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Important and Urgent Information
Most
drivers fear, with good reason, a traffic crash with an uninsured or
underinsured driver.
If it happens, there's a good chance it's going to cost you money
unless you have uninsured/
underinsured motorist (UM/UIM) coverage on your auto policy.
Even if you have the coverage and the other driver is
underinsured, a serious accident that does significant damage to
your car or badly injures you or your passengers, there could be
serious financial problems ahead.
With the enactment of Georgia Senate Bill 276 in 2008, there is
very important information regarding an additional choice in UM/UIM
coverage that you need to know.
The new law, which applies to private passenger auto insurance,
requires that you either select or reject (in writing) UM/UIM
coverage with a new feature.
Currently, the law states that when you purchase UM/UIM coverage
and are in an accident with an underinsured driver, the at-fault
driver's liability coverage is deducted from your UM/UIM coverage
when determining the amount to be paid after the accident for
injuries and property damage.
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