UM in insurance means uninsured motorist coverage, which is a type of car insurance that pays for your property damage and medical expenses after an accident caused by an uninsured driver. Uninsured motorist coverage replaces the liability insurance that the at-fault driver should have had in the first place.
Uninsured motorist coverage is required in 20 states and the District of Columbia, but it is available in every state as an optional type of coverage. Even if it is not required in your state, it is still a good thing to have, since millions of Americans drive without insurance every year and UM coverage usually costs just $50 to $75 per year.
Uninsured motorist coverage works a lot like liability insurance, but it covers the policyholder rather than other drivers. Uninsured motorist (UM) insurance replaces the liability coverage an uninsured driver should’ve had, covering property damage and bodily injury expenses they cause the policyholder to incur. If the driver does have insurance but it doesn’t cover all of your medical and vehicle repair costs, underinsured motorist (UIM) insurance can fill in the gaps.… read full answer
Key Things to Know About Uninsured Motorist Insurance
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