Uninsured Motorist / Underinsured Motorist Insurance Car Accident Claims
Given the hard economic times, you are more likely to find yourself in an accident with someone who does not have insurance. According to 2011 research, the Insurance Research Council has found that approximately one in seven drivers are uninsured. This is a frightening statistic as you or a loved that has insurance could easily be injured in an accident with an uninsured motorist. However, you can protect yourself from such predicaments with uninsured/underinsured motorist (UM) insurance.
It is important to have UM coverage especially in South Florida as the state does not require Bodily Injury (BI) insurance. BI Insurance covers you if you hurt someone else, but it does not cover your injuries. If you are injured by someone who does not have BI coverage and they can’t afford to pay you a judgment then you could find yourself covering your expenses out of pocket. Bodily injury, personal injury protection, property damage, and collision coverage will do little to compensate you or your loved ones if the person who caused the accident has no insurance. Your insurance company will not compensate for your bodily injury even if you have all the above coverage. Although this may seems unfair, it is the harsh reality.
That is why, as South Florida UM accident attorneys we advise you purchase UM insurance. UM insurance coverage protects drivers when they are injured in an accident with a driver who has insufficient insurance or no insurance at all. You can purchase UM coverage up to the amount that you buy BI Insurance. This is a simple way to protect yourself and your loved ones and there is only a slight change in cost when adding UM coverage to your policy. The protection that will be afforded to you and your family is well worth the minimal increase in your policy.
As Miami UM car accident lawyers we suggest that you buy stacked UM coverage. With stacked UM coverage if a policy has $100,000 UM coverage for each vehicle, and there are two cars under the policy, a $200,000 policy limit would be provided. However, in the same scenario with a non-stacked policy there would only be a $100,000 policy limit. Although it may be a little more costly, it wise to buy stacked UM insurance if your insurance policy allows for stacking.
UM coverage is so important that Florida law demands that insurance companies offer it. In fact, if an insured party does not want to buy UM coverage then he/she must sign a waiver. UM coverage must be provided by the insurance company if they cannot provide a copy of this waiver. It is important to read your insurance policy carefully. You may be covered by the policy for the vehicle, or the policy of a relative or someone you reside with even if you don't have UM coverage. If you have any questions or concerns always consult with a South Florida Personal Injury/Accident Attorney.
If you have been injured by an uninsured driver, a claim under Florida’s Uninsured Motorist Law may be available to you. However, there are certain procedural steps that must be taken prior to making a claim. Failure to do so may result in losing the right to file the claim. Thus, it is imperative that you speak to an experienced Miami UM attorney as soon as possible.
If you have been in a car accident with an uninsured/underinsured motorist the South Florida UM attorneys at DRG Firm are here to help you. If you have any questions about your insurance policy, UM coverage, or have been involved in any kind of accident- do not hesitate to call us for a free consultation at 1.888.413.8353. Our dedicated staff is available 24/7 and can assist you with all aspects of your claim. Our staff is attentive and quick to respond to your needs and an attorney is always close at hand to take your call. Call us and make sure you get the compensation you deserve.