What is Underinsured Motorists coverage? Why do I need it?
Underinsured Motorist coverage is an endorsement to your car insurance policy that provides more complete insurance protection. Underinsured Motorists (UIM) coverage applies when a negligent driver has liability insurance, but the limits on their policy are lower than the actual cost of your bodily injury. For example, John Doe is involved in a car accident with an underinsured driver. The other driver carries his state mandated minimum liability limits of $25,000/$50,000 for bodily injury. John suffer sever injuries and his medical expenses will exceed $100,000, not to mention pain and suffering damages.
