Uninsured Motorist (UI) or Underinsured Motorist (UM) coverage is something every family should consider. Shockingly, Florida Law does not require drivers to obtain bodily injury coverage. This is the type of insurance that covers an individual for another person’s injuries, which the individual has a legal responsibility to pay. A recent study from 2014 showed one out of eight drivers on our roads had no insurance whatsoever. The vast majority of Tallahassee, Thomasville, Quincy, and Monticello drivers do not have enough insurance if they cause an accident resulting in a serious injury such as a broken arm or broken leg in a car accident.
Uninsured Motorist or Underinsured Motorist coverage provides financial compensation for personal injury or wrongful death damages inflicted by the negligence of a driver that either does not have any insurance or does not have enough insurance. Both forms of coverage are typically inexpensive. There is no reason to not have the only automobile insurance policy that specifically provides you with insurance against another person’s negligence.
Uninsured Motorist or Underinsured Motorist coverage extends to the insured named on the policy as well as his or her spouse and relatives living in the same household as the policyholder. The typical Uninsured Motorist or Underinsured Motorist coverage applies to personal injuries “arising out of the ownership, maintenance or use of an uninsured motor vehicle.”
Florida Statutes § 627.727(1) mandates that every policy that provides primary liability coverage to a name insured must include uninsured motorist coverage unless the coverage is rejected or lower limits are selected.
Uninsured Motorist or Underinsured Motorist coverage is a complex area of law. Consult an attorney at Milles Law to ensure that you are getting the most out of the available insurance coverages for your injuries. Your Injury. Your Rights. Your Lawyer.