Underinsured Motorist (UIM) Explained

uninsured motoristREALITY CHECK : Because you are more likely to be injured in a car accident than in a shooting . . . . .

Group Members and Friends,

I recently settled an injury claim for a woman who recovered HUNDREDS OF THOUSANDS OF DOLLARS MORE for her injury claim because she and her husband invested a few extra dollars each month in UNDERINSURED MOTORIST (UIM) car insurance.

I don’t sell it, but all too often I see the tragedy of not having it. I have another claim pending currently where the client will likely collect AT LEAST $100,000 more because he had UNINSURED MOTORIST (UM) COVERAGE.

Under and un-insured coverage are among the most INEXPENSIVE insurance products you can buy. Plus, they pay YOU and your family if you are injured whereas liability coverage only pays if you injure someone else. Some auto insurance agents will encourage you to waive this coverage because it keeps their policy premiums competitive. DON’T waive UIM or UM coverage.

Call your insurance agent today and make sure you have sufficient (at LEAST $100,000) of UNDERINSURED (UIM) and UNINSURED (UM) coverage. Your agent won’t push you to get it because he/she doesn’t make enough of a commission to make the effort to sell it, but when (not if) you need it, you’ll be glad you have it.

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