Great question about non insured motorist coverage. So why is it important to have enough coverage so you’re compensated through your own insurance? Well, if somebody else causes an accident and breaks your leg and you’re out of work for six months, you know what you’ll need to cover those wage loss, damages, pain and suffering medical expenses for that six month period, for example.
So if you’re somebody who makes, let’s say 50, 000 a year and you’re off work for half a year, that’s 25, 000. So only having 25, 000 in uninsured motorist coverage is It’s just not enough, right? You need to have 100, 000 or more. The best case scenario is to have your car insurance tied into your homeowner’s insurance or your renter’s insurance and have an umbrella policy, that’s actually pretty cheap, that is tied into your uninsured motorist coverage.
So, you could be paying for 100, 000 of uninsured motorist coverage, but with an umbrella of 1, 000, 000, you’re going to get the benefit of 1. 1 million dollars of uninsured motorist coverage. That’s probably the greatest deal out there when it comes to the insurance world. Talk to your agent and hey, if you have an agent who has questions about this or wants to talk to us about examples, I have lots of real life examples that I can tell your agent and others about why it’s so important to have this kind of coverage to protect yourself from those irresponsible drivers.