Understanding UM and UIM Coverage
Have you ever wondered if you need more insurance? Let's talk about UM and UIM coverage.
Today, UM stands for uninsured motorist coverage, while UIM means underinsured motorist coverage. Both are crucial if you're in a serious car accident.
If someone injures you in an accident, you can claim money from their insurance. But what if they don't have any insurance at all?
In New Jersey, drivers are only required to carry $15,000 in liability coverage. That's not much if you're seriously hurt. Imagine losing an arm or a leg in a crash or losing your job from those injuries, and there’s not enough money to help you go on with your life.
By purchasing your own UM/UIM coverage, you can receive more money if the other driver is underinsured or uninsured. This is a safety net for your financial well-being.
It's important to plan ahead. You can't buy this insurance after an accident occurs. We recommend at least $100,000 in coverage.
We hope you never need it, but if you do, having UM/UIM coverage will bring you peace of mind. Stay protected out there.
