Uninsured Motorist Insurance Coverage

by Cole Humphreys in Auto Insurance at August 7, 2015

 

When Grand Prairie, Irving, Arlington or Mansfield citizens are concerned about the insurance coverage to your vehicle, it is suggested you be aware of uninsured/underinsured motorist coverage. UIM provides coverage when the other person involved in an accident is at fault but fails to provide any insurance coverage. Your collision coverage will provide repairs in the event the other party does not provide coverage but you are making a claim on your own policy and it will affect your premiums moving forward. With UIM, the claim does not go against your claims record(in Texas) and also provides medical coverage. The Medical coverage is very important when the other party does not have any coverage at all. In Texas, UIM is not required by law but it is required to be rejected by signature. The state does this so that you are fully aware of the coverage options. There are 13+ states who require UIM as part of the state minimum coverage. The remaining states do not require it nor do they require a rejection signature.

UIM is set up exactly like Liability insurance and has limits similar as well. The limits start 30/60/25. The first two numbers are for bodily injury which means the coverage is for the bodily injury of an insured or third party. Thirty Thousand is the number and it applies as a maximum to one single person. The 60 thousand applies as a limit to the entire policy. An individual is maxed at 30k and the policy is limited to a total of 60k. 2 people maxed at thirty would max the policy coverages as well. The 3rd number is for property damage which usually deals with the vehicle itself. The coverage is maxed out at 25k. These coverages can be raised but the 30/60/25 is the minimum coverage. Contact and insurance agent for more information.

 

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