Ask just about any motor vehicle accident attorney in Tampa and he or she will tell you that UM/UIM insurance is a smart investment to make. Just what is UM/UIM insurance, and how can it benefit you as a motorist in Florida? UM/UIM insurance will protect you in the event that you are injured in an accident involving an uninsured motorist (UM) or an underinsured motorist (UIM). In Florida, it is estimated that as many as 1 in 4 drivers do not purchase car insurance despite the legal obligation to do so. If you are hurt in a serious car accident involving such an individual, you won’t necessarily be left footing the bill as long as you have UM/UIM coverage on your insurance policy.
The most important thing to keep in mind is that UM/UIM coverage can act as an additional source of financial compensation. You pay premiums on it through your own insurance company and it covers many different types of accident-related expenses, including hospital bills, car repairs, and lost wages or salary. Think of it as a supplemental form of car insurance that kicks in if, and only if, the other driver is un- or underinsured. UM/UIM coverage is also “stackable” in Florida, meaning that you can combine (stack) the coverage limits of two or more vehicles in your family.
To learn more, contact a motor vehicle accident attorney at the law firm of Clark & Martino, P.A. We are a boutique personal injury law firm based in Tampa, FL that serves the legal needs of auto accident victims and other severely injured people. Each of the partners at Clark & Martino, P.A. is board certified and also a member of the Million Dollar Advocates Forum.