Driving in Las Vegas can be very trying at times, particularly around 5 p.m. anywhere near the Strip or I-15. Accidents are a too common occurrence, and most times, someone else is at fault. Unfortunately, that leads to another problem in Las Vegas, and that is the high incidence of people driving with no insurance. Studies indicate more than 25 percent of motorists on Las Vegas-area roads are driving illegally with no auto insurance coverage. And even those motorists who do have insurance policies in place in many times do not have enough in coverage limits to pay the full costs of any damages or injuries they might inflict on others.
Uninsured/Underinsured Motorists Coverage Protects Well
The best way to protect against uninsured or underinsured motorists is to have uninsured/underinsured motorists coverage as part of an auto insurance policy. If hit by a driver who can’t be identified in a hit-and-run accident or by a driver who is unlicensed or otherwise not insured to drive a vehicle, uninsured motorists coverage will pay up to policy limits for any financial losses. When a driver cannot be identified, such as a hit-and-run driver, that motorists automatically is declared an “uninsured motorist.” Having insurance to protect against losses caused by an uninsured motorists is a wise move in a state where more than 25 percent of drivers have no insurance coverage.
Underinsured Motorists Coverage Pays When Others Won’t
Even motorists who have state-mandated auto insurance coverage in place many times do not have enough to pay for potential damages to many vehicles and other properties. In Nevada, a motorists can drive legally if the vehicle in which he or she is traveling has enough insurance coverage to pay up to 15,000 for bodily injuries to one other person or a total of $30,000 for bodily injuries to more than one person from an accident. State law also requires at least $10,000 in property damage coverage, which can be exceeded easily by one accident. That makes it important to have insurance coverage in place in case an uninsured or underinsured motorist causes an accident involving you. If your vehicle were totaled in an accident, would $10,000 be enough to replace it?