Mark Perenich Clearwater Personal Injury Lawyer
Do you know the importance of uninsured motorist coverage?
Many people are unaware if they even have uninsured motorist coverage, and in my opinion, it’s one of the most important types of insurance to have. Hopefully after reading this you will have a general understanding of uninsured motorist coverage and why you need it.
Q. What is uninsured motorist coverage?
A. Uninsured motorist coverage provides for a driver to receive damages for any injury he or she receives from an uninsured, negligent driver. This type of coverage is typically added to a driver’s current policy. In the event of an car accident, the insurance company pays the difference between what the uninsured driver can pay and what the injured driver would be entitled to as if the uninsured motorist had insurance.
Q. What losses does UMC cover in the event of an auto accident?
A. Uninsured motorist coverage is meant to compensate you for both financial and non-financial losses that occur in result of an accident. This includes any medical expenses, lost wages, pain and suffering, vehicle repair, and other out-of-pocket expenses.
Q. Who does it cover?
A. Generally it will cover yourself, any household members, minors, and family members that may not reside in the house (i.e. children in college).
Q. Why is it so important to have uninsured motorist coverage on your auto insurance policy?
A. Because there are many drivers that are driving without insurance, in Florida 24% of drivers are without coverage. And if the other driver does have coverage it may be limited to only $10,000. If you get into an auto accident requiring an ambulance ride ($3,000-$8,000) or worse, a helicopter ride to the near by hospital ($10,000-$20,000), there may not be enough in the other driver’s policy to cover just your transportation let alone your medical expenses. In my career I have seen many people that cannot recover any damages, in order to cover large medical bills and lost wages, because they did not have uninsured motorist protection. It can make a tragic accident a life long burden.
Q. How do I protect myself from an uninsured driver?
A. Call your insurance company and ask them if you have uninsured motorist coverage. If you do not, ask to add it to your policy it is usually a very low increase on your premium, and well worth it.