What is uninsured coverage designed to pay for?

Uninsured coverage is specifically designed to protect you when you're involved in an accident caused by a driver who does not have insurance. This type of coverage helps ensure that you are not left bearing the financial burden solely because another driver failed to carry insurance. Thus, it assists in covering costs related to damages to your vehicle when you are hit by an uninsured driver, including repairs or vehicle replacement.

While medical expenses, legal fees, and the replacement of stolen items are important aspects of personal finance and insurance, they fall under different types of policies or insurance coverage. Medical expenses would typically be covered under your health insurance or possibly through medical payments coverage in your auto insurance policy. Legal fees are usually handled through liability coverage or a different legal insurance policy, whereas stolen personal items would relate more to homeowners or renters insurance. Therefore, the primary purpose of uninsured coverage focuses on the damages resulting from accidents caused by uninsured motorists, which makes it a critical form of protection for drivers.