To protect yourself against irresponsible drivers, you may want to add Pemco car insurance uninsured motorists coverage
According to the Insurance Research Council (IRC), an estimated one out of four drivers in some states may be operating a motor vehicle without having any sort of insurance at all. To guard against this, Pemco car insurance uninsured motorists coverage is available.
Uninsured motorists coverage is usually a voluntary add-on to a basic liability package to provide depth of coverage. It may also be required by your financing company to provide an additional layer of financial coverage to ensure that the vehicle can ultimately be paid off. There are also a handful of states that require licensed drivers to add this feature to the minimum required liability coverage levels.
How this coverage can help you
Pemco car insurance uninsured motorists coverage comes into effect in the event of a multi-vehicle collision in which the driver who caused the collision has no insurance. This coverage option also comes into effect if you are inviolved in an accident with a hit-and-run driver.
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The uninsured coverage takes the place of the other driver's liability insurance. Since you can't expect adequate compensation from uninsured drivers, Pemco pays for the damages instead. The coverage is available through Pemco's underinsured motorists plans for both bodily injury and property damage, and the amount of coverage varies depending on the amount requested by the insured driver. If you want a larger amount of coverage, you'll have to pay a higher premium. There are some states that set requirements and limitations on levels of coverage insurance companies can offer through uninsured motorists coverage options.
Know your options
Bodily injury and property damage for Pemco car insurance uninsured motorists coverage are two separate add-ons to your policy. Bodily injury coverage pays for injuries received by you and your passengers up to the covered amount. In some states, the coverage may also include compensation for wages lost while you're recuperating from an injury as well as for pain and suffering.
Property damage coverage is generally used to pay for vehicle repairs or other property harmed due to a collision with the uninsured motorist. It also protect against damage to property (including your car) caused by a hit-and-run driver.
Know when it kicks in
In order to use Pemco auto coverage for uninsured drivers, you must prove that the other driver is at fault for the accident (unless it was an incident with a hit-and-run driver.) In some states, the uninsured driver may be considered to have been only partially at fault. In those states, the percentage of fault is determined, either by law enforcement authorities or the respective car insurance company's underwriters, or a combination of all parties. In these cases, your Pemco uninsured motorists coverage will pay according to that percentage.
Whether it's a state requirement, a requirement of your financing copmany, or just an option you want to give serious consideration to, Pemco car insurance uninsured motorists coverage can give you an additional layer of protection. You can get plenty of additional information by speaking with a local, licensed car insurance agent with access to companies like Pemco. Reply! can help by connecting you to car insurance agents near you who will gladly put together a number of policy options for you to consider before you have to make a final buying decision.