If you watch any television it is hard not to be bombarded with advertisements trying to sell cheap insurance. With just about any product, you get what you pay for. In Kentucky, minimum coverage car insurance is $25,000.00 for one person’s injury, with a total of $50,000.00 of coverage for all injuries stemming from one accident. So that means no one person could ever receive more than $25,000.00 from the at-fault person’s insurance company. With a 25/50 policy the legal minimum of insurance is met, but what happens if you are involved in an accident and the other driver has a minimum coverage policy? What happens if your medical bills are in excess of $25,000.00? The answer is simple: protect yourself with Underinsured motorist coverage (UIM).
Most insurance providers offer UIM coverage. If your damages exceed the amount of coverage ($25,000.00 for a minimum policy) then UIM will apply. Most insurance providers also offer Uninsured motorist coverage (UM) in case the at-fault person has no insurance. Therefore, you can still recover money for your medical bills and other damages even if the at-fault driver is either minimally insured or not insured at all.