What is Uninsured Motorist Insurance?

by Dan Gaynor, Regional President, Main Street America Insurance Uninsured motorist and underinsured motorist are auto insurance coverages that protect you and your vehicle if you’re involved in a car accident caused by a driver with either no insurance, or too little coverage. Uninsured motorist insurance is valuable protection to have because it helps pay for your medical bills and damage to your property in a situation where you would otherwise be without adequate coverage.  But how does underinsured motorist coverage work? When you sit down with an independent agent to discuss uninsured motorist coverage, it’s important to know there are actually three coverage types. Uninsured Motorist Insurance (UM) Uninsured motorist coverage, also called uninsured motorist bodily injury insurance or UMBI, protects you if the person who hits your car has no liability insurance or you are the victim of a hit-and-run.  UM coverage extends to you and your passengers and covers things like:  Medical care for any resulting injuries  Lost wages if you have to miss work  Pain and suffering  Underinsured Motorist Insurance (UIM) Underinsured motorist insurance provides coverage for incidents where the at-fault driver has insurance, but not enough coverage to pay for the damages they caused.  Like UM, underinsured…

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