UMMM… What’s UM Coverage? Why Uninsured Motorist Protection Matters in Colorado

Ever heard of “UMMM” coverage? Well, it’s not quite as tasty as it sounds, but UM (Uninsured Motorist) coverage is a crucial part of your auto insurance policy. And it’s something you might want to think twice about if you drive in Colorado, where 16.3% of drivers were uninsured in 2019. That’s right—16% of the time, the at-fault driver in a car accident might not have liability insurance. That 1 in 6 drivers has ZERO insurance coverage. Ouch!

What Is Uninsured Motorist (UM) Coverage?

Uninsured Motorist (UM) coverage is designed to protect you if you’re in an accident caused by a driver without insurance or one who doesn’t have enough insurance. If you’re injured and the at-fault driver can’t pay, UM coverage steps in. It helps cover costs like medical expenses, lost wages, and even pain and suffering.

You might be thinking, “But I already have medical insurance—do I really need UM coverage?” The answer is yes! While medical insurance covers your immediate healthcare needs, UM coverage goes beyond that. It can help cover expenses that medical insurance doesn’t, like lost wages, long-term rehabilitation, therapy, pain and suffering and other non-medical expenses resulting from an accident. Plus, UM coverage helps pay for co-pays and deductibles that your health insurance might not cover, giving you more complete protection after an accident.

The Difference Between UM Coverage and Med Pay

Now, you might be thinking, “Wait, don’t I have Med Pay for medical bills?” Yes, but there’s a key
difference. Med Pay helps cover your immediate medical bills after an accident, regardless of who’s at fault. It’s great for initial care, but UM coverage is more comprehensive. It covers lost wages, ongoing therapy, and other long-term costs, especially when the other driver can’t pay.

What About Uninsured Motorist Property Damage (UMPD)?

Here’s an important detail for Colorado drivers: While Uninsured Motorist Property Damage (UMPD) is available in Colorado, can only be added to the policy if you don’t carry collision coverage. UMPD covers physical damage to your vehicle if an uninsured driver is at fault in an accident. However, if you already have collision coverage, it will handle repairs or replacement of your vehicle regardless of who caused the accident. So, while UM coverage helps with medical expenses and lost wages, having either UMPD or collision coverage ensures your vehicle is protected in case of an accident with an uninsured or underinsured driver.

Is UM Coverage Really Necessary?

While Colorado doesn’t require UM coverage, it’s highly recommended. For the amount of protection it offers, UM coverage is relatively inexpensive, making it an affordable way to safeguard yourself in case the unexpected happens. Think of it as a safety net that ensures you’re not left financially vulnerable if you’re in an accident with an uninsured or underinsured driver.

Review and Verify Your Coverage

Not sure if you have UM coverage or need to add it? Reach out to us today, and we’ll review your policy to make sure you’re properly covered in case the unexpected happens. We’re here to help you understand your options and make any necessary adjustments. Already a client? You can always check your existing coverages and make changes through our Client Center—it’s a quick and easy way to manage your policy.

So, while “UMMM” coverage might make you hungry for answers, Uninsured Motorist coverage is something you don’t want to skip. In a state where nearly 1 in 6 drivers is uninsured, UM coverage can offer the peace of mind that you’ll be covered no matter who’s on the road with you.

For more info on UM coverage and why it matters, check out this helpful guide.