{"id":251,"date":"2025-09-30T04:00:00","date_gmt":"2025-09-30T10:00:00","guid":{"rendered":"https:\/\/www.jimboyceinsurance.com\/blog\/?p=251"},"modified":"2025-09-11T15:16:54","modified_gmt":"2025-09-11T21:16:54","slug":"why-you-need-underinsured-uninsured-auto-insurance-coverage","status":"publish","type":"post","link":"https:\/\/www.jimboyceinsurance.com\/blog\/why-you-need-underinsured-uninsured-auto-insurance-coverage\/","title":{"rendered":"Why You Need Underinsured\/Uninsured Auto Insurance Coverage"},"content":{"rendered":"

Although all drivers in Matthews, NC, are legally required to carry auto insurance, not everyone complies. North Carolina is one of the states that mandates all policies include uninsured\/underinsured motorist (UM\/UIM) coverage. Some people may wonder why this coverage is essential, especially when the incidence of uninsured motorists in the state ranges from 7.4% to 11.8%, according to the Insurance Information Institute. Jim Boyce Insurance is here to help you understand this critical part of your policy.<\/p>\n

Why UM\/UIM Coverage Is Required<\/h2>\n

UM\/UIM coverage pays for medical bills and vehicle damage if you’re involved in an accident with a driver who has no insurance, insufficient insurance, or if you encounter a hit-and-run driver who cannot be identified. Underinsured drivers may have some insurance, but their coverage may not be enough to cover the costs of a severe accident. Many motorists opt for minimal liability limits to save money. Still, these limits often fall short when medical expenses reach hundreds of thousands of dollars or when expensive vehicles are totaled.<\/p>\n

What North Carolina Requires<\/h2>\n

North Carolina recently increased the minimum requirements for UM\/UIM coverage. State law now mandates a minimum of $50,000 per person and $100,000 per accident for injuries. The minimum for property damage is $50,000. Your policy should include UM\/UIM coverage equal to or greater than your own liability coverage to ensure adequate protection.<\/p>\n

The Importance of UM\/UIM Coverage<\/h2>\n

UM\/UIM coverage acts as a safety net and extends protection to passengers in your vehicle. This coverage is especially beneficial for individuals without health insurance or those with high-deductible health plans. Without UM\/UIM coverage, you and your passengers could face significant financial burdens from medical bills and property damage.<\/p>\n

Let Jim Boyce Insurance help you select an auto insurance policy with sufficient limits to protect your health and financial investment. Contact our Matthews, NC office today to schedule an appointment and learn more about your options.<\/p>\n","protected":false},"excerpt":{"rendered":"

Although all drivers in Matthews, NC, are legally required to carry auto insurance, not everyone complies. North Carolina is one of the states that mandates all policies include uninsured\/underinsured motorist (UM\/UIM) coverage. Some people may wonder why this coverage is essential, especially when the incidence of uninsured motorists in the state ranges from 7.4% to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,20,5,11],"class_list":["post-251","post","type-post","status-publish","format-standard","hentry","category-auto-insurance","tag-auto","tag-insurance","tag-jim-boyce-insurance","tag-matthews-nc"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t