Important insights regarding why Uninsured Motorist (UM) coverage is essential for your protection:
– High Risk: 1 in 3 drivers are either uninsured or underinsured, and 1 in 7 drivers carry no insurance at all.
– Rising Costs: $16 billion in costs from uninsured accidents are passed on to insured drivers annually.
– Premium Impact: Policyholders have seen a 12% increase in premiums specifically to offset losses caused by uninsured drivers.
– Regional Trends: In certain states, more than 20% of drivers are completely uninsured.
Having this coverage ensures you aren’t left paying out of pocket for an accident that wasn’t your fault. Please let me know if you would like to review your current policy limits.
