Question 1

Are Uninsured Motorist Insurance and Underinsurance Motorist Insurance the Same Thing?

Accepted Answer

Although they are similar, they are not the same types of insurance. Both types of insurance protect you when someone causes an accident and doesn’t have insurance, or doesn’t carry enough insurance, to pay for the damages and medical costs.
The good thing is that Underinsured and Uninsured Motorist Insurance coverage are paired together and are not charged as two separate add-ons. They are packaged as an additional add-on package to your insurance coverage.

Question 2

What Is Uninsured Motorist Insurance?

Accepted Answer

Uninsured Motorist Insurance covers you when involved in an accident with another vehicle that doesn’t any insurance coverage. This, of course, is illegal in the state of Illinois, but it still occurs. Uninsured Motorist Insurance would also cover you in the event that you are a victim of a hit and run accident where you may not necessarily know who the at-fault party is.

Question 3

What is Underinsured Motorist Insurance?

Accepted Answer

Underinsured Motorist Insurance is insurance designed to protect you when the driver that caused a collision does not carry enough insurance. Suppose they carry the minimal amount of insurance, which is $25,000. In that case, that amount is often not enough to cover your vehicle damages and the cost of healthcare resulting from injuries from the accident. As a victim, if the other motorist is underinsured, the maximum their insurance company will pay to you would be $25,000. Underinsured Motorist Insurance protects you and adds additional coverage to cover your expenses.

Question 4

What Amount Of Uninsured Motorist Insurance Is Recommended To Be Safe?

Accepted Answer

The minimum amount required for Uninsured Motorist Insurance in the state of Illinois covers up to $25,000 per person. As you can imagine, that amount is dangerously low considering the cost of replacement vehicles and/or health care. As a professional law firm, we recommend a minimum coverage of $100,000 per person.

Question 5

What Does Uninsured and Underinsured Motorist Insurance Cost?

Accepted Answer

The cost of the additional insurance is very minimal, but the peace of mind in knowing that you have covered yourself against a possible issue is worth much more. Knowing that you are fully covered in the event of an accident with an uninsured or underinsured driver is one less thing to worry about.
Since 1996, the Law Offices of Shuman Legal have been helping Car Accident victims, all injured victims and their families, navigate the complex legal process. We are experienced personal injury, worker’s compensation, and Chicago wrongful death lawyers, and we can help you evaluate the facts, assess your options, navigate the legal challenges, and advocate on your behalf.
Shuman Legal has over 77 combined years of experience advocating for over 20,000 injury victims and their families and recovering over 50 million dollars on their behalf. We advocate on your behalf, so you can focus on the task of recovery.

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