Although having insurance is required by law, some states report 25% of their drivers don’t have insurance.

That’s why it’s so important for you to understand the value in an insurance policy that includes Uninsured (UM)  and Underinsured Motorist(UIM) Coverage.

 

What is UM and UIM?

UM covers you or anyone in your vehicle if you are injured or killed by a driver who has no insurance. Your coverage will be up to the limit you have on your policy.

UIM covers you or anyone in your vehicle if you are injured or killed by a driver who has liability insurance, but doesn’t have high enough limits to pay for your injuries. In this case, the at fault driver’s bodily injury liability limit will be exhausted, and your underinsured motorist coverage will pay in addition  to their coverage up to your limits.

What’s In It For You?

These protections help cover you physically and fiscally.  They take out the uncertainty of what happens if we are injured by an uninsured or underinsured driver.

Don’t get hit without them!

Common Limits:  Most of us have um & uim limits that are the same as the Bodily Injury liability limits.

This coverage is not required on motorcycles in Minnesota, however, because the risk is much greater, most motorcycle drivers also purchase it.

Did you know?

If you have a personal Umbrella liability policy you can add um & uim to that policy.  For instance if you have a $1,000,000 Umbrella policy you can add $1,000,000 um & uim coverage also.  Feel free to call me at 507-226-8121  for details. Or, you can email me at [email protected].

Jon

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