Why you want as much Underinsured Motorist Coverage as you can possibly afford
Nobody but insurance agents likes talking about insurance but in this modern world it’s a necessity. Here’s a scary fact: The majority of drivers in North Carolina carry the North Carolina minimum liability limits of $30,000. If a person with that coverage runs you over and ruins your life, the chances of you getting anything more than $30,000 from them are pretty darn slim. So how can you avoid this nightmare? I can’t believe I’m writing this but BUY MORE INSURANCE!
What you really want is as much “Underinsured Motorist” (or UIM as we call it) coverage as you can get. What that coverage does is it helps to cover you against losses that are over and above the policy limits of another driver. So in the example above, if the bad guy only has a $30k policy, that might be all you can get from him/his carrier, but if you have let’s say $100k UIM coverage, then you have access to an extra $70k (the difference between the two coverages).
This becomes more an more important the more catastrophic your injuries from an accident are. In the above example, will $100k in total coverage do if you lost a leg? I think my leg is worth more than $100k, for sure, and I bet you think yours is, too.
Talk to your insurance agent about this and get as much UIM as you can manage. You may never use it, but you’ll sleep better knowing you have it, and you’ll darn sure be happy you have it in case you do need it.
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