Underinsured Motorists Driving Without Car Insurance. What Drivers Can Do With Their Own Insurance Coverage

Ron Trumbo Insurance Editor

Reality Check: So what do you really think about shopping for car insurance online? Have you ever driven without insurance? Please share your thoughts with us on our Facebook page.

No doubt the tough recession is tough! I would argue that one of the biggest "real" economic indicators is the percentage of drivers out there without car insurance coverage. When people are without work, obviously dropping the $50 to $150 per month insurance bill is inevitable — especially for those struggling for food. With this awareness, InsuranceLoco.com recommends that all drivers take 5 minutes and review their car insurance policies and compare different insurance carriers and protections levels and find better and cheaper coverage.

Most importantly, make sure that you have enough car insurance protection against the enormous population of uninsured motorists. Simply satisfying your State's bare insurance minimums is not always your best financial option in context to your daily life.

Has Your Daily Life Changed?

In the answer to this question you will find the reasons why you may need higher car insurance protection — or even qualify for savings. Maybe you had a young driver move away from the home and you haven't updated your family's auto insurance coverage to reflect that change?

Or perhaps you actively carpool to work, school, or general activities? Did you move? Did your commute become shorter? Do you park in a garage now? You have to shop for new quotes to recognize any potential savings. Getting a quote online generally takes less than 10 minutes.

If you have purchased a home since you first purchased your auto insurance policy, you may want to consider upping your Bodily Injury and Property Damage Liability coverage levels. According to the Insurance Information Institute, if you own a home and make more than $75,000 a year, most insurance experts recommend that you own at least $100,000/$300,000 of Bodily Injury coverage and $100,000 total of Property Damage Liability coverage.

Other helpful online resources about uninsured drivers and insurance: Uninsured motorist clause, uninsured motorist insurance