Purpose
The Authority of Georgia requires that all drivers cache liability insurance. But, not Each obeys the code, and not every polity requires Car insurance.Georgia requires that all drivers keep going liability insurance, however not Each obeys the edict.Uninsured Motorist Coverage insures a Chauffeur against damages caused by another motorist who does not get liability insurance or does not compass Sufficiently insurance. It is meant to shop for medical and Belongings repair costs so that injured drivers are not chargeable for paying those costs themselves.Whether an uninsured Chauffeur causes an accident resulting in damage or injury to another assemblage, that Chauffeur Testament be held criminally liable for his or her absence of insurance. Nevertheless, without Uninsured Motorist Coverage, the injured troop has no recourse on the other hand to sue for damages in civil court. This can catching generation and coinage. There is no warrantly that the at-fault Chauffeur has the income to recompense any damages awarded.
Potential Costs
As with any accident, a collision with an uninsured troop can aftereffect in personal injury and Belongings damage. The injured may incur costs associated with medical bother, prescriptions, loss of attempt or still permanent disability or darkness. Health concern insurance may not shop for injuries sustained in an vehivle accident. Damaged vehicles have need repair, and the Chauffeur may longing to rent a machine while his or her vehicle is existence serviced. Without Uninsured Motorist Coverage, all costs must be borne by the injured class.
Insurers
Uninsured Motorist Coverage is issued by a person's own insurance company. That person purchases the insurance and pays the premium. The insurer pays only if an accident is caused by another driver and if that driver does not have insurance or does not have enough insurance to cover the damages. Insurers are now required to offer this coverage along with liability insurance. Uninsured Motorist Coverage is optional, but a policyholder must refuse the coverage in writing if he or she does not want to purchase it.
Underinsured Motorists Before 2009
Uninsured Motorist Coverage may also be used if the costs of an accident exceed the amount of the at-fault driver's insurance. In this case, the at-fault driver is said to be "underinsured," meaning the at-fault driver does not have enough insurance to cover all of the other driver's damages. Prior to January 1, 2009, only the portion of Uninsured Motorist Coverage that exceeded the at-fault driver's liability coverage could be used. For instance, if the at-fault driver had $50,000 in liability coverage and the injured driver had $50,000 in Uninsured Motorist Coverage; no expenses would be covered by the injured driver's policy. The total coverage would be $50,000.
Underinsured Motorists as of January 2009
As of January 1, 2009, the amount of Uninsured Motorist Coverage can be added to the amount of the at-fault driver's liability policy. So, in the previous example, the $50,000 in liability coverage would be added to the $50,000 in Uninsured Motorist Coverage, resulting in total coverage of $100,000. This is often referred to as "stacking" coverage. This provision was signed into law by Governor Purdue. At the time of signing, 23 other states already had similar laws.
