Do I need UMPD coverage?
Your vehicle gets hit by an uninsured motorist or in a worst-case scenario, your car gets hit and run. Now you’re stuck alone with your damaged vehicle. A UMPD coverage will help you in this situation. UMPD stands for Uninsured Motorist Property Damage.
It will pay for the damages that is caused by an uninsured driver or if your car gets hit and run – though in some states it is required for the hit and run motorist to be identified first. It can also cover the costs left behind by an underinsured driver. Meaning, if the driver at fault’s insurance is used up, this coverage will pay for the remaining repair bills.
UMPD vs UMBI
*UMPD might be confused with UMBI which is the Uninsured Motorist Bodily Injury coverage. This coverage will only pay for the body injuries caused by the accident of an uninsured motorist but not for the damages made to your vehicle.
UMPD vs Collision coverage
A collision coverage can also pay for the damages made to your vehicle by an uninsured motorist. They’re generally the same thing only that the UMPD is a lot more inexpensive than a collision coverage. If it is not required in your state to have a UMPD and if you already have a collision coverage, it would be in your best interest to not get one anymore. But if you don’t have both and your vehicle gets damaged by an uninsured driver, the only choice you can make is to sue the driver.
UMPD Rules and Laws
Although UMPD is not available in all states, UMPD can be required in some, optional to others and must be offered unless specifically rejected in some. The rules for a UMPD policy vary by state. And what UMPD covers or does not cover also varies by policy. Certain restrictions and deductibles may be applied. For example, some UMPD policies will not pay for the damage caused by a hit and run driver if the driver cannot be found or identified.
UMPD coverage would usually only pay up only to the value of your vehicle. So, if your car isn’t worth much, it might be in your best interest not to get one anymore. UMPD may not be always necessary, depending on your existing coverage, but it can be a valuable asset in certain circumstances.
If you have more questions about UMPD and collision coverage policies, contact us. At Sameday Insurance, our mission is to ensure that we protect are clients and offer them policies that they can afford. Learn more about our products and services by calling our agency at (888) 750-9775 . You can also request for a free quote by clicking here.
Tags: Car Insurance