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Uninsured Motorist Coverage — What Does it Cover? | NextAdvisor with TIME


But what if the at-fault driver doesn’t have insurance?
Almost every state requires drivers to carry liability insurance to cover any property damage or bodily injury if they cause an accident. Despite these laws, some people are driving without it. 
That’s where uninsured motorist coverage (UM) comes in. This coverage is designed to protect you from financial loss if you’re in an accident where the at-fault driver is uninsured. 
Before the coronavirus pandemic took hold, nearly 13% of drivers went uninsured. And according to a study by the Financial Responsibility and Insurance Committee of the American Association of Motor Vehicle Administrators, “among the uninsured driver group, 82% indicated they either can’t afford insurance or the vehicle is inoperable or not in use.” ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120806:09:24:00

Chunk of money a lot of these states costs are up. a lot of people are quick to claim mini accidents. on insurance that s not a good idea. that s pushing it up for everybody. if you look at louisiana all of those insurance claims bringing the cost up for everybody which is why a chunk of your income. you say drop unnecessary coverage. unnecessary is the key. a lot of people think you can drop it all together. if you have an old clunker 10 years or over you may want to consider dropping comprehensive collision coverage not required state. this is insurance that could be accounting for 40 percent of your premiums and it could be costing too much based on the value of your car. if your car is worth less than a thousand dollars you might want to consider dropping this. you still have to have liability. but if you drop your comprehensive and collision you ....

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