If you get into a car accident, typically, both drivers exchange insurance, and their policy covers your damages when they are at fault. However, what happens if the other driver doesn’t have insurance? You are liable for their damages. To avoid this, continue reading to understand why you really need uninsured motorist coverage. 

What is Uninsured Motorist Coverage?

Uninsured motorist insurance covers two distinct things—you and your property. Many uninsured motorist policies cover not only uninsured motorists but also underinsured motorists. For example, let’s say you have a fairly expensive car. The average person’s insurance policy won’t cover the total damages. An accident with someone without insurance will put you in an even more sticky situation. With the right policy, you can get even more coverage than you may think.

Even if you do not get uninsured motorist coverage, 1 in 8 drivers is still without any insurance. With this in mind, you may need it, and it’s better to have it before an accident occurs.

Is it Required? Is it Necessary?

You may not have realized it, but your state may require uninsured motorist coverage. In Georgia, you are required to have liability insurance and property damage coverage. Property damage coverage will pay for repairs to your car if a driver hits you again without enough coverage.

If your state does not offer uninsured motorist coverage, insurance companies are not obligated to carry it or offer it. However, because it is such good protection, you should easily be able to find a policy that meets your needs.

How Much it Costs

Uninsured motorist insurance will cover the same amount as your regular auto policy, just in case of a different incidence. If your auto insurance policy is worth $25,000, your coverage will be up to $25,000 in case of an accident with an uninsured driver.

Your cost will depend on various factors, including your driving history, age, policy type, and the coverage amount. You will average paying anywhere from $10 to $40 a month.

The Final Verdict

Uninsured motorist coverage is a very low-priced add-on to any auto insurance policy. You may wonder, “what are the odds?” Yet, when it comes to insurance, it’s in your best interest to have the right amount of coverage, if not more.

Get the Specialized Coverage You Need with Magnolia Insurance Agency

Magnolia Insurance Agency prioritizes you! Contact us if you’re in the North Metro Atlanta area and need auto insurance. We’ll help you find the perfect policy while providing outstanding customer service. To learn more, call 770-213-5171 or fill out the inquiry form online or email info@magnoliainsuranceagency.com.

Uninsured Motorist Insurance Coverage / By Magnolia Insurance Agency