Auto insurance policies, what they cover, and what they don’t cover, can be complex. It is important that you know what you are required to cover in Florida, and what these mandatory coverages mean when you get into an accident.
To get started on your car accident case right now with no obligation whatsoever, simply complete our free confidential consultation form or give us a call at (727) 308-6060 and be sure to ask for Bryan.
Uninsured or underinsured motorist coverage, also known as U.M., is optional coverage that is critical in serious injury and death cases. It covers you, family members, and persons in your vehicle. It also covers you and your family members while you are in other people’s vehicles, when you are a pedestrian, or when you are a bicyclist.
It pays when the other driver does not have bodily injury liability coverage, or are “uninsured.” It also pays in another critical situation when the other driver has some bodily injury liability coverage, but not in an amount high enough to fully pay for the damage caused by their negligence.
In other words, you could take the full amount of the at-fault party’s bodily injury liability coverage, and then turn back to your own underinsured motorist coverage to pay the balance of your damages.
This coverage can be purchased in “stackable” or “non-stackable” forms. Stackable means you take the amount of your coverage, and “stack” the number of cars on your policy. For example if you had three cars on a $100,000.00 policy and bought “stackable” UM coverage, you get $300,000.00.
Buy “stackable” U.M. coverage! In most serious accident cases the other driver and vehicle are typically uninsured and are typically at least underinsured. There is no requirement under Florida law that the other motorist or vehicle have bodily injury liability coverage to pay damages to you or a loved one for injuries or death caused by their negligence.
This optional coverage is of no help to you or loved ones after an accident in which the other motorists’ negligence causes injury to you or death to a family member. This coverage pays to others injured by your negligence only, or negligence attributed to the driver of your insured vehicle.
Persons injured by the negligence of you or your vehicle make claims against this coverage. For example, if you purchase 100/300 in liability coverage you purchased up to $100,000.00 for any one person, or up to $300,000.00 to any one accident if multiple persons were damages by your negligence or negligence attributable to the driver of your vehicle.
This coverage will not be paid to you or to a family member inured as a result of someone else’s negligence. When you buy this coverage to pay to others, you must be offered uninsured motorist (U.M.) coverage. DO NOT reject the (U.M.) coverage as it protects you and your family!
This optional coverage pays medical bills to you and residential relatives in the event of an accident typically to only persons in the insured vehicle. It can be used in conjunction with your Personal Injury Protection (PIP) coverage to pay a percentage of your bills not paid by PIP or to pay bills in place of PIP to save PIP for Lost Wages.
This pays for damage to your car and property even if the other driver caused the accident.
If you have any questions or if you wish to discuss your auto accident insurance case, call (727) 308-6060 and ask for Bryan today.