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Uninsured Motorist Coverage Vs Underinsured Motorist Coverage

The regulations in the state of Florida stipulate that car insurance covering liability resulting from traffic collisions is mandatory. A minimum amount of coverage of 10/20/10 is required by law , as it follows – $10,000 Personal Injury Protection or PIP (per individual and per accident), $20,000 Bodily Injury Liability (per total and per accident) and $10,000 Property Damage Liability or PDL (total coverage per accident).

Despite the mandatory minimum liability coverage requirements, sadly, there are still numerous drivers within the state of Florida illegally carrying no amount of liability coverage ( they are uninsured drivers). According to the Florida Insurance Council statistical data, Florida is one of the top five states with the highest number of uninsured drivers, more specifically 23% of all Florida drivers carry no liability coverage.

Uninsured motorist coverage and underinsured motorist coverage are two optional types of car insurance policies that cover you and any occupants of your vehicle following a vehicle collision caused by a careless driver who carries no auto insurance at all or an insufficient level of bodily injury coverage. With such policies in place and the invaluable help of a well-respected and licensed personal injury attorney Melbourne FL vehicle collision victims of other drivers’ negligence can obtain the right compensation they deserve for the suffering caused by other Florida drivers with very little or no auto insurance coverage at all.

Understanding the difference between having uninsured motorist coverage and underinsured motorist coverage in place is essential because it helps you make an informed decision on securing the optimum level of protection inherently needed and rightfully deserved by you and your family members.

Uninsured motorist coverage (UM) pays for bodily injury damages as a result of being involved in an automobile accident caused by an uninsured driver. It covers medical expenses, physical and emotional pain and suffering as well as lost wages owning to your inability to perform your job duties. This is an optional yet beneficial policy that covers significant out-of-pocket money when involved in a vehicle collision with an individual carrying zero bodily injury coverage or with someone with a suspended driver’s license as well as in hit-and-run accidents.

Underinsured motorist coverage (UIM) covers payment for bodily injuries following a automobile accident . This optional policy provides coverage for ensuing medical bills, physical pain and suffering emotional trauma as well as for lost paychecks due to your inability to go to work. Underinsured motorist coverage comes in handy when the careless driver’s insurance policy cannot fully cover the bodily injuries suffered by you and other passengers in your car, due to their insufficient amount of bodily injury coverage.

When involved in a car collision and therefore physically and emotionally harmed as a result of the negligence of other traffic participants, drivers who have an uninsured motorist coverage and underinsured motorist coverage in place can legally protect their rights and family safety by filing an insurance claim. With the professionalism and expertise of a trusted and reputable personal injury attorney victims can benefit from a distinct advantage in terms of effectively pursuing the right compensation they deserve for their physical and emotional trauma experienced on account of the carelessness of insufficiently insured or uninsured Florida drivers.