Rescue Your Revenue

When Can You Use UIM/UM Coverage to Collect Your Downtime/Loss of Use Claim?

Do You Have UIM/UM Insurance Coverage for Your Expedite Truck?

If you're an expediter, your equipment is your livelihood. Protecting it with the right insurance is crucial. One coverage you should consider is Uninsured Motorist (UM) and Underinsured Motorist (UIM) insurance. If you're not sure whether you have it, contact your insurance agent to confirm. Compared to the financial protection it offers, UIM/UM coverage is often affordable to add to your policy.

Why Is UIM/UM Coverage Important?

Every day, there are drivers on the road with little to no insurance. For expedite drivers, who rely on their trucks to earn a living, this can be disastrous.

Here’s a real-world example: Jeffrey, an expediter, was hit by a young driver carrying only $10,000 in insurance coverage. Jeffrey’s truck needed $10,000 in repairs, but he also lost $30,000 in income during the month his truck was out of commission. The at-fault driver’s insurance company covered the repairs but had no funds left for Jeffrey’s lost income.

What Saved Jeffrey’s Business?

Thankfully, Jeffrey had UIM/UM coverage on his policy. His insurance company stepped in and covered the $30,000 income loss. Without this coverage, Jeffrey would have faced a major financial setback. UIM/UM insurance allowed him to recover fully and get back on the road.

Protect Your Livelihood

Be proactive—ask your insurance agent about UIM/UM coverage and other options like rental reimbursement and downtime coverage. Having the right insurance can make all the difference in safeguarding your business.

How Eckert & Associates Can Help Expediters

When accidents or downtime disrupt your business, having experienced advocates on your side can make a world of difference. At Eckert & Associates, P.A., we specialize in helping truckers and expedite drivers recover their financial losses, including downtime claims. Led by attorney Kelsea Eckert, we’ve been helping businesses and individuals recover their losses since 1988. We handle claims in all 50 states. Whether it’s downtime, loss of income, or business interruption, our team has the resources and expertise to get results.

At Eckert & Associates, we understand the unique challenges faced by expedite drivers. Our team aggressively pursues your financial interests while maintaining a professional approach. We focus on speedy resolutions, ensuring your downtime claims are handled efficiently.

The information in this article is general in nature and is not intended to be legal advice