Uninsured/ Underinsured Motorist Coverage...Myth or Mystery

#Uninsured/ Underinsured #coverage is one of the most #misunderstood coverages on an #automobile policy. It is so misunderstood that it approaches "Myth" status. It seems to be a "Mystery" since #agents seldom explain it. In my opinion, it is the second most important coverage of your auto insurance. It Protects you in the event that the driver of the other car ( who has hit you and it is their fault) has NO #liability insurance or has to little liability insurance to cover all of your medical bills, lost income, pain and suffering, and more. If this case occurs then YOUR own #uninsured/ underinsured motorist coverage will kick in to make you whole but only up to the limits of your policy. There is one level of coverage that could prove to be a pitfall in your policy, if your UM/UIM coverage is the lowest coverage, 15/30, then the only time your policy will pay anything is if the "at fault" driver has NO Bodily Injury Liability coverage at all
     It is highly recommended that your UM/UIM coverage be equal to your Bodily Injury Liability coverage limits. UM/UIM coverage can not be higher than your Bodily Injury Liability in most, if not all, cases. If your Agent has not discussed this with you and recommended that the coverages be equal, you should RUN, not walk, but run and find an Agent that will explain every aspect of your policy to you so that YOU can make your own Wise, Intelligent, Informed decisions. If your agent did not tell you about this, what else has he or she neglected to tell you about?
    Remember, When you Saddle Up with The Insurance Cowboy, you'll never ride alone!!.