Underinsured motorist coverage provides additional money to you if you are injured in an automobile accident and the at-fault driver does not have enough insurance coverage to pay the full value of your injuries.
In Arizona the minimum liability coverage is $15,000. Therefore, if you are injured in an automobile injury accident and incur damages exceeding $15,000 then it is unlikely you will be able to recover any additional money from the at-fault driver.
Underinsured motorist coverage provides additional compensation on your own insurance policy if the total value of your automobile injury claim exceeds the limits of the at-fault driver’s insurance policy.
It is not difficult for car accident damages to exceed the minimum insurance limits when you account for medical expenses, lost wages, and/or pain and suffering. Therefore, it is a good idea to purchase underinsured motorist coverage so that you will be fully compensated in the event you are injured by an underinsured driver.