Which of the following is true about uninsured motorist coverage?

Uninsured motorist coverage is designed to protect insured drivers and their passengers in the event of an accident caused by a driver who does not have any insurance. This type of coverage extends beyond just medical expenses; it can cover a range of damages, including but not limited to bodily injury and property damage resulting from a collision with an uninsured driver.

The rationale behind this is to ensure that insured motorists are not left with out-of-pocket expenses when they are involved in accidents where the other party does not have insurance. This coverage is crucial in maintaining financial protection and is intended to provide relief to those who might otherwise face significant financial loss due to another driver’s lack of insurance.

The other options do not accurately reflect the scope or requirements of uninsured motorist coverage. For instance, it is not limited to merely medical expenses, nor is it mandatory across all states; requirements for uninsured motorist coverage vary widely. Additionally, while it can provide coverage in hit-and-run situations, it is not confined exclusively to those scenarios.