Understanding UM/UIM Coverage in Tennessee Uninsured Motorist (UM) and Underinsured Motorist (UIM) coverages are crucial parts of auto insurance in Tennessee.
They protect you financially if you’re involved in an accident with a driver who either doesn’t have insurance or doesn’t have enough insurance.
What UM/UIM Covers
Medical Expenses: Hospital bills, rehabilitation, and related healthcare costs.
Lost Wages: Income you lose if injuries prevent you from working.
Pain and Suffering: Compensation for physical pain and emotional distress.
Property Damage: Damage to your vehicle, depending on your policy.
Why UM/UIM is ImportantÂ
Nearly 20% of drivers in Tennessee drive without insurance, which is higher than the national average. Even drivers who have insurance often only carry the state’s minimum limits ($25,000 per person/$50,000 per accident for bodily injury, and $15,000 for property damage). These minimum amounts often fall short in serious accidents.
UM/UIM coverage ensures you’re not left financially burdened by another driver’s lack of adequate insurance. It acts as a safety net, protecting you from significant out-of-pocket expenses and helping you recover financially after an accident.
Legal Requirements
Tennessee law requires insurance companies to offer UM/UIM coverage equal to your liability limits, but purchasing it is optional. If you decide not to include this coverage, you must officially decline it in writing.
Tips for Choosing Coverage
It’s usually wise to select UM/UIM limits that match your liability coverage limits.
Tennessee typically doesn’t allow “stacking” of UM/UIM coverage, meaning you can’t combine coverage from multiple vehicles to increase limits. Be sure to choose appropriate coverage limits for each vehicle on your policy.
What to Do in a Hit-and-Run Accident
If you’re involved in a hit-and-run, immediately contact the police and file a report. Document any evidence and gather witness information. Notify your insurance company promptly to initiate a UM claim.
In short, UM/UIM coverage provides peace of mind and financial security, making it an essential consideration for every driver in Tennessee.
(PHOTO: Caleb Meriwether – Haven Insurance Partners)
