Did you know that different types of auto insurance can protect you in the event of a car crash? Without the right type of car insurance, you put yourself at financial risk when a car wreck occurs. Take the time to learn more about your insurance options - and provide yourself with additional legal protection - with our educational blog post today.
What does Tennessee have in common with other states when it comes to car insurance? For starters, our state shares a high rate of uninsured drivers, which can lead to major problems in the event of a car accident. Victims who are involved in a car wreck with an uninsured motorist can suffer major physical and financial harm - you could be "on the hook" for your own medical costs and vehicle replacement if you get in a crash with this type of driver.
Many Tennessee drivers worry about the financial impact of getting involved in a car crash. This is a legitimate concern, particularly for drivers who may get into a car wreck with an uninsured motorist. The good news: States around the nation are starting to offer auto insurance that protects against underinsured motorist accidents.
Tennessee has launched a new system designed to bring more motorists into compliance with liability insurance laws. About one in five drivers in the state is considered an uninsured motorist, with an estimated 1.1 million vehicles on the road that are not insured at all. Authorities say that a new verification system could improve compliance with state insurance law and provide additional recourse for those who are injured in an uninsured motorist accident.
Drivers across the state of Tennessee have been facing increased penalties for driving without insurance in the last 18 months, with consequences for uninsured drivers escalating from a $300 fine to the possibility of losing their vehicle. The Volunteer state has suffered from one of the lowest rates of insured drivers in the country for some time, including having the sixth lowest rate of insured drivers of any state just last year.
Just as you can’t count on all drivers acting safely, you can’t count on all drivers having insurance. Some may find it surprising just how common driving without insurance is here in the United States.
Have you ever been involved in an accident with another driver who either had no insurance or was underinsured? There is little doubt that the situation brought you no joy and quite possibly led to an accident dispute when you made a claim after being severely injured. Residence in Tennessee may be spared such a situation as the lawmakers in this state are cracking down on uninsured drivers.