Everything You Need to Know About Uninsured Motorist Coverage

Car accidents happen all the time. That’s why it is imperative for drivers to not only have insurance coverage for their vehicles but also include the additional uninsured motorist coverage in their policy. So, what is exactly uninsured motorist coverage? Uninsured Motorist insurance is a coverage that protects you if you’re involved in an accident with someone who does not have liability insurance or does not have enough Liability insurance to pay for your damages.

Uninsured Motorist insurance depending on the state you live in, and they are usually grouped in three different categories. Uninsured Motorist insurance (UM) protects you and all other occupants in the vehicle, even you get struck by a hit-and-run driver. It consists of coverage that pays for injuries, such as medical expenses, that result from an accident caused by an uninsured driver.

Underinsured Motorist insurance (UIM) is insurance that covers you if you get hit and injured by a driver who has too little insurance to cover all your injuries. In addition to medical bills, this covers lost wages, and any pain and suffering it may have caused you. Uninsured Motorist Property Damage insurance (UMPD) covers damages an uninsured driver causes to your vehicle, even if a hit-and-run driver causes it. This coverage may include personal property as well as the vehicle.

Uninsured Motorist insurance is optional insurance coverage in some states (Including Florida) and mandatory in others. Florida ranks number 5 in the USA for the number of uninsured drivers on the road and in 2012, 23.8 percent of Florida drivers had no auto insurance. If you are hurt or injured in a car accident by an uninsured or under-insured driver, you may have to pay for your injuries out of pocket. Therefore, we recommend you buy uninsured motorist coverage.