Uninsured Motorist Coverage in Fort Worth, TX

As a law-abiding vehicle owner, you understand that liability coverage is essential to your auto insurance policy. However, other parties may not be so responsible. Despite the law and their own financial interests, other motorists may neglect to pay for necessary auto insurance. If they are at fault in an accident, you may need to rely on other means to manage losses. Uninsured motorist coverage can be critical.

What is Uninsured Motorist Coverage?

As its name suggests, this facet of auto insurance can help manage losses and expenses should another at-fault party lack coverage. While uninsured motorist coverage is typically optional, having it can pay dividends when you’re facing losses for which you’re not responsible. Since your liability coverage won’t assist with your own, lacking uninsured motorist coverage could mean you have no recourse but to pursue potentially costly legal action against the other driver.

Real-life Examples of the Importance of This Coverage

Uninsured motorist coverage may help manage a variety of losses following accidents for which someone else is liable. Consider the following scenarios:

• Another driver runs a red light and strikes your vehicle. You suffer broken bones and a concussion, requiring a trip to the hospital and accruing significant medical expenses. Usually, the other party’s bodily injury liability coverage could help pay for resulting bills, but since they don’t have it, your uninsured motorist coverage can help manage such expenses.

• You’re rear-ended in traffic, causing damage to your trunk and back windshield. Your vehicle requires expensive repairs, but the person who hit you does not have property damage liability coverage. Fortunately, uninsured motorist coverage can compensate you for your losses and help you get back on the road with limited out-of-pocket costs.

What About Underinsured Motorist Coverage?

Underinsured motorist coverage functions similarly to uninsured motorist coverage, which may often be purchased together. If you’re involved in an accident with an at-fault driver who does have auto insurance but lacks sufficient policy limits to pay for your losses, underinsured coverage can bridge the gap. This may be particularly important if you drive a high-value vehicle, as even minor accidents could incur losses beyond the capabilities of states’ minimum liability coverage requirements.

We’re Here to Help

Contact Luna Insurance Agency in Fort Worth, Texas, today to learn more or get a free quote for an auto policy featuring uninsured motorist coverage.