Uninsured and Underinsured Motorist Protection coverage is intended to compensate you for both your financial and you non-financial losses which you sustain, as a result of the negligence of an uninsured or underinsured motorist.
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If your car is stolen or totaled in an accident, will your insurance company pay for what you owe the lender or leasing company? For most people, the answer is maybe. Depending on how you financed your car, you may also need a relatively little-known form of coverage called GAP.
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With the average vehicle on the road being about 10 years old, it is apparent that Americans are keeping their cars longer these days. There are benefits associated with owning an older automobile.
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