
Conversion Coverage: A Hidden Gem in Auto Insurance Policies
Conversion coverage is an optional addition to auto insurance that prevents your UM/UIM benefits from being reduced by the at-fault driver’s insurance payment. Without it, your insurer might subtract the at-fault driver's payout from your UM/UIM limit, reducing total compensation. For example, if your damages total $100,000 and the at-fault driver’s insurer pays $50,000, conversion coverage ensures you receive the full $100,000 from your UM/UIM policy in addition to the $50,000, totaling $150,000. Review your policy and consult your insurance agent to determine if conversion coverage is right for you. For legal guidance, contact Hastings, Cohan & Walsh, LLP at 203-438-7450 or visit www.hcwlaw.com for a free consultation.