If you are wondering, “Do I need uninsured motorist coverage in Florida?” finding an answer might seem difficult. To make it easier, we provide three reasons you should have it below.
As with any type of insurance, uninsured motorist coverage can help pay for your losses in the event of an accident. This particular type of coverage, however, can be essential if you are in an accident with a driver who is uninsured or whose coverage is inadequate to cover your injuries. In fact, we think it is one of the most important insurance decisions a person can make.
What is UM coverage?
Uninsured motorist insurance covers the injuries and damages that you and those covered under your policy sustain when involved in an accident with an uninsured or underinsured driver. It can cover things like your medical care, lost wages, and other losses you experience.
Why You Need Uninsured Motorist Coverage in Florida
- Florida is a no-fault state.
As a no-fault state, Florida requires drivers to use the coverage from their own policies before pursuing damages from the at-fault driver’s insurance. The minimum coverage for personal injury protection (PIP) that drivers are required to carry is $10,000 dollars. When that runs out (and it can run out quickly if you have a severe injury), drivers can then pursue the other driver for the remaining costs.
However, if the other driver does not have liability coverage, injured drivers may be left holding the bill.
Do I need uninsured motorist coverage in Florida? Don’t wait until it’s too late to answer this critical question. Contact us if you need help.
- Florida does not require drivers to carry bodily injury liability coverage.
Even if the at-fault driver has Bodily Injury liability (BI) coverage, it might not be enough to cover all of your costs, but because Florida does not require it to drive legally, you could be out of luck entirely. If your PIP coverage is low and the other driver has chosen not to carry BI coverage, there may be no recourse.
- Car accident injuries are expensive.
For severe car accident injuries, the medical bills, as high as they often can be, are not the only costs to consider. Will you be out of work for more than a few weeks? That lost income can add up. Will there be ongoing costs for your care? Therapy and special equipment are expensive. Uninsured motorist insurance can help with these costs.
Do I need uninsured motorist coverage in Florida? You know the answer.
Now that you understand what UM insurance covers and why it is important to carry, it should be clear why we always suggest that drivers have it. The cost to have this type of coverage is nothing compared to what it pays for in a worst-case scenario. If you are still asking, “Do I need uninsured motorist coverage in Florida?” you already know the answer.
If you have been in an accident with an uninsured or underinsured driver, you may still have options to recover compensation. Get in touch with the attorneys at RRBH Law today to schedule a consultation.