Most mistakenly assume that car and umbrella insurance policies will offer reimbursement for all aspects of a roadway accident. Instead, both policies cover your liability and provide compensation to others in case you are at fault for an accident. However, what if another motorist causes the accident and does not have sufficient insurance coverage to compensate you? Your own auto or umbrella policies will not be enough. That why we are here to give a simple explanation of the difference between Uninsured Motorist and Underinsured Motorist Coverage.

If another driver does not have enough insurance coverage to pay for your medical costs, you might deal with exceptionally high out-of-pocket costs or lengthy court battles. However, by adding Uninsured Motorist (UM) / Underinsured Motorist (UIM) coverage to your auto policy and adding the protection as an endorsement to your umbrella policy, you can be completely secured on the road.

• Uninsured drivers don’t have any insurance at all. As a result, if they cause an accident, there isn’t a policy in place to repay you for medical expenses. According to the Insurance Research Council, about 1 in 8 motorists in the United States are entirely uninsured.

• Underinsured drivers have an insurance policy; however, they don’t have enough coverage, or they might just carry the state minimum requirements which sometimes isn’t very much.

Protect yourself from these risks. Talk with your TPG Insurance Services representative about your current coverage or about adding an endorsement to your umbrella policy.

Get in touch with us today at 909.466.7876 to examine your vehicle insurance coverage and ensure that you and your household are safe on the road.

Also, why not protect the place where you and your loved ones reside with a high-standard Insurance Company like TPG, learn more about our Homeowners Insurance now!