While you are required to maintain car liability insurance in Boca Raton Florida, the state doesn’t compel you to maintain uninsured motorist coverage. However, it is in your best interests to understand how this type of insurance protection can benefit you. Before deciding whether or not to get the added protection, it may help to learn more about how this type of coverage works.
What is Uninsured/Underinsured Motorist Insurance?
When you’re involved in an auto accident that was caused by the negligence of the other driver, your vehicle damages and medical care should be covered by that driver’s car liability insurance in Boca Raton Florida. If they don’t have enough coverage or they don’t have insurance at all, you could be forced to cover your own damages. If you have uninsured/underinsured motorist coverage, that protection will cover the difference between what the driver can pay and the total cost of your damages.
What Does It Cover?
In general, uninsured/underinsured motorist insurance will cover the damages suffered by you and any passengers who were in your car at the time of the accident. This includes damages to your vehicle and other types of physical property. Additionally, treatment for the injuries you and your passengers suffered as a result of the accident will also be covered. Before this coverage kicks in, you will have to meet your deductible. Once you do cover the deductible, the coverage will pay out for injuries, pain and suffering, and lost wages up to the coverage limit.
How Much Coverage Do You Need?
As a general rule of thumb, you’ll want the same amount of uninsured motorist coverage as you have in liability protection. This ensures your damages will be covered if you do get into a car accident with an uninsured driver. In both types of coverage, you should have enough to cover vehicle repairs and medical treatment for common auto accident injuries. At a minimum, this should be $25,000 per person and up to $50,000 per accident. Increasing your coverage limits when it’s possible will give you added protection.
You Can Stack Your Coverage
If you own two or more vehicles, you can stack your uninsured/underinsured motorist protection together. This can save you a bundle on your premiums since you’ll be paying one price for coverage on multiple vehicles. This allows you to increase your overall coverage for property damages and bodily injuries in accidents involving uninsured drivers. For example, if both vehicles are insured for $50,000, you’ll have access to $100,000 in coverage for a single accident with one of those vehicles. The $100,000 is the total stacked limit on your insurance polity.
You can get help updating or changing your auto insurance by contacting All Risk Insurance Group. Visit us online at https://www.allriskinsurancegroup.com/car-insurance/.