Does Uninsured Motorist Coverage Overlap with Health Insurance?
Do I need uninsured motorist coverage if I have health insurance?
Most drivers want to save as much on their auto insurance as possible. This is why they try to cut down on the amount of coverage they carry. One type of insurance they may skip out on is uninsured motorist coverage, especially if they already have health insurance. However, while these coverages may overlap slightly, they are not interchangeable. Here’s why you still need uninsured motorist coverage.
- What is Uninsured Motorist Coverage?
If you get into an accident with a driver who is not carrying auto insurance coverage, then you have a situation on your hands. Because the other driver does not have auto insurance of their own, they will not be able to file a claim to pay for your damages. Additionally, because uninsured drivers usually do not have assets to seize, it’s unlikely that the driver will be able to pay for your damages out of pocket.
This is where uninsured motorist coverage kicks in. Because the other driver is unable to cover your accident expenses, your uninsured motorist coverage will to pay for things like your car’s repairs and your medical treatments.
- Do I Need This Coverage?
Many drivers do not want to secure uninsured motorist coverage because their injuries would be covered by their existing health insurance policy. However, it’s important to understand that uninsured motorist coverage actually offers more benefits that your health insurance can. For instance, if you are unable to work following the accident, then your uninsured motorist coverage would cover the cost of your lost wages as well as reparation for your pain and suffering. These non-material expenses are something that basic health insurance will not cover. With these additional benefits in mind, it’s easy to see why drivers benefit from carrying uninsured motorist coverage.
This is why drivers cannot afford to skip out on uninsured motorist coverage. Do you have additional questions about your auto insurance? If so, then contact the experts at Remland Insurance in Orange, California. We are ready to assist you with all your car coverage needs today.