Uninsured Motorist Coverage: What's the Point?

In Florida there are three primary insurance types for automobiles. These include no-fault insurance, bodily injury or liability insurance, and uninsured motorist coverage. Often times in a car accident case, the defendant’s insurance policy is not sufficient to cover the plaintiff’s damages. In these instances, the plaintiff will look to their own uninsured or underinsured motorist coverage to pay the shortfall.

Uninsured motorist coverage provides compensation to an insured for bodily injury or wrongful death inflicted by the negligence of an uninsured motorist. Underinsured motorist coverage provides the same protection when there is a deficiency in the negligent party’s liability coverage. The purpose of uninsured and underinsured motorist coverage is to allow an insured the same coverage that would have been available had the negligent party obtained liability coverage equal to that of the insured.

In general, uninsured motorist coverage is governed by Florida Statutes which require all motor vehicle insurance policies providing liability coverage to also contain uninsured motorist coverage, unless the coverage is rejected in writing by the insured.

Given the current state of insurance, with drivers having lower and lower liability coverage, it is a good idea to secure additional uninsured or underinsured coverage. Further, in the event of a motor vehicle accident all insurance policies must be analyzed to identify all available coverage’s for the injured party. If you have been injured by a Florida car accident we invite you to call Robert Sparks Attorneys for a free consultation.