Why Buy Uninsured Motorist Insurance in Florida?
May 13, 2022
If you are wondering why buy uninsured motorist coverage in Florida, you need to know that the Sunshine State is considered to have one of the highest rates for drivers that are under insured. If UM optional coverage is added to your personal insurance policy, it pays for treatment of injuries that you and your passengers received in an auto accident with an uninsured driver. In Florida, when the at fault driver has no insurance (uninsured) or doesn’t have enough liability insurance (underinsured), your uninsured motorist coverage kicks in, so you can pay your medical bills.
UM coverage can be used where the driver of your car did not cause the auto accident, but you have medical bills that need to be paid. If it sounds like it doesn’t matter that someone else caused the accident, then there is a 25% chance you would be right. That’s because one in every four drivers on Florida roadways are either uninsured or underinsured. Uninsured motorist coverage keeps you financially prepared for the worst.
How to Mitigate Risk of Under Insured Drivers
As a driver in Florida, you are not required to purchase uninsured motorist insurance coverage. So, that’s why it is important to mitigate the risks of being involved in an accident with an under insured driver. Personal injury lawyers say that uninsured motorist insurance is the same as buying liability insurance to cover every driver out there in case they injure you or the passengers in your vehicle. That is TRUE.
It is unfortunate that a driver in Florida who opts for the least liability coverage to satisfy the state’s minimum insurance coverage is likely under insured for covering damages in an injurious crash. So, how to mitigate risk of underinsured drivers is to add UM coverage to your auto policy. It pays for injuries or damages that you, family members in your household, or passengers in your car suffer after an accident with an at-fault driver who has no insurance.
Be Prepared to Pay for Auto Accident Medical Bills
No one ever thinks they are going to be involved in a car accident. Unfortunately, about 500 auto accidents happen every day on Florida roadways. Fact is you cannot control the decisions other drivers make, but you can ensure that you have insurance coverage to pay the medical bills for you, members of your household, and passengers in your car. So, don’t get caught ill-prepared for an auto accident.
If so, you may have to pay the medical bills out of your own pocket even though you were not at fault. It makes good sense that you would want to have the same financial assurance as what you purchase to pay for another driver’s medical bills should you be the at-fault driver. Since uninsured motorist insurance is cheaper than purchasing additional liability coverage, it is foolish not to protect your financial future. UM coverage can make a difference between protecting your financial assets and experiencing financial ruin due to the fault of another driver.
Now, ask yourself why buy uninsured motorist insurance in Florida? A well-chosen policy can take full advantage of bundling and discounts while providing valuable benefits when needed. We've included a convenient form for you to Request a Quote online or call us direct at (904) 731-7708.