Make Sure you Have Good Car Insurance Coverage
Uninsured Motorist Coverage (UM/UIM) car insurance coverage comes into play when you are involved in an accident with a negligent driver who has no car insurance or does not have enough to cover your damages.
Your own car insurance company steps in to take the place of the insurance the other driver should have had. Car insurance policies typically provide UM/UIM insurance along with Liability insurance. Be sure your policy includes this coverage so you are taken care of in the event you are injured in an accident where the at-fault driver has little or no liability insurance to cover your damages.
If you drive an older vehicle, it is not imperative that you buy Collision or Comprehensive car insurance because these coverages are expensive and your car may not be worth repairing if you have an accident.
If you do decide to purchase Collision and Comprehensive, you can lower the cost by carrying a high deductible. You can choose to forgo the Medical Payments coverage if you have health insurance to pay your bills if you’re injured in an accident, but I wouldn’t recommend it since it also covers your passengers, as noted in the example, above.