Did You Sign Away Your Most Important Auto Coverage?

When you purchase auto insurance, your agent may ask you if you want to lower your premium. Other times, you may be looking to save money and ask your agent to cut anything ‘extra’ that you don’t really need. In the flurry that follows you will sign a form rejecting Underinsured/Uninsured Motorist coverage. Although it does save you some money, it is usually not a significant savings and could cost you dearly if you are in an auto accident.

It is estimated that as many as 25% of Florida drivers are uninsured. If they have insurance, they are not required by Florida law to carry Bodily Injury (BI) coverage. BI is the type of coverage that would pay for your injuries if you are the victim of an auto accident. However, it is estimated that over 25% of Florida drivers do not carry BI coverage.

What type of coverage can pay you a lump sum settlement if you are injured in a crash by a driver who doesn’t have BI coverage? Uninsured Motorist coverage is the answer. Double check your policy today. If you do not have Uninsured/UnderinsuredMotorist coverage call your agent or insurance carrier and ask for it to be added today.

Underinsured/Uninsured Motorist coverage can pay you a lump sum settlement for your medical bills, lost wages and pain and suffering if the person who caused the accident is uninsured or underinsured. In the aftermath of an auto accident,the last thing you want to be worrying about is who will pay your medical bills and lost wages.

© 2017 Chelsie M. Lamie, P.A.

logo-footer