What is the primary function of Uninsured/Underinsured Motorist coverage?

Uninsured/Underinsured Motorist (UM/UIM) coverage is designed specifically to protect insured individuals in the event they are involved in an accident with a driver who either does not have insurance or does not have sufficient insurance to cover the damages. In the case of an accident, if the responsible party is uninsured, this coverage ensures that the insured can still receive compensation for their injuries and damages, allowing them to recover without facing financial hardship resulting from someone else's lack of proper insurance.

This coverage is crucial because it fills the gap when the at-fault driver lacks insurance or when their insurance coverage is inadequate, providing an essential safety net for those who could be left vulnerable in such situations. It is a fundamental component of personal auto insurance policies, ensuring that motorists are not left without recourse in the event of an accident caused by another driver who neglects their insurance responsibilities.