What is Underinsured (UIM) Motorist Coverage?

Maxey McFarland Law Firm > Blog > What is Underinsured (UIM) Motorist Coverage?

Underinsured motorist coverage, frequently called UIM coverage, applies whenever someone with liability insurance injures you but does not have enough coverage to cover all your injuries and damages. Unfortunately, for many people injured in car accidents, the minimum required liability insurance coverage in South Carolina is $25,000 per person and $50,000 per accident. This means that if you’ve been seriously injured, the other driver’s insurance may not be enough to cover your damages. Unless you purchase UIM coverage, you may be left holding the bag.

Underinsured motorist coverage is optional

Underinsured motorist coverage is optional in South Carolina. That means you do not have to purchase it to drive a motor vehicle legally in the state. However, pursuant to S.C. Code Ann. § 38-77-160, your insurance agent is legally required to make a “meaningful offer” of underinsured motorist coverage when you purchase your policy. This means that he or she has to explain to you in writing what underinsured motorist coverage is. How much would it cost to add to your policy, and what coverage would be available to you if you decided to purchase it. Additionally, you must indicate in writing whether you want UIM motorist coverage and, if so, how much UIM coverage you want on your policy. This is important because if your
insurance agent and insurance carrier cannot produce proof of having made a meaningful offer of UIM coverage to you, you may recover the proceeds of underinsured motorist coverage on your policy- even if you didn’t purchase it.

Talk to your insurance agent about UIM coverage

The best action is to purchase underinsured motorist coverage when you buy your insurance policy. If you didn’t do that when you first bought your car insurance policy, you can always consult your insurance agent about adding UIM coverage to your policy. You can purchase UIM coverage up to the liability insurance you carry on your car insurance policy. You will likely find that UIM coverage is far less expensive than you think.

To ensure you maximize the compensation you receive for your injuries in a car accident in South Carolina, consult one of our experienced attorneys at Maxey McFarland Law Firm. We would be honored to have the opportunity to make sure you receive all the compensation you deserve and are entitled to under the law. You can call us at 864-387-8362.

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Last Updated: 03-12-2024
Written By: Will Maxey