Uninsured/Underinsured Motorist Coverage in Florida

If you’re involved in a wreck caused by a driver with no insurance coverage or too little insurance coverage to pay for the full cost of injuries and damages, uninsured and underinsured coverage can help you avoid a stressful financial situation.

Uninsured Motorist Coverage protects you when another driver doesn’t have insurance and causes an accident. Underinsured Motorist Coverage kicks-in when the at-fault driver has insurance, but the policy limits aren’t enough to cover all damages.

Uninsured motorist coverage isn’t required by law in every state. In states with uninsured coverage requirements, the minimum coverage is typically equal to the state’s mandatory liability minimum. Minimums, unfortunately, are often too low to cover damages in the event of a serious accident.

If you think you’ll never be involved in an accident with an uninsured or underinsured driver, think again. Despite the risk, one in eight drivers in the U.S. do not have car insurance.

How Much Uninsured/Underinsured Coverage Should You Get?

Could you pay out-of-pocket for an expensive hospital bill or repair bill that was another driver’s fault?

Minimum liability coverage is required by law, but purchasing additional coverage, if possible, is often a wise investment. Examine your, or your family’s needs carefully.

When it comes to insurance, the adage of better safe than sorry holds true. Fortunately, uninsured and underinsured coverage typically doesn’t cost as much as other types of insurance.

The cost of uninsured motorist coverage often fluctuates based on the percentage of uninsured drivers in a state. CLICK HERE to learn more about the number of uninsured drivers in our state. Review your insurance policy carefully to stay informed and appropriately insured.