers can also help financially. In the event of an accident, you can rely on your UIM coverage to help pay for medical bills or to help compensate you for property damage and lost wages.
Consider Uninsured Motorist Coverage
The Uninsured Motorist Clause is an important part of your auto insurance policy and can help protect you financially in the event of an accident with an uninsured driver. Consider adding UIM coverage to your policy to ensure you are protected in the case of an accident with an uninsured driver.