We have alway gotten the uninsured motorist coverage. Is it really necessary if we have collision, comprehensive, liability coverage?
I typically recommend it for a couple of reasons.
Uninsured motorist coverage will cover you if someone hits you and they do not have insurance or if you are in a hit and run with a police report. The benefit of having this coverage is having your injuries covered if you are hurt in this type of accident. When it comes to your car, you will typically pay a cheaper deductible (if any at all). The other benefit is the accident will be shown as a not-at-fault accident which will not impact your rates as much as an at-fault accident. Your collision coverage would cover the damages to your vehicle if someone hits you without insurance but your full deductible would apply and it would go on to your record as an at-fault accident. This would impact your rates for up to five years. It’s really up to you but there are many drivers in Georgia that are uninsured so it’s not a bad idea to keep the coverage. Good luck and if you have any other questions, don’t hesitate to ask.
Also, you should consider the number of uninsured drivers in your state. In Georgia, about 12% of drivers are uninsured – about average with rest of the US.