In Virginia and in most states throughout the country, licensed drivers are required to possess car insurance. Unfortunately, there is a startling number of motorists who continue to drive without having any insurance coverage, or not enough coverage.
When you are involved in a car accident caused by an uninsured driver, you may have to pay for your damages and injuries out of your own wallet. Fortunately, insurance companies offer uninsured motorist coverage (UM) within their policies.
The following are several reasons why it is imperative to obtain uninsured motorist coverage:
- Coverage for your damages and injuries. Having UM coverage can provide you with the financial support necessary to cover medical expenses, vehicle repairs, lost wages, as well as pain and suffering from the accident. Furthermore, it eliminates the stress you will have if you do not have UM coverage.
- Passenger protection. Your passengers will also cover damages caused to anyone else in your vehicle. Without UM coverage, your passengers will be left on their own to pay for any damages and injuries caused by an uninsured driver.
- Beneficial in other accident scenarios. Uninsured motorist coverage can also be used for accidents involving underinsured motorists, or drivers with poor insurance coverage. Additionally, if you are involved a hit-and-run accident where the other driver cannot be identified, UM coverage can help cover your losses and injuries.