The most recent data estimates that approximately 14% of the driving population is uninsured. If you live in Tennessee, Oklahoma, and Florida that number jumps to 24%. So what happens if you are injured in a car accident by an uninsured or an underinsured driver?
As Virginia car accident injury attorneys we know that there are two types of coverage that protect you from injuries in cases where the other driver was either underinsured or uninsured. Underinsured motorist coverage pays for medical expenses, lost wages, and other damages when you or your passengers are hurt in an accident caused by a driver with auto insurance coverage too small to pay the bills. Your insurer will make up the difference between the negligent driver’s coverage and the maximum of your own policy.
Uninsured motorist coverage operates the same way, except that instead of making up the difference between the negligent driver’s coverage and your own policy limits, your insurance company will be responsible for all of your bills. In Virginia and North Carolina the minimum insurance requirements include uninsured and underinsured car insurance coverage but the amounts that you maintain on your policy are optional over the minimal coverage. It is a very important part of your car insurance, because it helps you if the other driver is uninsured, or does not have enough insurance for the magnitude of your injuries. For more on uninsured or underinsured car insurance, read one of our articles on this key UM/UIM insurance.