why is there insurance against uninsured drivers?

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why is there insurance against uninsured drivers?

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33 Answers

Anonymous 0 Comments

Fun fact: some countries have established Guarantee Funds for car insurance that work similarly to FDIC for banks. If uninsured driver damages your car, you get paid by your own insurance anyway (you do not need a special ‘uninsured driver’ coverage, you are covered by default). Then the insurance company gets reimbursed from the fund and/or goes after the driver at fault.

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