In the unfortunate event of an automobile accident, uninsured motorist (UM) coverage – also known as uninsured motorist bodily injury (UMBI) insurance – will cover you and your passengers for:
Medical expenses, up to and including wrongful death
Lost wages or compensation
Pain and suffering
Under this type of car insurance policy, you and your vehicle’s passengers will also be covered by insurance, even if you are the victim of a hit-and-run accident. Sometimes uninsured motorist coverage can be used to offset the costs if a driver has some liability insurance, but not enough to cover injuries and/or damages.