What Does It Mean to Be Underinsured?
When people refer to you being underinsured, it means that your auto insurance coverage may not be sufficient to fully protect you in the event of an accident, especially if you’re involved with a driver who lacks adequate insurance. Given that Florida has one of the highest rates of uninsured drivers in the U.S., understanding and assessing your insurance coverage is crucial.
If you have questions about your insurance coverage or need assistance after an accident, don’t hesitate to connect with a legal team for guidance and support. Speaking with a Port St. Lucie Personal Injury Lawyer is a way to make informed decisions.
The Prevalence of Uninsured Drivers in Florida
Florida ranks among the top states for uninsured motorists. According to one report, over 15% of drivers in the state are uninsured, so nearly one in six drivers on the road. A high percentage of uninsured drivers means there is an increased risk of everyone on Florida roadways being involved in an accident where the at-fault driver lacks sufficient insurance to cover damages.
To determine if you’re adequately insured:
- Review your policy. Ensure you understand the types and limits of coverage you have.
- Consider UM/UIM coverage. While not mandatory in Florida, adding UM/UIM coverage can provide financial protection if you’re involved in an accident with an uninsured or underinsured driver.
- Evaluate your needs. Consider factors like your driving habits, vehicle value, and financial situation to decide on appropriate coverage levels.
- Consult with an agent. A professional can help tailor a policy that meets your specific needs and provides adequate protection.
Being underinsured in Florida can leave you vulnerable to significant financial burdens if you’re involved in an accident with an uninsured or underinsured driver. Regularly reviewing and updating your insurance policy and consulting with professionals can help ensure you’re adequately protected on the road.
Accidents with Uninsured or Underinsured Drivers
Of course, the reality is accidents are unexpected events. Even with a lot of planning you can find yourself in a situation you don’t want to be in. Should you be in a traffic collision with an uninsured motorist, your first priority needs to be your health and safety. Even if injuries seem minor, get evaluated by a medical professional.
Reporting the collision is key as well. Contact law enforcement to file an official report. This documentation is vital for insurance claims and potential legal actions. And while law enforcement will gather information, you should do your own data collection, too. Record names of witnesses, vehicle information, and take photos of the site.
Also, let your insurer know about the accident promptly. If you have Uninsured/Underinsured Motorist (UM/UIM) coverage, it may help cover expenses not paid by the other driver. And an experienced Port St. Lucie Personal Injury Lawyer can guide you through the complexities of filing claims and ensure your rights are protected.
Are you properly insured? Share the details of your situation following a car accident in Port St. Lucie, Fort Pierce, Stuart, or Vero Beach with the attorneys at Leifer & Ramirez. Call 561-660-9421 to book a consultation.
