| Continued from part 3. | | | | Arizonabodily injury and property damage |
| | | | liabilityNo15/30/10no |
| Think About it: You Need to Buy Insurance to | | | | |
| Protect Yourself, Passengers, and Family | | | | Arkansasbodily injury and property damage |
| Members by Purchasing Underinsured Motorist | | | | liabilityNo25/50/25no |
| Coverage (part 4 of 4) | | | | |
| | | | Californiabodily injury and property damage |
| One serious mistake is to decline UIM | | | | liabilityNo15/30/5no |
| coverage. Some companies require that you | | | | |
| purchase UIM in the same amounts as the | | | | Coloradobodily injury and property damage |
| liability insurance. However, many companies, | | | | liabilityNo25/50/15yes |
| depending upon state law, are authorized to | | | | |
| sell denominations of UIM coverage less than | | | | Connecticutbodily injury and property damage |
| the liability limits. The insured thinks that | | | | liability, uninsured motoristYes20/40/10no |
| he is providing some satisfactory minimal | | | | |
| coverage for his family and decides to save | | | | Delawarebodily injury and property damage |
| some money with lower UIM limits. However, | | | | liability, personal injury protectionNo15/30 |
| UIM is probably the most important place to | | | | 10no |
| spend money. | | | | |
| | | | DCbodily injury and property damage |
| You are not as likely to cause an accident, | | | | liability, uninsured motoristYes25/50/10yes |
| as you are to be a victim of an accident. At | | | | |
| least if you are taking the time to read this | | | | Florida |
| article, you are probably a person who will | | | | |
| exercise more care and judgment in your | | | | BI liability not required, only property |
| driving than the ordinary person. Therefore, | | | | damage liability, personal injury |
| it is more likely that you will be making a | | | | protectionNo10/20/10yes |
| claim against another person for injuries | | | | |
| sustained by you at the hand of the third | | | | Georgiabodily injury and property damage |
| party tortfeasor. In this instance, the | | | | liabilityNo25/50/25no |
| tortfeasor may (but likely will not) have | | | | |
| sufficient insurance to cover you and your | | | | Hawaiibodily injury and property damage |
| passengers for all of your medical expenses, | | | | liability, personal injury protectionNo20/40 |
| wages loss, and general damages. If not, then | | | | 10yes |
| the tortfeasor is said to be "underinsured". | | | | |
| In that instance, the balance of the value of | | | | Idahobodily injury and property damage |
| your claim, above the bodily injury policy | | | | liabilityNo25/50/15no |
| limits of the tortfeasor, is the | | | | |
| responsibility of your own company's UIM | | | | Illinoisbodily injury and property damage |
| coverage. | | | | liability, uninsured motoristYes20/40/15no |
| | | | |
| A third possibility is if the tortfeasor is | | | | Indianabodily injury and property damage |
| uninsured. This is a distinct likelihood if | | | | liabilityNo25/50/10no |
| someone who is reckless, or who has a | | | | |
| drinking problem or who is driving with a | | | | Iowabodily injury and property damage |
| suspended license involves you in their | | | | liabilityNo20/40/15no |
| traffic habits. They caused you and your | | | | |
| passengers harm, but they have no insurance. | | | | Kansasbodily injury and property damage |
| You will be making your entire claim under | | | | liability, personal injury protectionYes25/50 |
| your UIM polity limits. | | | | 10yes |
| | | | |
| All too often, we have seen serious injuries | | | | Kentuckybodily injury and property damage |
| to individuals and their families receive | | | | liability, personal injury protectionNo25/50 |
| little or partial compensation because the | | | | 10yes |
| insured elected to "save money" by not | | | | |
| purchasing the maximum UIM coverage available | | | | Louisianabodily injury and property damage |
| to him. Purchase as much UIM coverage as you | | | | liabilityNo10/20/10no |
| can. | | | | |
| | | | Mainebodily injury and property damage |
| Be Honest | | | | liability, uninsured motoristYes50/100/25no |
| | | | |
| A word of caution in dealing with your | | | | Marylandbodily injury and property damage |
| insurance company: don't try to fool them on | | | | liability, uninsured and underinsured |
| any of the information requested, or by | | | | motoristYes20/40/15no |
| insuring only one driver for each of the | | | | |
| family vehicles. We have numerous cases | | | | Massachusettsbodily injury and property |
| holding that one family member is not covered | | | | damage liability, personal injury protection, |
| because he or she was not named as a driver | | | | uninsured motoristYes20/40/5yes |
| of another family vehicle. Questions of | | | | |
| whether the vehicle was "available for the | | | | Michiganbodily injury and property damage |
| regular use" of any individual are complex | | | | liability, personal injury protectionNo20/40 |
| issues, and history tells that you will lose. | | | | 10yes |
| Disclose the full number of drivers and you | | | | |
| will have the knowledge that you and family | | | | Minnesotabodily injury and property damage |
| members are covered. | | | | liability, personal injury protection, |
| | | | uninsured and underinsured motoristYes30/60 |
| The same thing pertains to marital status and | | | | 10yes |
| student status of children. Our | | | | |
| recommendation is to be honest in your | | | | Mississippibodily injury and property damage |
| application and in your relationship with | | | | liabilityNo10/20/5no |
| your company. The few dollars you "save" | | | | |
| otherwise will never be a bargain should you | | | | Missouribodily injury and property damage |
| loose out in the long run. A contract entered | | | | liability, uninsured motoristYes25/50/10no |
| into with materially fraudulent | | | | |
| representations can be voidable by the | | | | Montanabodily injury and property damage |
| company under some circumstances. | | | | liabilityNo25/50/10no |
| | | | |
| Table of Insurance Coverage Requirements, by | | | | Nebraskabodily injury and property damage |
| State | | | | liability, uninsured and underinsured |
| | | | motoristNo25/50/25no |
| Most states require that you have liability | | | | |
| insurance. This covers you when you're at | | | | Nevadabodily injury and property damage |
| fault in an accident. If you live in New | | | | liabilityNo15/30/10no |
| Hampshire, South Carolina, Tennessee or | | | | |
| Wisconsin, you aren't required by law (yet) | | | | New Hampshire |
| to have liability coverage. For the rest of | | | | |
| us, the mandatory coverage varies according | | | | Insurance not required; proof of financial |
| to state. In the chart below, minimum | | | | responsibility, medical payments, uninsured |
| liability limits are read as follows (in | | | | motoristYes25/50/25no |
| thousands of dollars): bodily injury | | | | |
| liability for one person in an accident | | | | New Jerseybodily injury and property damage |
| bodily injury liability for all people | | | | liability, personal injury protection, |
| injured in an accident/property damage | | | | uninsured motoristNo15/30/5yes |
| liability for one accident. | | | | |
| | | | New Mexicobodily injury and property damage |
| So, for Alabama, the minimum requirements are | | | | liabilityNo25/50/10no |
| $20,000 of bodily injury liability for one | | | | |
| person, $40,000 bodily injury liability for | | | | New Yorkbodily injury and property damage |
| all people and $10,000 property damage | | | | liability, uninsured motorist, personal |
| liability. | | | | injury protectionYes25/50/10yes |
| | | | |
| StateRequired coverage typesUninsured | | | | North Carolinabodily injury and property |
| Under-insured Motorist Coverage | | | | damage liabilityNo30/60/25no |
| Required?Minimum liability limitsNo fault? | | | | |
| | | | North Dakotabodily injury and property damage |
| Alabamabodily injury and property damage | | | | liability, personal injury protection, |
| liabilityNo20/40/10no | | | | uninsured and underinsured motoristYes25/50 |
| | | | 25yes |
| Alaskabodily injury and property damage | | | | |
| liabilityNo50/100/25no | | | | Ohiobodily injury and property damage |
| | | | liabilityNo12.5/25/7. |