2. If you have full coverage, including comprehensive and collision, the deductible is probably lower for Uninsured Motorist Property Damage (UMPD).

3. Paying out through UMPD if the other party has no insurance, the accident is automatically listed as not-at-fault. That may not mean much now, but when it comes time to shop around for better insurance, all the other companies will see it as non-fault and not hassle you for documents and proof that the accident wasn’t your fault. If you let your company pay for the damage using collision coverage, the accident may require you to prove you were not at fault. That means requesting letters from your company and retaining documents for up to five years. It’s even more complicated when it’s a hit-and-run, as there is no one else to blame. Not all police departments will write up a report, giving you one less option for proof.

Bonus reason. UMPD is cheap. It costs around $10 to $20 for six months. Don’t let anyone talk you out of buying this valuable, although optional, benefit.

Fill out this Quote Request Form to see just how little difference it makes.