The Importance of Sum Insurance Coverage

The Importance of Sum Insurance Coverage

Typically when you obtain insurance coverage you are concerned with obtaining Coverage to protect your vehicle and to protect your assets in case you are sued.  An often overlooked Coverage and one that anyone driving a motor vehicle must focus on is SUM coverage which stands for Supplemental Uninsured/Underinsured motorist insurance coverage.  This type of coverage protects you and your passengers if you are involved in an accident with a driver who is uninsured or underinsured.

Uninsured motorist coverage protects you and your passengers if you are hit by a vehicle that does not have insurance or flees the scene of the accident.  When you purchase insurance you automatically have uninsured motorist coverage in the amount o$25,000 per person and a total of $50,000 per accident.  However, you should purchase more insurance as this will not be enough if you or anyone in your car sustained serious injuries in the accident.

Underinsured motorist coverage protects you and your passengers as well.  In the event that the vehicle that hit you had insufficient coverage to properly compensate you or your passengers for injuries and you have purchased underinsurance coverage in an amount that exceeds the other drivers coverage, you and the occupants will be able to pursue recovery for the value of the injuries up to the available coverage, less the amount of compensation you have received from the vehicle that hit you.

SUM coverage provides extra protection and having sufficient SUM Coverage will help bridge the gap if you are involved in an accident with a driver who has not been socially responsible in purchasing sufficient insurance coverage.  In addition, this additional coverage is not expensive.  Check with your company for the cost right away and protect yourself, your family and the occupants of your vehicle.

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