The most common amounts of uninsured/underinsured motorist coverage required by states that mandate it are $25,000 per person and $50,000 per accident, the same as most states’ liability coverage limits.

How does uninsured motorist coverage work in Florida?

In Florida, Uninsured Motorist Coverage is an optional coverage you can purchase on your own auto insurance policy. UM pays you for injuries caused by an auto accident where the at-fault driver is uninsured (has no insurance) or under-insured driver (not enough insurance).

Is it worth it to get uninsured motorist coverage?

If you can afford full coverage insurance, uninsured and underinsured motorist coverage is generally worth it. In most cases, UM/UIM coverage costs much less than liability, comprehensive or collision insurance. We recommend having it on your policy.

What happens if you don’t have uninsured motorist coverage in Florida?

Uninsured motorist bodily injury (UMBI) coverage pays for your medical bills if you are in a crash caused by an uninsured driver. If you don’t have UMBI, health insurance will normally cover these bills. UMBI also involves fewer out-of-pocket costs for the policyholder than health insurance in the event of a collision.

What’s the maximum coverage limit for uninsured motorist?

This coverage limit number is the maximum total payout for all property damaged in a single accident. As an example, if you chose a limit of $10,000 then that would be the most your policy would pay to repair your vehicle if you were hit by an uninsured driver.

Can you get more than the uninsured bodily injury policy limit?

To get the uninsured motorist bodily injury policy limits, your UM claim needs to be worth the limits. In some cases, you may be able to get more than the uninsured motorist insurance limits if the insurer acts in bad faith.

Do you need collision or uninsured motorist property damage coverage?

As long as uninsured motorist property damage coverage is optional in your state, you can probably skip it if you have collision coverage, as both pay for damage caused by a driver without insurance or without enough coverage. But there are some differences.

What happens to an uninsured motorist in a car accident?

Uninsured motorist coverage protects you if you are ever in a car accident with an at-fault driver who does not have auto liability insurance. When an uninsured driver is at fault in a car accident, the insured’s insurance companies are usually responsible for the damages.