Required offer in NJ Coverage 05 of 08

Uninsured &
Underinsured Motorist.

Liability covers the damage you cause. But what happens when the other driver is at fault and carries no insurance — or the NJ state minimum that runs out in an afternoon? UM/UIM is the coverage that protects your driver when someone else’s lack of insurance becomes your problem.

Quote UM/UIM Limits
1 in 7
Roughly the share of US drivers uninsured — NJ’s rate is meaningful too
35/70/25
The NJ minimum many at-fault drivers carry — and still quickly exhaust
UM + UIM
Uninsured (no coverage) and underinsured (not enough) — written together
Match
Best practice: set UM/UIM limits equal to your liability limit

Two scenarios, one coverage

Uninsured/Underinsured Motorist coverage steps in when the other driver is at fault but can’t pay for the injuries they caused to your driver and occupants:

  • Uninsured Motorist (UM) — the at-fault driver has no insurance at all, or flees the scene (hit-and-run). Your UM coverage pays as if it were their liability policy.
  • Underinsured Motorist (UIM) — the at-fault driver has insurance, but their limits are too low to cover the harm. UIM pays the difference up to your UIM limit.

The New Jersey reality

Two facts make UM/UIM essential for NJ commercial vehicles. First, a real share of drivers on NJ roads carry no insurance despite the requirement. Second — and bigger — a huge number carry only the state minimum of 35/70/25 — better than the 15/30/5 New Jersey sat on for decades, and still thin. A serious injury to one of your drivers easily exceeds $30,000, and when the at-fault driver’s policy taps out, the rest of the bill has nowhere to go but your UIM coverage.

How it plays out. Your driver is stopped on Route 1 and gets rear-ended by someone carrying NJ-minimum 35/70. Your driver’s injuries run $140,000. The at-fault policy pays its $35,000 and is done. Without UIM, your driver — and your business — eats the remaining $125,000. With $1M UIM, it’s covered.

Match your liability limit

The single best practice with UM/UIM is to set it equal to your liability limit. If you carry $1M liability, carry $1M UM/UIM. It would be strange to protect strangers from your driver at $1M while protecting your own driver from strangers at only $15K — yet under-set UM/UIM is one of the most common gaps we find on policies written elsewhere.

In New Jersey, carriers are required to offer UM/UIM, and there are rules about how limits relate to your liability selection. We’ll walk you through the options and, in almost every case, recommend matching limits.

Inexpensive for the protection

UM/UIM is generally a small fraction of your total premium — raising it to match a $1M liability limit typically adds far less than the liability itself costs. Like a commercial umbrella, it’s one of the most cost-effective protections per dollar on the policy, precisely because the catastrophic claims it guards against are infrequent but devastating.

FAQ

Uninsured / Underinsured Motorist, answered straight.

What’s the difference between uninsured and underinsured motorist coverage?
Uninsured motorist coverage applies when the at-fault driver has no insurance or flees the scene. Underinsured motorist coverage applies when the at-fault driver has insurance but not enough to cover the injuries. They’re written together and protect your driver and occupants in both cases.
Is UM/UIM required in New Jersey?
New Jersey requires insurers to offer uninsured and underinsured motorist coverage, and there are rules about how the limits relate to your liability selection. Practically every commercial policy we write includes it, because the exposure from low-limit and uninsured drivers is significant.
What limit should I choose for UM/UIM?
As a rule, set your UM/UIM limit equal to your liability limit. If you carry $1 million in liability, carry $1 million in UM/UIM. Under-setting it is one of the most common coverage gaps we find on policies written elsewhere.
Does UM/UIM cover a hit-and-run?
Yes. If an unidentified driver causes injuries and flees the scene, that’s treated as an uninsured-motorist claim, and your UM coverage responds as though it were the missing driver’s liability policy.
How much does UM/UIM add to my premium?
Usually a small fraction of the total. Raising UM/UIM to match a $1 million liability limit typically costs far less than the liability coverage itself. For the catastrophic protection it provides, it’s among the best values on the policy.

Don’t inherit someone else’s bad coverage.

Quote it in 5 minutes. We shop multiple A-rated carriers, you pick the policy.