Uninsured Motorist Coverage in Georgia: What You Need to Know

Auto accidents are an unfortunate reality on Georgia’s roads. Georgia requires all drivers to have liability insurance coverage. While most drivers are conscientious about carrying adequate insurance, some do not have sufficient (or any) coverage for the damages they cause. This is where uninsured motorist (UM) and underinsured motorist (UIM) coverage come into play. These types of insurance are crucial in protecting victims when the at-fault driver lacks adequate insurance. Understanding how UM and UIM coverage work in Georgia can help you make informed decisions about your auto insurance policy and ensure that you are fully protected in the event of an accident. The Macon personal injury attorneys at The Law Offices of Buzzell, Welsh & Hill are here to assist you if you are injured in an accident with an uninsured or underinsured driver.

What Is Uninsured/Underinsured Motorist Coverage?

Uninsured motorist (UM) coverage is a type of auto insurance that protects you if you are involved in an accident with a driver without insurance. Underinsured motorist (UIM) coverage, on the other hand, applies when the at-fault driver has insurance, but their policy limits are insufficient to cover the full extent of the damages. Both UM and UIM coverage are designed to step in and pay for medical expenses, lost wages, pain and suffering, and other damages when the responsible party cannot.

In Georgia, insurance companies are required to offer UM/UIM coverage to their policyholders, although drivers can choose to decline this coverage. Given the significant financial risks posed by uninsured or underinsured drivers, carrying this type of coverage is advisable.

The Prevalence of Uninsured and Underinsured Drivers in Georgia

The importance of UM/UIM coverage is underscored by the number of uninsured and underinsured drivers on the road. According to the Insurance Research Council, approximately 12% of drivers in Georgia are uninsured. This figure does not account for the many more who are underinsured—those who carry only the minimum required liability coverage, which often falls short in the event of a serious accident.

Georgia law requires drivers to carry a minimum of $25,000 per person and $50,000 per accident for bodily injury liability, as well as $25,000 for property damage. While this may seem sufficient, not all drivers follow the law. Also, the costs associated with a severe accident—especially those involving extensive injuries or multiple vehicles—can quickly exceed the minimum limits. If the at-fault driver’s insurance does not cover the full extent of your losses, UM/UIM coverage can make up the difference, ensuring that you are not left to shoulder the financial burden alone.

Why UM/UIM Coverage Is Important

The financial impact of an auto accident can be devastating, especially if you suffer serious injuries that require extensive medical treatment or result in long-term disability. Without UM/UIM coverage, you could be left with significant out-of-pocket expenses, particularly if the at-fault driver has little or no insurance. This coverage ensures that you have a financial safety net in place, allowing you to focus on recovery without the added stress of financial uncertainty.

In addition to covering medical expenses and lost wages, UM/UIM coverage may also compensate you for pain and suffering, lost wages, and other expenses, which may not be fully covered by the at-fault driver’s insurance.

Choosing the Right Coverage

When selecting UM/UIM coverage, it’s important to consider the potential risks you face on the road. While Georgia’s minimum liability requirements provide a baseline level of protection, they may not be sufficient in the event of a serious accident. Consider opting for higher UM/UIM limits and add-on coverage to ensure that you are fully protected, regardless of the circumstances.

It’s also wise to regularly review your policy with your insurance agent to ensure that your coverage aligns with your needs and financial situation. As your assets and income grow, you may want to increase your UM/UIM coverage.

Contact The Law Offices of Buzzell, Welsh & Hill

Uninsured and underinsured motorist coverage is a critical component of a comprehensive auto insurance policy in Georgia. Given the number of drivers who lack sufficient insurance, carrying UM/UIM coverage provides essential protection in the event of an accident. This coverage safeguards your financial well-being and offers peace of mind, knowing that you are prepared for the unexpected.

If you’ve been involved in an accident with an uninsured or underinsured driver, it’s important to seek legal advice to understand your rights and options. The attorneys at The Law Offices of Buzzell, Welsh & Hill are experienced in handling UM/UIM claims and can help you navigate the complexities of your case. Contact us today to schedule a consultation and ensure you receive the compensation you deserve.

Sources:

codes.findlaw.com/ga/title-33-insurance/ga-code-sect-33-7-11

https://financebuzz.com/uninsured-motorist-statistics-by-state