Yes, you do need uninsured motorist coverage if you live in one of the 20 states that require all drivers to have uninsured motorist (UM) insurance. Even if your state does not require UM, it’s great to have coverage that protects you in the event of an accident with a driver who does not have insurance.
Uninsured motorist coverage costs around $50-$70 annually for both bodily injury and property damage coverage. Considering how affordable it is, it’s almost always worth the investment.
States That Require Uninsured Motorist Coverage
Note: Uninsured motorist coverage is also required in the District of Columbia.
If you live in an area that has a high percentage of uninsured drivers, it is especially important to protect yourself. Mississippi has the highest rate of uninsured drivers, at 29.4%, while the state with the lowest uninsured-driver rate is New Jersey, at only 3.1%. Remember that your standard liability insurance will not protect you in an accident with an uninsured motorist.
However, there are some instances where uninsured motorist insurance may not be necessary. Several other types of coverage can offer protection in any accident, regardless of whether the other driver has insurance.
You May Not Need Uninsured Motorist Coverage If:
- You have personal injury protection or MedPay to cover your medical costs regardless of fault.
- You have collision insurance to cover any accident-related vehicle damage.
- You can afford to pay out-of-pocket for your own injuries and property damage resulting from a serious accident.
Finally, it’s worth noting that uninsured motorist coverage is often combined with underinsured motorist insurance, which helps cover your accident-related expenses if the at-fault driver has insurance but not enough coverage to pay for your costs.
To learn more, check out WalletHub’s guide to uninsured motorist coverage.