Why New York Drivers Should Consider Uninsured/Underinsured Motorist Coverage

One risk often overlooked when driving in New York is the possibility of an accident with a driver who has little or no insurance. In such cases, uninsured/underinsured motorist coverage (UM/UIM) can help safeguard you from an unexpected financial burden.

Understanding Uninsured and Underinsured Motorist Coverage

Uninsured motorist (UM) coverage applies when you are involved in an accident with a driver who has no auto insurance or when the at-fault driver cannot be identified, such as in a hit-and-run situation.

Underinsured motorist (UIM) coverage applies when the at-fault driver has insurance, but their policy limits are not enough to fully cover your losses. In New York, while auto insurance is required by law, not every driver follows the rules or carries enough coverage to pay for severe accidents.

UM/UIM coverage can help pay for medical expenses related to injuries, hospital stays, follow-up treatment, and lost wages during recovery. Depending on the policy, it may also include repair and rehabilitation costs, as well as compensation for pain and suffering.

How to Add UM/UIM Coverage to Your Policy

Follow these steps to include UM/UIM coverage to your auto insurance policy:

• Review your current auto insurance policy to determine if uninsured and underinsured motorist coverage is already included.
• Identify any gaps in coverage or limits that may not fully address potential medical or repair costs.
• Reach out to Golden Insurance to discuss available UM/UIM coverage options.
• Request a quote for underinsured motorist coverage if it is not currently part of your policy.
• Compare coverage limits and costs to find a suitable option.
• Ask about adding the coverage through a policy update or endorsement.

Learn More

Don’t let someone else’s lack of coverage put your finances at risk. Contact Golden Insurance today for any questions about uninsured/underinsured motorist coverage or to request a personalized quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.