Uninsured motorist (UM) coverage is a type of car insurance that protects you if you’re involved in an accident with a driver who doesn’t have insurance. In Oklahoma, UM coverage steps in to pay for your medical expenses when the at-fault driver lacks sufficient insurance to cover your losses.
This coverage ensures that you’re not left financially stranded after an accident caused by an uninsured or underinsured driver.
Why is uninsured motorist coverage important in Oklahoma?
Oklahoma has a high number of uninsured drivers on the road. If you get into an accident with one of these drivers and don’t have UM coverage, you could be left to pay for all the damages out of your pocket.
Even if the other driver has some insurance, it may not be enough to cover the full extent of your injuries and damages. UM coverage acts as a safety net, giving you peace of mind and financial protection.
What does uninsured motorist coverage include?
UM coverage typically includes payment for medical bills, pain and suffering, lost wages, and even loss of life resulting from the accident. It can also cover ongoing rehabilitation costs and future medical expenses related to the injury. This coverage is vital because it ensures you receive compensation even if the at-fault driver cannot pay.
Is uninsured motorist coverage mandatory in Oklahoma?
In Oklahoma, insurance companies must offer UM coverage when you purchase an auto insurance policy, but you are not legally required to buy it. However, rejecting this coverage could leave you vulnerable if you’re involved in an accident with an uninsured or underinsured driver. Choosing to include UM coverage in your policy is a wise decision to protect yourself from financial hardship after an accident.
Uninsured motorist coverage serves as a critical layer of protection on the roads of Oklahoma. Making informed decisions about your insurance coverage can significantly impact your financial security and peace of mind, especially when the unexpected happens.
