Driving is one of the most dangerous activities people do on a daily basis, but it is necessary in order to get from one place to another. Insurance helps protect you from having to pay large amounts to others or for your own medical bills when you get into an accident. Uninsured drivers are a fairly well-known problem, but it is also important to take into account the number of underinsured people on the road.
Here are some things to know about protecting yourself from underinsured and uninsured drivers in Kentucky.
What does underinsured motorist insurance do?
Uninsured and underinsured motorist insurance helps protect people from those whose personal policies may not cover all medical bills in the case of an accident. In Kentucky, people need to carry at least $25,000 of liability insurance for one person and $50,000 to cover everyone involved in a wreck.
However, if you get into an accident with someone who has only minimal insurance, or no insurance at all, you might not receive enough money to cover things like medical bills and lost wages. This is where UM/UMI comes in, as this additional coverage will help protect you financially against a motor vehicle incident involving someone who lacks adequate coverage of their own.
Next steps
If you do get involved in an accident, contacting an attorney is a good step once you receive necessary medical care. They can guide you through the steps involved in receiving the best possible outcome.
While nobody wants to get into an accident, preparing for one helps make the incident less stressful if it does occur.