What is the purpose of obtaining uninsured or underinsured motorist coverage?

Uninsured or underinsured motorist coverage is probably one of the most misunderstood parts of insurance policies. Many people believe that they don’t want to purchase uninsured motorist coverage, because why should they be responsible to pay for premiums because another driver is uninsured? Let me answer that for you. You’re doing that because that is the coverage that’s going to protect you and your family. If there’s a driver who is uninsured, and think about it, the worst drivers are going to be. Then the uninsured part of your policy is what kicks in and it protects you. That policy coverage stands in the shoes of the wrongdoer and it provides coverage for you and your family in the event you’re injured as a result of an uninsured or underinsured motorist.