Insuring your car may feel expensive. As a car owner, you must buy liability coverage (if you strike another’s car). You can also select coverages to pay for repairs to your car, to cover towing charges, for medical expenses, and even the costs of a temporary rental car. A handy buying guide, “Insurance 101,” is available from the Ohio Department of Insurance. Ohio law requires that each driver carry minimum liability coverage of $25,000 per person; $50,000 per accident (25/50). But with all the choices and charges, you may be confused about whether to purchase uninsured motorist or underinsured motorist (UM/UIM) coverages too.
From our perspective, the answer is a strong “YES”. Uninsured/underinsured motorist coverage protects you and others in your car when another driver injures you but their insurance is insufficient to compensate you for your injuries, medical expenses, lost wages, and other losses. Continue reading