Uninsured Motorist (UM) coverage is crucial in Florida due to the state’s high number of uninsured drivers. It protects you financially if you’re in an accident caused by someone without insurance or with insufficient coverage.
Here’s why it’s so important:
1. High Number of Uninsured Drivers: Florida has a significant percentage of drivers without insurance, increasing the risk of accidents involving uninsured motorists.
2. Financial Protection: UM coverage helps pay for your medical bills, lost wages, and other damages if the at-fault driver is uninsured or underinsured.
3. Hit-and-Run Coverage: It often covers accidents where the at-fault driver flees and cannot be identified.
4. Covers You and Your Passengers: UM coverage typically extends to the policyholder, family members living in the same household, and passengers in the insured vehicle.
5. Not Mandatory, But Highly Recommended: While Florida law requires Personal Injury Protection (PIP) and Property Damage Liability (PDL), UM coverage is optional but strongly advised for added protection.
In summary, having UM coverage in Florida provides essential financial security and peace of mind, protecting you from potentially significant expenses if you’re involved in an accident with an uninsured or underinsured driver.
