Protect Yourself: The Importance of UMI Coverage

by fstrack | May 13th, 2009

Uninsured/underinsured motorist coverage (UMI) is one of the most important automobile coverages you can purchase for yourself and your family. It protects YOU and YOUR FAMILY in the event the person who causes an accident either has no insurance or low limits of insurance. For example, you are hit by a driver who runs a red light. You suffer a broken leg and are unable to work for six weeks. The driver who caused the accident has no insurance.  How are you to be compensated for your injury and lost wages? If you purchased UMI, you can be compensated to the limits of your coverage. If you purchased $25,000/50,000 in uninsured/underinsured motorist coverage, you can be compensated up to $25,000 for your injuries. If you bought no UMI, you have no means of recovery for your injury and lost wages. Alternatively, you are struck by a driver with $12,500 in coverage. You have the same coverage limits, including UMI. If you have limits equal to the driver who caused you injury, you are limited to the driver’s $12,500 in coverage. If you purchased $100,000/300,000 in coverage, including UMI, you can be compensated by the driver’s insurance company and your own up to $100,000.

It is critical when you purchase insurance on your vehicle that you purchase as much coverage as you can afford, especially UMI coverage. Insurance companies are no longer required to offer you UMI coverage but if you request it, it will be sold to you. Too many times we see clients with disabling injuries who did not purchase UMI coverage and have no means of recovery. Protect yourself and your family by purchasing UMI coverage. If you have any questions about your coverage, please call an attorney at Nurenberg Paris so you not a victim!