The Very High Cost of Low (or No) Insurance: Underinsured and Uninsured Motorist Coverage - What You Need To Know To Protect Your Family
Over 15,000 car accidents happen every day in the United States. The Insurance Research Council estimates that over 14 percent of drivers have no insurance (and in six states, drivers have a 1 in 5 chance of finding an uninsured motorist on the road!). Many states also only require drivers to carry $20,000 to $25,000 worth of coverage.
These low limits of coverage don’t stretch far considering the potential for hefty medical bills, lost wages, and other expenses as a result of even minor motor vehicle crashes. But it is easy to protect yourself and your family. Underinsured and Uninsured Motorist (UI/UIM) coverage is perhaps the most important type of auto insurance that you can carry, because it can provide money for you and your family when injured or killed by a motorist that does not carry enough, or any, liability insurance.
Innocent victims are caught in this trap every day when they - or their families - are hurt by a driver without sufficient, or any insurance. If that happens, you can turn to your own UI/UIM coverages to provide compensation.
In this not to be missed 30-minute webinar, Bailey Glasser partner Sam Hrko will walk you through how UI/UIM coverage can protect both you and your family while also ensuring that you don’t end up with any significant expenses if a motor vehicle accident occurs.
DATE: March 17, 2021
TIME: 1pm ET / 10am PT
Please click here to register for the webinar.