Auto Insurance and Uninsured Motorists
Even though car insurance is required in Florida, thousands of drivers take a risk every day by getting behind the wheel without the proper coverage. Drivers without auto insurance not only put their finances in jeopardy, but also make all other drivers on the road vulnerable. Luckily, investing in uninsured motorist coverage can help to ensure that you stay safe from any situation on the road.
There are three main types of uninsured motorist coverage that are available, including:
- Uninsured motorist (UM) insurance – sometimes known as uninsured motorist bodily injury insurance, this will provide coverage for you and your passengers medical bills if you are involved in an accident with another driver who is at fault and does not have insurance. It will also provide reimbursement for any lost wages that you or your passengers face.
- Uninsured motorist property damage (UMPD) coverage – typical uninsured motorist insurance will not provide any coverage for property damage that is done during the accident. Adding uninsured motorist property damage coverage to your policy will only provide coverage for damage that is done to your vehicle. Make sure to ask your insurance agent if uninsured motorist property damage is available with your policy.
- Underinsured motorist (UIM) protection – if the driver who is at fault for the accident does have liability insurance, but it is not enough to cover the injuries or damages to your vehicle, underinsured motorist coverage will provide the additional coverage that is needed.
It is important to keep in mind that each uninsured motorist policy is slightly different and talking with your insurance agent can help to make sure that you have the right amount of protection for your specific needs.