In their hunt to find the cheapest car insurance many people overlook the importance of uninsured insurance. Even though car insurance is legally mandatory in every state the fact of the matter is that not everyone complies with the law. Here are just a few reasons why you should always buy uninsured insurance to protect your family's financial and personal well-being.
1) Uninsured Drivers: there are now more uninsured drivers in the United States and ever. In certain states like Florida it was estimated that nearly a quarter of the population was driving without insurance in 2007. If you don't have uninsured insurance and you get into an accident with one of these motorists the chances are they will not be able to cover your damages, even if they were completely at fault.
2) Hit and Runs: if you get into an accident with someone who then drives off from the scene of the crash you will have no one to claim any medical expenses, property damage or other related costs. Without uninsured insurance you can face financial ruin for an accident which you were not responsible for.
3) Insufficient car insurance: many states have such small minimum requirements for car insurance that you could well get into an accident with an insured driver only to find that the policy does not cover your expenses. If you do not have uninsured insurance then you may find yourself paying for this excess amount if the other party cannot cover it personally.
Even if you are a perfect driver you cannot predict what other motorists will do on the road. Rather than simply choosing the cheapest car insurance you can find it pays to pay a little extra for uninsured insurance to protect you from an accident which is out of your control.
1) Uninsured Drivers: there are now more uninsured drivers in the United States and ever. In certain states like Florida it was estimated that nearly a quarter of the population was driving without insurance in 2007. If you don't have uninsured insurance and you get into an accident with one of these motorists the chances are they will not be able to cover your damages, even if they were completely at fault.
2) Hit and Runs: if you get into an accident with someone who then drives off from the scene of the crash you will have no one to claim any medical expenses, property damage or other related costs. Without uninsured insurance you can face financial ruin for an accident which you were not responsible for.
3) Insufficient car insurance: many states have such small minimum requirements for car insurance that you could well get into an accident with an insured driver only to find that the policy does not cover your expenses. If you do not have uninsured insurance then you may find yourself paying for this excess amount if the other party cannot cover it personally.
Even if you are a perfect driver you cannot predict what other motorists will do on the road. Rather than simply choosing the cheapest car insurance you can find it pays to pay a little extra for uninsured insurance to protect you from an accident which is out of your control.
RSS Feed