Imagine driving through Baton Rouge on your daily commute. It's Friday, so all you have to do is make it through the day and then you can relax for the weekend. Unfortunately, things take a turn when another driver runs a stop light and slams into the side of your car. Instead of the nice, relaxing weekend you were hoping for, you now have to spend a couple of days in the hospital and then deal with the damage to your car.
To make matters worse, the other driver only has the minimum amount of coverage, which is not nearly enough to cover your medical expenses much less the repairs or replacement cost of your car.
This is not an uncommon situation. Before the above scenario becomes a reality, you might want to take a moment and look over your car insurance policy. Does it include underinsured motorist coverage? If not, you may want to add it. Read further to find out more about the benefits of underinsured motorist coverage.
Uninsured motorist coverage
Uninsured motorist coverage is not the same as underinsured coverage, however, it is probably part of it. If you have uninsured coverage, it only applies to accidents caused by drivers that do not have car insurance. Underinsured coverage is for instances like the above example, when you are involved in an accident with a driver that has coverage, but not enough to pay for your losses. When you are purchasing a policy, or making changes to an existing one, be sure to talk to your agent about different options for underinsured and uninsured coverage.
As mentioned above, underinsured coverage is for when another driver causes an accident but does not have enough insurance to pay for your medical bills and the damages to your vehicle. While you might be able to take the other driver to court to win the damages his or her insurance does not cover, there is a possibility that the driver does not have the resources to pay the award. This is what makes underinsured insurance so important. Your underinsured coverage will pay the remainder of your damages up to your policy limit.
Before you find yourself the victim of a negligent driver that does not have sufficient insurance, take the time to look over your own insurance policy and make sure you have the proper coverage.