One of the least understood and, therefore, overlooked options for automobile insurance is the one that provides uninsured and underinsured liability coverage. It is listed on the policy declarations page under the heading “UM/SUM.” Uninsured Motorist coverage “UM” is mandated by New York State. It protects the driver and passengers of a vehicle who are …
UMmmm . . . SUM Auto Insurance Policies are Better Than Others Read More »
Get into an accident with a rental car? Recent federal law, which preempts New York’s vicarious liability law, insulates the Herz, Avis and Dollars of the world from any liability for the negligence of the rental car driver. To add insult to injury, the rental companies are only required to carry $25,000 in coverage on their vehicles. Add that …
…a couple of more reasons to buy SUM coverage on your auto policy Read More »
It happens oh so frequently. I meet a recent accident victim for a consultation in my office. They’ve been rear-ended or struck by some driver blowing a stop sign and they’ve sustained a fractured leg or arm or some other serious injury. They need surgery and will be out of work for months. At first glance they have …
Why do so many drivers fail to get SUM coverage on their auto policies? Read More »
