Does Florida require uninsured motorist coverage?

Does Florida require uninsured motorist coverage?

Florida is a no-fault insurance state, which means that drivers are required to carry personal injury protection (PIP) coverage as part of their auto insurance policy. However, Florida does not require drivers to have uninsured motorist (UM) coverage. While UM coverage is not mandatory in Florida, it is highly recommended for drivers to consider adding this coverage to their policy to protect themselves and their passengers in case of an accident with an uninsured or underinsured motorist.

Uninsured motorist coverage provides financial protection to insured drivers when involved in an accident with a driver who does not have liability insurance or does not have enough coverage to fully compensate for the damages caused by the accident. In Florida, where an estimated 20% of drivers are uninsured, having uninsured motorist coverage can be a valuable addition to any auto insurance policy.

While uninsured motorist coverage is not mandatory in Florida, it is important to note that insurance companies are required to provide UM coverage to policyholders unless it is rejected in writing. The policyholder has the right to select the amount of UM coverage they desire, but it cannot exceed the limits of their bodily injury liability coverage. However, they may choose to reject UM coverage altogether.

There are several reasons why uninsured motorist coverage is highly recommended in Florida:

1. Protects against uninsured drivers: As mentioned earlier, Florida has a high percentage of uninsured drivers. Having UM coverage ensures that you and your passengers are financially protected if you are involved in an accident with an uninsured driver.
2. Protects against underinsured drivers: Even if a driver has insurance, their coverage may not be enough to fully compensate for the damages caused in an accident. UM coverage provides an additional layer of protection in such cases, ensuring that you are not left with hefty expenses out of pocket.
3. Medical expenses and lost wages: Uninsured motorist coverage typically covers medical expenses, lost wages, and other related costs resulting from an accident with an uninsured or underinsured driver. This coverage can be crucial in helping you recover from the financial burden caused by an accident.
4. No-fault insurance may not be sufficient: While Florida is a no-fault insurance state, which means that your own insurance will cover your medical expenses regardless of who is at fault, this may not be sufficient in cases of severe injuries or when the other party is at fault. UM coverage provides an extra layer of protection in such situations.

In conclusion, while Florida does not require uninsured motorist coverage, it is highly recommended for drivers to consider adding this coverage to their auto insurance policy. With the high percentage of uninsured and underinsured drivers in the state, UM coverage can provide crucial financial protection in the event of an accident. It is important for drivers to carefully review their policies and consult with their insurance agents to ensure they have adequate coverage.

Frequently Asked Questions

Yes, Florida requires uninsured motorist coverage as part of the state's mandatory auto insurance requirements.

Uninsured motorist coverage is an insurance policy that provides protection to drivers who are involved in an accident caused by an uninsured or underinsured driver.

Uninsured motorist coverage is required in Florida to ensure that drivers have financial protection in case they are involved in an accident caused by an uninsured or underinsured driver.

Uninsured motorist coverage in Florida typically covers medical expenses, lost wages, and other damages resulting from an accident caused by an uninsured or underinsured driver.

No, drivers in Florida cannot opt out of uninsured motorist coverage since it is required by law. However, they may be able to select lower coverage limits for this type of coverage.