My Account 
Click to Call
Get DirectionsAt Tackett Insurance Inc. in Memphis, TN, many clients have asked us if they need uninsured motorist coverage on their auto insurance policies. We understand the desire to save as much money as possible, especially in today’s economy. However, we have found that this coverage has saved policyholders thousands in auto repairs, medical expenses, and legal costs.
With the cost of goods and services on the rise, there has also been an increase in drivers operating on the roadways without auto insurance. This is a dangerous, reckless, and inconsiderate act, but it is also a reality that we have to face if we are going to be on the road.
Uninsured Motorist Bodily Injury and Property Damage Coverages
Uninsured motorist (UM) coverage is a requirement by Tennessee law for all auto insurance policies written in the state unless policyholders sign a form opting out of the coverage. But why opt out of coverage that will cover you and your passengers medically if you are injured in an accident with an uninsured driver? This coverage is called uninsured motorist bodily injury coverage (UMBI). There is also uninsured motorist property damage coverage (UMPD) available for you if you are hit by an uninsured driver who pays for you to get your vehicle fixed (minus the deductible). Typically, uninsured motorist coverage will mirror your policy’s liability limits for bodily injury and property damage coverage. However, it will never exceed it.
Uninsured motorist coverage also covers you when you have been in a hit-and-run accidand you are unaware of who damaged your vehicle. Moreover, uninsured motorist coverage will help compensate you for lost wages, medical expenses, and damaged property. It also compensates you quickly, so you don’t have to take the uninsured driver to court before receiving compensation after an accident.
Give Us a Call Today!
For more information about an uninsured motorist policy, its benefits, and cost, call Tackett Insurance Inc. in Memphis, TN, at (662) 371-1100.