Why uninsured motorist coverage is important


Sweigart Law Group is always wanting to help our friends and clients whenever we can. We believe that understanding the true value of uninsured motorist coverage is a valuable lesson.

Why it’s important to have uninsured motorist coverage

 According to the Florida Insurance Council, Florida has among the highest uninsured motorists rates in the United States. An estimated 23 percent of drivers in the state of Florida are uninsured (FIC).

Along with that, about half of the cars on the road in Florida do not have bodily injury coverage, which could put you in a bad situation if you were to ever be in an accident.

First, let’s begin by explaining what uninsured motorist coverage is. Uninsured motorist coverage can help cover the costs if you or your passengers are in an accident. An uninsured driver is someone who does not have any insurance, has insurance that does not meet state minimum requirements, or whose insurance company denies their claim or is not financially able to pay it. Hit and run drivers are also considered underinsured motorists.

When you get an accident and the other driver doesn’t have insurance, or does not have enough to help pay for the damages, uninsured motorist coverage can help. If you get an accident with someone who is uninsured and cannot help with the bills from your injury, you will be left to pay all the costs associated, but with uninsured motorist coverage, you are protecting yourself from this scenario.

Uninsured motorist covers you, your spouse, other members of the household (children), and any passengers in the car at the time of the accident. When the uninsured motorist coverage is stacked, that means the insured will be covered in all vehicles owned and insured under the insurance plan, however, each car must have uninsured motorist coverage.

If you only have one vehicle insured, you may be wondering why it is important to get stacked uninsured motorist coverage. This is because stacked uninsured motorist coverage covers you on any car you may be driving or renting. Non-stacked uninsured motorist coverage covers you in only your vehicle.

Uninsured motorist coverage follows pain, suffering, loss of the enjoyment of life, and mental anguish. It is important that you are not fooled by the term “full coverage”, because you could in fact have minimal coverage on your vehicle. Make sure to speak to your insurance agent to confirm what is included in your insurance package if you are not sure.

Many states do require their citizens to purchase uninsured motorist coverage with their car insurance, but Florida is not one of those states. Uninsured motorist coverage is there to protect you if you financially and physically.

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