Did you know that approximately one in four Florida motorists are driving without any insurance whatsoever? As you might expect, studies have shown that these uninsured motorists are more likely to be the most negligent drivers on our roads as they cause a disproportionate number of DUI accidents, reckless driving accidents, and distracted driving accidents.
So what happens if you are severely injured by one of these uninsured drivers? In the vast majority of cases, you will not recover one cent from the negligent driver even if he or she has devastated your life. This is because people who do not follow the law and fail to purchase insurance also tend to not have any money, thus they are “judgment proof.”
Fortunately, you can protect yourself and your family by adding uninsured motorist (also know as “UM”) insurance to any automobile policy. Uninsured motorist insurance is also surprisingly cheap. $500,000.00 in UM insurance can cost less than $100.00 per year.
This insurance is also critical because the vast majority of those people who actually do have auto insurance typically only carry minimal levels of bodily injury protection (such as $10,000.00) to cover those they may injure in an accident. $10,000.00 does not go very far in medical care, lost wages, or physical therapy. UM insurance will also make up the difference if the at fault driver is underinsured.
There are very specific requirements and ways to maximize and execute a UM or UIM recovery, and Milles Law is always here to answer your questions.
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