When you are purchasing your auto insurance, you may think about all the basic types of coverage – liability, property damage, etc.
However, one type of insurance you should not overlook or ignore is uninsured motorist coverage. According to the law, each insurance company is required to notify their customers about the right they have to purchase this coverage when issuing or reissuing a policy.
The best thing you can do, as a Florida driver, is to purchase the maximum amount of uninsured motorist coverage available, when insuring your vehicle.
Why Purchase Uninsured Motorist Insurance?
Compared to the cost of not having this coverage, and being involved in an accident with someone who has not insurance, the price is extremely affordable. Unfortunately, in Florida, there is a high likelihood that if you are in an accident, you will be in one with someone who does not have insurance coverage.
The fact is, Florida is one of the states that has the highest percentage of uninsured drivers in the U.S. It only comes in behind Oklahoma. According to some estimates, 23.8% of all drivers in the state of Florida don’t have insurance coverage. Also, purchasing the minimum amount required in Florida is not going to be enough if you are involved in an accident.
How Uninsured Motorist Coverage Helps
In many cases, uninsured insurance is also referred to as underinsured motorist coverage. This is because it helps to protect the buyer in two scenarios – if the at fault driver does not have liability insurance, but also when the coverage on the responsible driver is lower than the amount that has been purchased by the person who suffered the injuries.
According to Florida law, a driver only has to have $10,000 in personal injury protection, as well as $10,000 in property damage liability. If a serious injury occurs, this may prove completely inadequate. When you purchase uninsured motorist coverage, it means that your company is going to step in for the driver who is at-fault, just as if they had the same amount of insurance of their client. As a result, the uninsured motorist coverage is protected for the maximum amount that was purchased.
There is no question that any auto accident can be a stressful and frustrating experience. If you are injured in this situation, having adequate insurance coverage – even when it’s not your fault – is a must. If you need legal help after the accident occurs, then it is best to contact an expert West Palm Beach personal injury attorney. They can review the facts of the case and help ensure you receive the compensation for your injuries that you deserve.
To learn more, contact personal injury lawyer Scott J. Sternberg today. He can help you understand your rights and how much insurance you need to protect yourself while on the road.