Auto Insurance - Uninsured motorists are on the rise leaving everyone on the roads at risk. Is your existing auto insurance policy enough?
Online PR News – 08-September-2009 – – Uninsured motorists are on the rise leaving everyone on the roads at risk. In 2007, it was estimated that 23% of all drivers on the road were uninsured. This number has been dramatically increasing over the past year due to the wide spread economy crisis. The unemployment rates are sky rocketing leaving many unable to pay their bills. A roof over your family’s head and food on the table is top priority with auto insurance usually being much lower on the list.
It is illegal in the United States not to carry automobile insurance, however almost half of us are driving around without it. All of us are at risk of an uninsured accident taking a massive toll on our pockets. Most Americans only purchase the minimum possible coverage in order to legally drive on the roads. These simple insurance policies usually provide property damage, personal injury protection, and a term life insurance policy. This means that if you are in an accident your insurance company will take care of any damaged property including vehicles, structures, etc. They will also handle your medical bills if you are injured in the accident. Most of the top insurance companies also offer a term life insurance policy to their customers. The typical payout is between $10,000.00 and $25,000.00 and is paid in one lump sum to your next of kin in the event of your death.
The basic insurance coverage will take care of most of your problems, but not all of them. Uninsured motorist insurance is very important and many people are not covered by it. Uninsured motorist protection will take care of you in the case of an accident with an uninsured motorist. When you are in an accident your insurance company and their insurance company get together and make a deal. In the case of an uninsured accident only one insurance company is available for negotiations usually leaving you to foot the bill. The only way to receive any retribution from your pain is to take them to claims court and wait for the outcome. In many cases the uninsured driver is unable to afford the repairs and you are left out of luck.
Don’t become a statistic and protect yourself and your family with auto insurance. Auto insurance is affordable and easy to purchase. You can visit http://www.insurance-auto-insurance-health-insurance.com right now and simply type in your zip code to receive competitive quotes from the top rated insurance companies in the country. It’s fast and easy and will save you money.