Do you need uninsured motorist coverage? Someone is injured in an auto accident every minute of the day, and it’s not always their fault. There are car accidents caused by other parties every day, and the scary part is that many of these drivers could be driving uninsured.
For collisions in the United States, roughly one in seven drivers will not have insurance. This is according to the Insurance Research Council, which documented that the number of uninsured motorists driving in the United States increased by nearly two percent in a five year period. The amount of drivers that are on the road uninsured varies from state to state. In the Sunshine State, the odds are nearly one in five that the driver that caused the accident will not have insurance. They may be negatively affected by their decisions, but the bad news is that so will you if you’re involved in a collision with an uninsured driver.
Drivers may need to get uninsured motorist coverage even if they currently are covered for PIP, otherwise known as no fault insurance. This type of insurance is capped at a 10k limit in Florida and is mandatory. However, its title is a little bit confusing because it means that each driver’s insurance company is going to pay the losses– no matter who is at fault. This will also include medical expenses, lost wages, and expenses. When not all of your losses may be covered in future accidents by no fault, that’s where UM insurance has you covered where you might otherwise not be for an auto accident.
This type of insurance can also be invaluable for not only you but your passengers. If you and other people are involved in a crash that was caused by a driver that has no bodily insurance liability insurance or it doesn’t cover enough, you’re going to need coverage for you and your passengers. You’ll need it to cover massive expenses that might not be paid otherwise, such as wage losses and medical expenses. Pain and suffering, loss of enjoyment of life, these are all covered with UM insurance. It’s the thing you need most if you’re going to get into an accident with an uninsured driver. It could happen even if you’re a great driver, and that’s the unfortunate part.
Don’t be left behind when it comes to expenses. Get an insurance that covers you no matter where you go. UM coverage can be taken out for multiple vehicles but they must be at the same limit and must be up to or no more than the bodily injury liability coverage limits. How many vehicles that are insured will influence your uninsured motorists coverage and policy limits– consult your insurance agency to find out about higher limits and how the conversion applies and beware of getting the minimum.
If you have sustained an auto accident injury, consult The Law Offices of Payas, Payas & Payas. They can help you figure out how to move forward with an injury situation regardless of whether the offending party was insured. Call today!