So, the questions is.... Do I need Uninsured Motorist Insurance in South Carolina? The short answer is yes! It is required by law and there is a great reason for it being required. Here at Midlands Insurance Center http://midlandsinsurancecenter.com/ in Lexington South Carolina, we offer great coverage limits that meet the state requirements.
In some states, Uninsured drivers have increased by more than 100 percent from the previous year. It is a very concerning statistic.
Number of Uninsured Drivers Increases as Rates Rise 5.9% in H1 2023Number of Uninsured Drivers Increases as Rates Rise 5.9% in H1 2023 (iamagazine.com)
Yes, you need Uninsured Motorist (UM) insurance in South Carolina. It is required by law for all drivers. UM coverage protects you and your passengers if you are injured or killed in an accident caused by an uninsured or underinsured driver.
What is Uninsured Motorist insurance?
UM insurance is a type of auto insurance that pays for your medical expenses, lost wages, and other damages if you are hit by a driver who does not have insurance or does not have enough insurance to cover your losses.
Why is UM insurance important?
One in eight drivers in South Carolina is uninsured. This means that there is a good chance that you will be involved in an accident with an uninsured driver at some point in your life. Without UM insurance, you would be responsible for paying all of your own expenses, which could be devastating.
How much UM coverage do I need?
South Carolina law requires all drivers to have UM coverage equal to the minimum limits of liability coverage, which are $25,000 per person for bodily injury and $50,000 per accident for bodily injury. However, experts recommend that you purchase higher limits of UM coverage, especially if you have a family or own assets.
How much does UM insurance cost?
The cost of UM insurance varies depending on your insurance company and other factors, such as your driving record and the type of car you drive. However, UM insurance is relatively inexpensive, especially compared to the cost of paying for your own expenses after an accident.
Should I buy Underinsured Motorist (UIM) insurance in addition to UM insurance?
UIM insurance protects you and your passengers if you are injured or killed in an accident caused by a driver who has insurance, but not enough insurance to cover your losses. UIM insurance is not required by law in South Carolina, but it is a good idea to have, especially if you have a lot of assets.
UM insurance is an important type of auto insurance that can protect you and your family from financial hardship if you are involved in an accident with an uninsured or underinsured driver. It is relatively inexpensive and is required by law in South Carolina. If you do not have UM insurance, you should contact David Bryant at Midlands Insurance Center today 803-957-3311 to purchase it or just stop in Midlands Insurance Center located at 339 W Butler Street, Lexington, SC 29072 for a free quote.