Protecting Yourself against Uninsured Motorists
Protecting Yourself against Uninsured Motorists Overlooked Auto Insurance Options About one out of every eight U.S. drivers does not have an auto insurance policy, even though it is mandatory to purchase this coverage in 49 out of 50 states (New Hampshire is the exception), according to the Insurance Research Council (IRC). In several states, more than one in five drivers do not carry coverage. If you’re involved in a serious accident with an uninsured motorist, you could be at risk for substantial financial losses. For protection from losses arising from an accident with an uninsured motorist, consider purchasing uninsured motorist coverage. A handful of states require that this coverage be included in all auto insurance policies. Regardless of state requirements, you may already carry uninsured motorist coverage, so check your policy or ask your insurance professional. Types of Uninsured Motorist Coverage Specific options for uninsur...