Search results
Results from the WOW.Com Content Network
Uninsured or underinsured motorist coverage (UM): Uninsured motorist coverage pays for damage (up to the limit you carry) if someone hits you with no insurance or does not have enough insurance to ...
The average cost of car insurance in Florida is $3,594 per year for full coverage and $1,111 per year for minimum coverage. Florida drivers pay significantly more than drivers in the nation as a ...
Uninsured/underinsured motorist coverage. Protects you if you're hit by a driver who either has no insurance or whose liability coverage limits are too low to pay for your damages.
Uninsured/Underinsured coverage, also known as UM/UIM, provides coverage if an at-fault party either does not have insurance, or does not have enough insurance. In effect, the insurance company pays the insured medical bills, then would subrogate from the at fault party. This coverage is often overlooked and very important.
The insurance company will ordinarily pay the judgment, up to the policy limits, once a court determines that an uninsured motorist was at fault. Some states' laws also allow additional insurance coverage to the insured policyholder through policy stacking provisions, whereby a claim may be made against multiple uninsured motorist policies.
*Florida only requires PDL and PIP. Minimum BI limits are 10/20 if you do purchase coverage. Drivers who have caused an accident involving bodily injury or death or received certain citations may ...
Personal injury protection could also refer to personal injury insurance or coverage, which is insurance in any context which includes coverage for personal injury, particularly coverage for emotional distress (typically negligent infliction of emotional distress rather than intentional infliction of emotional distress), libel, or defamation as ...
Uninsured motorist is optional in Florida, however, so you may not carry it on your policy. Collision coverage : Collision coverage could repair the damage to your vehicle caused by a hit-and-run.