Uninsured & Underinsured Motorist Coverage in Minneapolis MN & St. Paul MN
When driving in Minnesota, understanding your auto insurance options is crucial for protecting yourself against potential financial losses. Minnesota requires all residents who drive to maintain minimum amounts of auto liability and personal injury protection (PIP) insurance.
Auto liability coverage may help cover third-party accident-related medical expenses and property damage if you are at fault in an accident. PIP coverage may help pay for your medical expenses if you or your passengers sustain injuries in an accident, regardless of who is at fault. PIP limits are typically low and shouldn’t be relied on to cover 100% of your accident-related injuries and the associated expenses.
Minnesota also requires coverage for uninsured/underinsured motorists (UM/UIM) to protect against injuries. This policy can help provide critical protection in an accident involving an uninsured driver or one who lacks adequate insurance.
What Does UM/UIM Coverage Include?
In Minnesota, uninsured and underinsured motorist coverage may help cover the following, up to the policy’s dollar limits:
- Medical expenses for injuries sustained in an accident, including hospital visits, rehabilitation and ongoing treatment
- Lost wages due to injuries that prevent you from working
- Pain and suffering or emotional distress resulting from the accident
- Loss of future earning capacity if you can no longer work the same job
UM/UIM does not cover the following:
- Damage to your vehicle, although coverage may be available as an add-on
- Punitive damages to the responsible party
Your agent can help you choose appropriate coverage limits for Minnesota UM/UIM policies. They may recommend having coverage that aligns with your assets and potential medical costs.
Learn More
In a state where the risk of encountering an uninsured driver is high, having UM/UIM coverage can provide peace of mind and financial security in case of an accident.
Contact Abbott Insurance in Minneapolis, Minnesota, for a personalized auto insurance quote.
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