(UINSURED AND UNDERINSURED MOTORIST COVERAGE)
Part 1 of 3:
Most consumers know (or think they know) the basics regarding insurance coverage and car accidents, namely: if you are involved in an accident, and it’s not your fault, then the other driver’s insurance will pay for your property damage (your car) and any medical bills you may have as a result of the accident. This seems straightforward enough, doesn’t it? If you didn’t cause the accident, then it should be the other person’s insurance who pays – that’s what insurance is there for, after all. And since Georgia law requires every driver to hold liability insurance, there’s no need to worry about it.
Though the above analysis is mostly on point, a little closer analysis reveals a more complicated picture. First, even though every driver in Georgia is supposed to have liability insurance by law, not everyone does. Sure, there are people who roll the dice and bet on never getting in an accident (or being stopped by police and asked for proof of insurance). If they happen to have bet wrong and caused an accident, it will obviously be a problem for you, the driver who gets hit and possibly suffers physical injuries. Stay tuned for our next post that will dive even further into UM coverage and why you need to be aware of it.