What is the coverage limit for uninsured or unidentified motorist coverage included in an autoplan?

Uninsured or unidentified motorist coverage is a significant component of auto insurance policies, designed to protect drivers in the event of an accident where the at-fault party does not have insurance or cannot be identified, such as in hit-and-run scenarios. The coverage limit typically outlines the maximum amount the insurer will pay for damages related to bodily injury sustained in an accident with an uninsured or unidentified driver.

In this context, the standard coverage limit for uninsured motorist coverage in an autoplan is often set at $200,000. This amount provides a substantial level of financial protection for policyholders, reflecting the balance necessary to cover medical expenses and other costs incurred due to accidents involving uninsured drivers.

The specific limit is established by insurance regulations and market practices to ensure that consumers are adequately protected without excessive premium costs. Knowing this coverage limit is crucial for individuals to make informed decisions when selecting their insurance policies, ensuring they are equipped with the necessary protection against uninsured motorists.