In the past, the Insurance Research Council found that one in six drivers in the country are without insurance. With the economic issues that have struck the country, it is expected that those numbers have grown. Based on current unemployment rate projections, the percentage of uninsured motorists has risen from 13.8 in 2007 to 16.1 in 2010.
In 2007, the five states with the highest uninsured driver estimates were New Mexico (29 percent), Mississippi (28 percent), Alabama (26 percent), Oklahoma (24 percent), and Florida (23 percent). The five states with the lowest uninsured driver estimates were Massachusetts (1 percent), Maine (4 percent), North Dakota (5 percent), New York (5 percent), and Vermont (6 percent).
What do these numbers mean for you and your family? It means that if any of you are in an accident, there is a higher possibility that it will be with a driver who is uninsured. This would mean no coverage for the injuries except for the insurance that you purchased. It is imperative that you review what your UM and UIM coverage is. Keep in mind that if you have more than one car on your policy that you can stack your no fault coverages.
It is too late after an accident to find out that you didn't protect yourself. Most coverage increases aren't that much compared to the extra protection they provide.
A founding partner with Bradshaw & Bryant, Mike Bryant has always fought to find justice for his clients—knowing that legal troubles, both personal injury and criminal, can be devastating for a family. Voted a Top 40 Personal Injury "Super Lawyer" multiple years, Mr. Bryant has also been voted one of the Top 100 Minnesota "Super Lawyers" four times.