HEALTH

712 Windover Road, Suite A

Jonesboro, AR 72401

870.336.2121

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Securities offered through First Heartland Capital, Inc. Member FINRA/SIPC.

Advisory Services offered through First Heartland Consultants, Inc.
Selby Insurance and Financial is not affiliated with First Heartland Capital, Inc.

This site has been published in the United States for residents of the United States. The entire site has been prepared solely for informational purposes, and it is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Selby Insurance & Financial and any of its employees or representatives acting as an agent, may transact business in a particular state only if first registered, excluded or exempted from registration requirements . By activating a third-party hyperlink you will leave the Selby Insurance & Financial website. Neither Selby Insurance & Financial nor First Heartland Capital, Inc. are responsible for the validity, completeness or accuracy of any information provided on these sites.

Monday-Thursday 8:30am-5:00pm

Friday 8:30am-4:00pm

870.336.2120

Protection Against Uninsured Drivers

September 23, 2019

About 13 percent of all motorists, or one-in-eight drivers, do not have automobile insurance.1

 

Having the misfortune of getting into an accident with an uninsured motorist may have serious financial consequences depending upon the state in which you reside and whether it is a “no-fault” or “tort” state.

 

In no-fault states, the law does not assign blame for an accident. As a result, each driver is reimbursed by their insurance company for any damages. In a “tort” state, insurance companies pay out claims based upon the percentage of fault assigned to each driver.

 

Any accident with an uninsured driver means no insurance reimbursement payment for their apportioned share of the damage. This can leave you holding the financial bag.

 

How to Protect Against Uninsured Drivers. Some states require drivers to take out insurance for uninsured (and underinsured) motorists. Where not required, it makes good sense to add that coverage to your auto policy.

 

You can buy protection against uninsured (and underinsured) drivers for both bodily injury and property damage. This coverage may also be valuable in cases where an insured motorist flees the scene of an accident without trading insurance information.

 

The first step to protect yourself against this potential financial risk is to contact your insurance agent to discuss your current coverage, applicable state insurance laws, and what you need to do to obtain protection against uninsured motorists.
 

Toby Selby may be reached at (870) 336-2121 or tobyselby@selbyinsurance.com.

www.selbyinsurance.com

 

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

 

 

Citations.

1 - cars.usnews.com/cars-trucks/car-insurance/uninsured-motorist-car-insurance [4/12/19]


 

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