Uninsured motorist coverage is a component of your automobile insurance that provides you protection against an uninsured motorist. This coverage will protect you financially of you or your passengers are injured, or in some cases if your car is damaged in an accident where the person at fault is uninsured or underinsured. It is often assumed that most motorists are insured, since law requires insurance coverage. However, many drivers may let their insurance lapse or do not carry enough coverage to handle a major accident. In these instances, you need to protect yourself and your family or passengers. You may rely this insurance in the instance of a hit and run, when the at-fault driver’s insurance company denies the claim or when the at-fault diver does not carry state minimums. Uninsured or Underinsured motorist coverage is relatively inexpensive to add to your policy and may pay for your pain and suffering, lost wages and damaged property in addition to your health needs.