Do I Need Uninsured Motorist Insurance?

Uninsured Motorist Insurance

If all drivers in Florida have to have car insurance, why do you need uninsured motorist insurance?

According to a recent study conducted by the Insurance Research Council, the likelihood is almost 1 in 5 that the at-fault driver is uninsured in Florida, with approximately 19% of its drivers without liability coverage.  In order to fully protect yourself, you’d want to look into uninsured motorist insurance which would cover the following expenses: medical expenses and lost wages not fully paid for by your PIP coverage, 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.  Uninsured motorist insurance also provides protection even if you’re not in your own vehicle. 

In Florida, it is only required that you have a minimum of $10,000 for your own injuries and $10,000 for property damage done to other’s property. As previously mentioned, the state required minimum limits are rarely adequate for most injury accidents. (for more info on this, check out our previous blog). In a serious collision, there are many types of losses that wouldn’t be covered by your no fault benefits or the final bill could exceed your PIP.

Especially because of the high percentage of drivers without insurance in Florida, uninsured motorist insurance should be considered one of the most important elements of your car insurance plan. If you’re not sure if you’re covered, call one our our qualified car insurance agents today!