What type of auto policy coverage would pay for damages from a hit-and-run accident?

Uninsured motorist coverage is designed to protect a policyholder in situations where they are involved in an accident with a driver who does not have insurance or cannot be identified, as in a hit-and-run scenario. This type of coverage is particularly crucial because it ensures that the insured party can recover costs associated with damages or injuries resulting from an accident caused by an unidentified or uninsured driver. When a hit-and-run occurs, the responsible party cannot be located, making the claim against their liability coverage impossible. Therefore, uninsured motorist coverage steps in to provide compensation for the losses incurred.

Liability coverage, on the other hand, only pays for damages to another party when the policyholder is at fault, and comprehensive coverage deals with non-collision-related incidents like theft or weather damage. Collision coverage typically covers damages to the policyholder’s vehicle resulting from a collision, regardless of who is at fault, but it does not specifically address hit-and-run situations involving uninsured drivers. Thus, the type of coverage that directly applies in this instance is indeed uninsured motorist coverage.