Florida ranks as one of the states with the highest number of uninsured motorists. According to the Insurance Research Council, Florida tops the list with 26.7% of drivers being uninsured. As you venture through the roads and highways connecting South Florida, you are sharing the road with numerous uninsured drivers.
What is Uninsured Motorist Coverage?
This elective coverage allows you to prepare for the financial burden that comes from getting into an accident with an uninsured driver.
Underinsured vs. Uninsured Motorist Coverage
Similar to Uninsured Motorist Insurance, Underinsured allows your insurance to cover you if the other driver has a limited coverage amount that does not entirely cover your damages.
Is it worth it?
In Florida, you are not required to carry this type of coverage. However, driving in the chaotic traffic of South Florida, you definitely should prepare for the unexpected. If you wish to reject this coverage, your insurance company will require you to sign a form evidencing your knowing rejection of this coverage. Remember, your PIP coverage will only provide you coverage for up to $10,000 in medical expenses. In the case of uninsured or underinsured motorist coverage, not only will additional money be available to pay for medical bills that exceed your PIP benefits, there will be benefits available to pay you for your physical and mental pain and suffering. Therefore, you will likely need more compensation after your accident, which can be accommodated by this extra coverage.
Yes, this adds on will increase the price of your insurance premium, but it will provide you with peace of mind knowing that in those cases where you sustain serious personal injuries by an uninsured or underinsured driver, you will have the ability to collect damages for your injuries that you otherwise would not have.
How can a Miami Car Accident Attorney help you?
You can maximize the compensation for your damages by meeting with an experienced attorney that will guide you through the steps to secure your compensation.
If you or someone you care about was recently involved in a car accident, it is critical that a thorough investigation of the accident and all facts surrounding it be conducted as soon as possible. If not, the evidence can be lost and/or destroyed. Having evidence and legal representation can make all the difference in your ability to receive fair and adequate compensation for your damages.
Contact Perez-Gurri Law Firm for a Free Case Review.