What happens when you are involved in an accident with an uninsured driver or an underinsured driver on the roads of Florida? In most cases, you will be required to seek compensation from your own insurer under your personal injury protection (PIP) policy. But what can you do when your injuries are severe and that coverage is not enough? Your best option may be to carry uninsured motorist and underinsured motorist coverage (UM/UIM).
Trying to recover damages from other drivers can be a challenge. According to the Insurance Information Institute, more than 23 percent of Florida’s drivers are uninsured. This means that there are millions of drivers on our roads who do not have coverage to pay for the injuries that result when they cause an automobile accident. Perhaps equally troubling is the fact that a great many Floridians choose to purchase only basic coverage. Because Florida law does not require drivers to carry bodily injury liability coverage, many drivers have little or no coverage to put toward your injuries and expenses. Because the possibility is very real that you may be injured in an accident by an uninsured or underinsured driver, it is essential that you carry UM/UIM.
Like PIP, UM/UIM allows you to recover from your own insurer. The major difference is that PIP typically applies to minor injuries and involves low dollar amounts. Recovery under your UIM coverage occurs where the case was serious enough to proceed against the other driver, but where that driver could not be found or lacked the coverage necessary to pay your costs.
UM/UIM is available in different forms and different amounts. A Florida injury attorney can help you understand your options and pursue compensation if you have been hit by an uninsured driver. Speak with the experienced Bradenton auto accident lawyers at the firm of Goldman, Babboni, Fernandez, Murphy & Walsh to learn more.