If I Have Health Insurance, Do I Need Uninsured Motorist Coverage?

Basics of Uninsured Motorist Coverage


Like most of us, you may be trying to think of new ways to save money on your insurance policies. If you have health insurance, you may think that you can go without uninsured motorist coverage. Here is what you should know.


Uninsured motorist coverage

Today, one in seven drivers have no car insurance whatsoever. In some areas of the country, that number is as high as one in five. If you happen to be in an accident with a motorist who has no insurance, and the other driver was at-fault for the accident, then you cannot make a claim through their insurance company – because there is no other company.


Although the other driver is still personally liable for any damages caused by the accident, they are unable to take responsibility for it if they have no insurance. Generally, those motorists who drive without car insurance are the types of people who do not have a lot of assets to seize in a lawsuit. This might make it impossible to claim compensation.


You could sue the uninsured at-fault driver, but it may not be worth it. If you have $500,000 in medical bill expenses and the other driver only has a net worth of $10,000, then you may never get the full amount owed to you.


This is where uninsured motorist coverage comes in handy. If the driver has no insurance, then your own uninsured motorist coverage can kick into effect. Your own uninsured motorist coverage can help to cover things like medical expenses such as vehicle repair costs and lost wages after an accident.


What does uninsured motorist insurance cover?

  • Uninsured motorist bodily injury coverage – Covers medical bills, lost wages, and other costs incurred by drivers and passengers during a collision with an insured motorist.
  • Uninsured motorist property damage coverage – Covers the cost of repairing any property, such as a vehicle, damaged by an uninsured motorist.


Do I need health insurance?

Health insurance and uninsured motorist insurance can cover some of the same things – like medical bills incurred as a result of an accident. However, health insurance may not cover all costs stemming from an accident, such as lost wages or pain and suffering. Uninsured motorist coverage will compensate these issues.


Ready to get started on uninsured motorist coverage? Not sure if you need it? We can help determine your needs. Call the professionals at Kneller Agency today to get started on quality coverage you can count on.

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