The basic idea behind liability car insurance is simple. When you are the cause of an accident, your insurance will pay for the damages. If the opposite party is liable for the accident, that person’s insurance will pay for the damages. Everyone is supposed to have car insurance but sadly because of certain holes in the law, not every driver is insured.
If you get hit by an uninsured driver, you might not be able to collect the money you need to fix your vehicle – unless you have uninsured motorist coverage.
Statistics of Uninsured Motorists
Unfortunately, many people drive without the required insurance. To make matters worse, the number of uninsured motorists is rising.
A study from the Insurance Research Council published in the Insurance Journal found that 13 percent of all drivers were uninsured in 2015. That percentage is up from 12.3 percent in 2010.
It is estimated that 15.2 percent of drivers lack insurance in California. Basically, if a driver hits you, there is over a 15 percent chance that they are not insured and will not have the coverage necessary to pay for the resulting damage and medical bills that result from the accident.
How to Protect Yourself from Uninsured Motorists
Drivers who allow their car insurance to expire do so because they don’t have the money to pay their premiums. If they hit you, they don’t have the insurance coverage that is crucial to cover the damage. Even if you try to sue them, they will not have the money to dish out. Therefore, it’s important to maintain uninsured motorist coverage.
It’s so important, in fact, that many states make uninsured motorist coverage mandatory. According to the Insurance Information Institute, around 20 jurisdictions require drivers to carry uninsured motorist coverage. Other states require insurance companies to offer the coverage and customers are required to accept it.
Most responsible drivers believe they’re accountable for having auto insurance; unfortunately, not everyone is a responsible driver. That’s why this coverage is required in many states. Even if it’s not required, consider protecting yourself and your family with this policy so you can make sure you get back on the road and back to your life quickly.
Contact VIP 360 Insurance today to find a plan that protects you from uninsured motorists. We have the best rates in California and always give everyone the VIP treatment!