What is uninsured or under-insured coverage?
Uninsured or Under-Insured coverage is probably the single most important insurance you can buy. In Florida, a driver is required to carry PIP coverage which insures payment of medical bill and lost wages up to a minimum of $10,000. Beyond that, there is liability insurance that pays for the other person if you caused that person’s injuries. The Under-insured or Uninsured coverage pays for your injuries if the party at fault has too little insurance or no insurance. That’s extremely important if you were to be hit by someone like a convicted DUI who can’t get insurance and may or may not even have a license to drive.
