UM insurance otherwise stands as uninsured motorist insurance and is a level of coverage they can protect you in the event that you’re involved in an accident with someone that does not carry a level of liability insurance. If someone doesn’t have access to enough liability insurance to pay your damages or they are underinsured, it’s important you are able to access the assistance you need to manage your injuries.
Uninsured motorist insurance options will vary by state including the types of coverage options that you have available. In the state of Florida, your UM insurance is a supplementary package that is not typically included under basic insurance costs. Upgrading your insurance will not significantly increase your premium and you be able to acquire UM or UIM insurance coverage up to the total liability coverage that you can access.
UM insurance is also known as uninsured motorist bodily injury insurance in some other states. It works to cover the cost of medical expenses that have resulted in an accident caused by a driver who’s uninsured. UM insurance can protect you as well as any of your passengers if you are struck by a hit-and-run driver or someone that does not carry insurance. UM expenses can pay for pain-and-suffering, lost wages and medical bills.
Underinsured Motorist Coverage
This type of coverage varies from UM and in many cases it’s included as part of UM coverage for your protection. UIM can fill in the gaps in coverage. From a driver that carries the bare minimum amount of coverage UIM expenses can pay for pain-and-suffering, lost wages and medical bills as well.
These types of coverages can be considered crucial items if you are driving in the state of Florida. He could be taking a risk if you are driving without UM insurance, especially with the sheer amount of drivers on the roads opting for minimal or no insurance coverage at all.
This post was written by Wendy Doyle-Palumbo. Wendy is a New Port Richey Car Accident Lawyer at Wendy Doyle-Palumbo, Esq. Wendy has over 25 years of experience practicing law and has won several cases in helping those get the compensation that they deserve!