If you are injured in an automobile accident in Florida, the chances are about one in five that the driver at fault is uninsured. Florida has one of the highest uninsured driver populations in the nation, with 19% of its drivers without liability coverage. Although Personal Injury Protection (PIP) is mandatory and carries a $10,000 limit in Florida, this is often less than a single trip to the Emergency Room. And if the at-fault driver does not carry Bodily Injury Insurance, you could be left without any recovery for your losses. Motorists are not required to carry Bodily Injury Insurance under Florida law and about half of the cars on the road don’t carry Bodily Injury Insurance. Furthermore, while health insurance and disability insurance may cover your medical bills and lost wages, they will not cover any of your non-economic damages. This is why Uninsured Motorist (UM) Insurance is so important.
UM Insurance will pay for your damages if you are involved in an automobile accident with an at fault driver who either doesn’t have Bodily Injury Insurance at all (uninsured motorist), or who does not have enough Bodily Injury Insurance (underinsured motorist) to cover your losses. UM Insurance usually covers the following expenses: medical expenses and lost-wages not fully paid by PIP, future medical expenses and future wage losses, and non-economic damages such as disability, pain and suffering, and the loss of ability to enjoy life.
UM Requirements in Florida
Florida law requires that UM Insurance be offered and either accepted or properly rejected by a “named insured” when an insurance policy which provides liability coverage is issued or delivered. Properly rejected means that the insured is required to sign a form stating that they do not wish to purchase UM Insurance. If the insurer fails to have the insured properly rejected UM Insurance, then UM coverage is provided by the contract as through the required coverage had been offered and accepted by the named insured as a matter of law.
Generally speaking, insurance agents usually don’t explain the Uninsured Motorists Insurance very well, and may instead tell you that you are getting “Full Coverage.” Don’t let this fool you! Full coverage means that they are only selling you the Minimum Insurance that Florida law requires.
For more information on Uninsured Motorist Insurance In Florida, a free initial consultation is your next best step. Get the information and legal answers you are seeking by calling (727) 827-7777 today.