Why It Is Smart To Insure Total Strangers?

When I was growing up, my mother always warned me to stay away from strangers. Don't talk to people you don't know. I realize that she was trying to protect me from unforeseen harm, but most strangers are just people like you and me.

So, how and why is it a good idea to pay for insurance for complete and total strangers? Consider the following: even though it is state law to have your vehicle insured for minimum liability (limits vary in each state), not every one obeys the law. Traffic tickets are written everyday to drivers and owners of vehicles that do not have current insurance in force.  The possibility of you getting into an accident with someone who's at fault that does not have insurance is very real.

Where does this leave you?  This person potentially has damaged your vehicle, caused bodily harm to you and maybe a passenger. If they have no insurance coverage you are out of luck and will be stuck with the cost.  The very best you could do is levy a law suit against the at fault party - which will cost more money out of pocket.

Enter Un-insured (UI) and Under-insured Motorist Coverage (UIM). The UI/UIM coverage typically covers bodily injury of driver and often passengers of your vehicle in the event that you are hit by an uninsured driver/vehicle whose at fault. In some states this coverage is extended to property damage to include your vehicle. This coverage typically costs on average $3-$5 per month. The extreme affordability of UI/UIM makes this a no brainer.  In our agency, we automatically include UI/UIM on every policy that we quote and issue and strongly advise against waiving this coverage. 

​Stickler Webb Insurance is an independent insurance agency with offices in Show Low, Safford and Sierra Vista, Arizona. Please visit, www.sticklerwebb.com for more information.