Glossary > Insurance > Auto Insurance > Uninsured

Hit-and-run

In plain English, a hit-and-run refers to a situation where a driver leaves the scene of an accident without providing their contact and insurance information. This can leave the victim of the accident without recourse to claim damages or medical expenses from the responsible party's insurance company.

Example #1

For example, if a driver hits your parked car in a parking lot and drives away without leaving a note or contacting you, it is considered a hit-and-run.

Example #2

Another example is if a driver causes an accident on the road but speeds off before anyone can identify them, leaving the victims stranded with no way to claim compensation.

Misuse

Misuse of hit-and-run incidents can occur when dishonest individuals stage fake accidents and then flee the scene to make it seem like a hit-and-run. This is detrimental as it can lead to fraudulent insurance claims, higher premiums for honest policyholders, and ultimately undermines trust in the insurance system.

Benefits

One of the main benefits of uninsured/underinsured motorist insurance is protection against hit-and-run accidents. If you have this coverage and are involved in a hit-and-run, your own insurance company can step in to cover your medical expenses, vehicle repairs, and other losses.

Conclusion

It is crucial for consumers to understand the implications of hit-and-run incidents and the protection offered by uninsured/underinsured motorist insurance. By having the right coverage in place, individuals can safeguard themselves against the financial ramifications of being involved in such unfortunate situations.

Last Modified: 4/29/2024