Quote:
Originally Posted by bimmertl
It's estimated that 20% of drivers in Florida are uninsured. That's why UM insurance isn't cheap.
It covers much more than medical bills. Damages from accidents include money for pain and suffering, disability, death, etc. UM coverage pays for all elements of recovery caused by and uninsured, or underinsured driver.
Consider the claim of the woman cyclist injured by a hit and run 95 year old. She suffered devastating injures which will last a lifetime. This could happen to anyone. Underinsured coverage will at least minimize her damages to some extent
So you need both uninsured and underinsured coverage to protect you and your love ones from such a loss. It's a must have coverage in Florida for sure.
|
Sorry, but I don't agree. Most people don't have enough uninsured motorist coverage to pay for the things you mentioned, or to get a good lawyer to take your case. In most cases, the uninsured motorist coverage would be wiped out paying for the medical bills when you already have medical insurance to cover your bills. It's redundant. For pain and suffering, you would need to sue your own insurance company, which I would never do. I have plenty of medical coverage to pay for my own medical bills, and that is all I need. What is the point of paying for insurance that I would never use?