First thoughts when you are in an accident may be: am I or my passengers hurt in any way? Is my car damaged? How much will this cost me?
You may not be wondering if the driver that hit you actually HAS insurance. It is hard to believe that a driver may not have insurance, but the ugly truth remains; some do not have any car insurance, and some may not have enough coverage. What can you do to protect yourself?
Review your coverage to be sure than you are insured for uninsured and underinsured motorists.
- Underinsured Motorist – Jane purchases $100,000 in liability coverage and $100,000 in underinsured motorist coverage. Sam purchases only $15,000 in liability coverage. Sam crashes his car into Jane’s car, causing $25,000 in damages. Sam’s insurance company pays $15,000 of the damages, while Jane’s insurance company pays the remaining $10,000 from her underinsured motorist coverage. – NJ Dept. of Banking & Insurance
- Uninsured Motorist – Bob forgot to make his payment on his auto insurance policy on January 1st. On February 21st, while Bob was texting on his cell phone, he rear ended Hank, causing $40,000 in damages. Hank’s uninsured motorists coverage paid $25,000 in damages.
Attention Encompass Insurance Policyholders
Effective March 28, 2014
$1,000,000 Excess Uninsured/ Underinsured Coverage Available on Umbrella
Call Today for More Information