Why You Need Supplemental Uninsured / Underinsured Motorists Coverage

Paying insurance is often considered a nuisance and something most don’t give enough thought to. While no one wants to think of the day they are involved in an accident, it is best to think about it before it happens. This way you can take the proper steps to protect yourself.

New York requires that all motorists insured in the State have supplemental uninsured / underinsured coverage. This type of coverage protects you in case of an accident with an uninsured or underinsured vehicle. Additionally, this type of coverage protects you as a pedestrian if you are hit by a vehicle that flees the scene. Depending on the severity of an accident, recovery can be long and expensive. It is important that you and your family are protected.

Many are not even aware of this coverage as most insurance companies downplay its importance, largely because it doesn’t make them much money but can cost them quite a bit. In NYS, minimum liability limits for SUM are $25,000 per person / $50,000 per incident. To protect yourself, get the highest limit on this type of coverage. Maxing out on this insurance typically costs under $50 per year!

If you have any questions or have been involved in an accident with an uninsured / underinsured motorist, give us a call at 212.366.4600.