You may spend tens of thousands of dollars on auto insurance, but are you spending it where it’s most needed? When you are in an accident with another motorist and he doesn’t carry his own liability protection or doesn’t carry enough, uninsured or underinsured motorist liability coverage allows you to collect for lost wages, medical expenses, and pain and suffering incurred in the accident.

Should you already have comprehensive health and long-term disability insurance, then uninsured or underinsured motorist liability coverage is largely redundant. You do give up the ability to sue for general pain and suffering if you drop this coverage and to insure passengers in your car who may lack adequate medical and disability coverage.