Uninsured or Underinsured Motorist is usually referred to as “UM” coverage. It is one of the most important coverages you can buy, because it pays you for your injury if the person who is at fault does not have any or enough liability coverage. This means if you are the victim of a car accident and the at-fault party only maintains Florida’s required basic PIP coverage, the at-fault driver’s insurance will not compensate you for your injuries.
Unfortunately, Florida is the only state that does not require drivers to have bodily injury liability insurance to protect accident victims. As a result of the lack of required bodily injury coverage, the State of Florida has the highest rate of uninsured drivers or motorists in the country at 26.7 percent. This number is significantly higher than the national average which makes driving in Florida risky if you do not purchase Uninsured/Underinsured Motorist Coverage. To address the issue, Florida insurance companies sell additional Uninsured/Underinsured Motorist coverage which can protect your family in the event you or a loved one is a victim to a car accident caused by an uninsured/underinsured driver.
If you are involved in an auto accident and need assistance in navigating though the difficult process to protect your rights, contact the experienced lawyers at Lancaster & Eure, PA www.lancasterlawyers.com/contact/