By now you should probably know about the many benefits of having auto insurance. In doing so, you are protecting your health and financial well-being. What we don’t often hear about are the many horrible situations people have to experience for various reasons; sometimes their fault, and sometimes the fault of the insurance companies. However, we are required by law to carry car insurance at all times while driving.
All we can do is ensure that we don’t get ourselves into the same situation, and that we learn from other people’s mistakes.
One of our clients shared her story with us, of how she had been sideswiped on her way back from work one evening.
“I’m still not completely sure what happened. I remember getting hit, and next thing I know, I’m up against a light post on the side of the road. It turns out, the guy that hit me didn’t have any auto insurance. I had wrenched my neck pretty bad, and was in a lot of pain, so I went over to the hospital to get it checked out.
I called my insurance company the next morning to report my claim, and was hoping to get reimbursed for my medical bill. Apparently, since the other guy didn’t have insurance, and my plan didn’t have under-insured motorist bodily injury coverage, I was out of luck, and ended up having to come out of pocket $800 for my medical bill.”
What We Can Learn From Kathy’s Story:
Always make sure you have appropriate forms of coverage, in this case, under-insured motorist bodily injury coverage (UNDUM).
Don’t cut out particular forms of coverage just to save a few bucks. If we knew when accidents were coming we wouldn’t need insurance at all, unfortunately this is far from reality.