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Uninsured motorist coverage is not mandatory in Florida, but having it provides you with another level of protection. If the other driver does not have insurance, you will not be stuck paying expenses out of your own pocket.
Drivers may voluntarily choose to purchase BIL insurance to protect them from liability if they cause a traffic accident. When you buy this insurance, the company must include an offer of uninsured motorist coverage. However, ing to Florida Statute 627.727, you can reject uninsured motorist coverage in writing.
If the other party is either uninsured or underinsured, you may make a claim with your insurance. If your own car insurance denies a claim after being hit by an uninsured or underinsured driver in Florida, you may have to file a lawsuit to obtain the compensation you deserve.
What happens if I reject uninsured motorist coverage? Some states require companies to automatically include uninsured motorist coverage, and drivers can reject it when receiving a car insurance quote. If you reject this coverage, you simply lose coverage for accidents caused by uninsured drivers.
The Cons of UM/UIM Insurance UM/UIM insurance costs money. Still, most drivers pay less than $100 per year for both types of coverage. UM/UIM property damage insurance applies a $250 deductible. An actual contact rule applies to coverage of hit-and-run accidents.
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This is a valid question that many Florida drivers have. While its true that in Florida, youre not legally required to have uninsured motorist (UM) coverage if you already have health insurance and personal injury protection (PIP), there are docHub benefits to having UM coverage.
It is illegal to drive a motor vehicle without insurance in the state of Florida, but insurance companies are not required to go after uninsured drivers unless you have uninsured motorist coverage as part of your insurance policy.
If you are injured in a car accident as a result of another driver who does not have bodily injury liability coverage, your uninsured motorist coverage will compensate you for the costs of your damages, including medical expenses, lost wages, pain and suffering, property damage, and wrongful death.