Monthly Archives: September 2014

Understanding UM/UIM Coverage in Wisconsin – Making sure you are adequately protected.

In order to appreciate the benefits of UM/UIM coverage, it’s essential to understand the different types of coverage available to motorists.

Uninsured/Underinsured (UM/UIM) Motorist Coverage: These policies are intended to cover the medical bills, pain and suffering and wage loss claims incurred by the victim and their passengers, from an accident in which the at-fault driver either didn’t carry any liability insurance or who’s policy limits were insufficient to cover all of your related losses. In addition, uninsured coverage also includes “phantom vehicles”, or those that cause injury or property damage without making physical contact. In short, this insurance protects you and your family against injury caused by other drivers. Wisconsin law requires drivers to carry a minimum of $25,000 per person and $50,000 per accident in uninsured (UM) coverage. Although underinsured (UIM) coverage is considered optional, it is recommended that drivers carry a minimum of $50,000 per person and $100,000 per accident. It is recommended that drivers carry the same amount of UM coverage as well.

Liability (Bodily Injury) Insurance Coverage: This type of insurance coverage is required by …
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