I live in a no fault state. Is there any advantage to getting uninsured/underinsured coverage?

Living in a no-fault state means that in the event of an accident, each driver's insurance company is responsible for covering their own policyholder's expenses, regardless of who caused the accident. However, this does not cover damages that exceed the policy limits or expenses that are not covered under the policy. In such cases, uninsured/underinsured coverage (UIM) can provide several advantages. Uninsured coverage protects you if you are involved in an accident caused by an uninsured driver or a hit-and-run driver. If the at-fault driver doesn't have insurance, you could end up paying for your own medical expenses, vehicle repairs, and other damages out of pocket. Uninsured coverage will help pay for those expenses, up to your policy's limits. Underinsured coverage is useful if you are involved in an accident where the at-fault driver does not have enough insurance to cover all of your damages. If the at-fault driver has only the minimum insurance required by law, it may not be enough to cover all of your expenses. In such cases, underinsured coverage can help you pay for the remaining costs up to the limits of your policy. In addition to these benefits, UIM coverage can also provide peace of mind knowing that you are protected in the event of an accident, regardless of the at-fault driver's insurance coverage.