SUM stands for Supplementary Uninsured, or under-insured, Motorist benefits. That is something that is on one’s own auto insurance policy, and I always tell clients to buy it. This protects you in incidents where you are injured in a vehicle against other parties, but the other party either has low insurance limits or non at all, even though they would be mandated to by New York State. New York State requires a minimum limit on any auto insurance policy of $25,000, which is very low if you have a serious injury.
A lot of people, when they’re buying auto policies, have high limits to protect themselves if somebody sues them. SUM allows you to protect yourself if you’re in an accident and you’re the one injured by a party who has very low limits. You’re SUM, through your own insurance company, at a very low premium, can provide excess insurance in that situation. I recommend it to anybody who has more than a minimum limits on their own auto insurance policy.
The law office of Weinstein, Chase, Messinger and Peters is composed of dedicated attorneys, who have years of experience dealing with automobile accident cases throughout the Brooklyn, New York area. Contact them for your free initial consultation.