Why UM Coverage Is So Important

There are few things more terrifying to a driver in Central Florida than getting into a car accident. Not only can you suffer serious injuries as a result of a collision, but you can also face sizable bills for automotive repairs. This is why it is important to understand uninsured motorist (UM) coverage and determine whether it is right for you and your family. 

With the percentage of uninsured drivers in Florida being 26.7%—the highest in the nation—many locals have turned towards UM coverage to preemptively protect themselves in the event of an accident or a crash. Take a look below to learn more about the importance of obtaining UM coverage in Central Florida and how it can benefit you. 

What Is Uninsured Motorist Coverage?

As the name suggests, uninsured motorist coverage is a type of automobile insurance that covers you from accidents caused by drivers without any insurance. In the State of Florida, an individual who is hurt in an accident caused by a driver without insurance will have no recourse to any financial settlements that could reduce or cover medical expenses and other losses. As a result, uninsured motorists often cause extensive cases that are extremely challenging to litigate.

Coverage for an uninsured motorist may pay for medical bills and other related expenses for both you and your passengers after an automobile collision that is caused by any of the following:

  • Drivers without liability insurance
  • Drivers without enough liability insurance to cover medical bills
  • Drivers denied coverage by their insurance company

After experiencing an accident with a driver who does not have the adequate insurance necessary to cover injuries or damages sustained during the collision, your uninsured motorist coverage will be able to help you pay for: 

  • Medical bills
  • Medication
  • Physical therapy
  • Lost wages (if you are unable to work due to the collision)
  • Pain, suffering, or mental distress
  • Funerary expenses and related costs

Having uninsured motorist coverage can save a great deal of time and money after you’ve experienced an accident, but there are certain protocols in place that introduce limitations for motorists looking to obtain coverage or compensation.

What Are the Variations and Limitations of Uninsured Motorist Coverage?

For drivers who are still unsure about the basics of uninsured motorist coverage, the landscape of insurance can be difficult to work with at times. To get a better understanding of uninsured motorist coverage, take a look at its two main subdivisions: 

  • Uninsured motorist bodily injury (UM or UMBI): Compensation paid when a driver causes an automobile collision that results in bodily harm, damage, or injury
  • Uninsured motorist property damage (UMPD): Compensation that covers any kind of damage to your car if it is struck by an uninsured driver

In terms of payout and compensation, uninsured motorist coverage is usually expressed as two numbers. For example, the minimum liability limits for bodily injury coverage in Florida is 10/20, which can be understood as:

  • $10,000 in bodily injury coverage per person
  • $20,000 in bodily injury coverage per accident

These levels of compensation vary depending on the severity of the accident or the injuries that occurred. Certain accidents have resulted in liability compensation of up to $500,000. 

In the State of Florida, drivers are required by law to possess a minimum amount of automotive insurance and to carry at least $10,000 of property damage liability, as well as personal injury protection for $10,000. This is commonly known as “Florida no-fault insurance,” and many drivers mistakenly believe that it will be enough to cover damages after an accident, which is not always the case. 

Do I Need Uninsured Motorist Coverage?

Many drivers in Florida often opt for the lowest level of car insurance coverage, either because they wish to save money or they feel that they will not need more than the minimum. However, due to the increased number of Florida drivers who do not have insurance, obtaining UM coverage will ultimately save you time and money if an accident should ever occur. 

Recent reports from the National Association of Insurance Commissioners show that the average claim awarded for UM and related injuries is short of $30,000. This financial award is beneficial for victims who need to use the funds for medical recovery and repairs to their vehicle if it was damaged during the collision. 

It is impossible to prepare for every eventuality, but obtaining uninsured motorist coverage can make a world of difference when the time comes to use it. Most motorists in Orlando, Florida are accustomed to the poor driving of their fellow vehicle owners, but having uninsured motorist coverage can provide them with peace of mind and one less thing to worry about.

Contact an Expert Car Accident Attorney in Central Florida

Being involved in a car accident is among the most traumatizing and frustrating moments that anyone can experience, and it happens to drivers all over Florida every day. Worrying about how to pay medical bills and car repairs while still healing from a concussion is the last thing that anyone wants to do, and if you find yourself in this position, it might be time to have an experienced car accident attorney on your side. 

The team of legal professionals and former prosecutors at The Umansky Law Firm have successfully helped hundreds of clients in Florida obtain the compensation they deserve. If you’re ready to take the next step and want a trusted team of auto accident attorneys on your side, give us a call at (407) 228-3838 or contact us online to schedule your free consultation.