Uninsured motorist insurance covers you when you get in a crash with an at fault driver who does not have any bodily injury insurance (hence, an uninsured motorist). It also kicks in when an at fault motorist does not have enough bodily injury insurance – this is known as an underinsured motorist.
In Florida, motorists are not required to carry bodily injury insurance. Approximately 50% of the cars on the road do not carry bodily injury insurance. This is why uninsured motorist coverage is so important in Florida. Uninsured motorist coverage is there to cover your losses when you are involved in an accident with an at fault driver who has no bodily injury insurance.
Stacked vs. Unstacked Car Insurance in Florida
There are two types of uninsured motorist insurance – stacked and unstacked. At Canter Law, we recommend that Florida car owners buy stacked insurance, and here’s why:
When you own more than one car, stacked uninsured motorist coverage in Florida allows you to add – or stack – the cars onto your policy with two vehicles. For example, if you have $150,000 coverage per car on a stacked policy, you can stack the two cars for a total of $300,000 in coverage.
And how does stacked uninsured motorist insurance work in Florida when you only own one car? Here’s where stacked insurance really earns its value – when you are driving someone else’s car, stacked insurance “follows you” and covers you. When you are a passenger in someone else’s car, stacked insurance covers you.
What About When You’re on a Bike or Walking?
Stacked insurance in Florida even covers you when you are a pedestrian or riding a bike.
With non-stacked coverage, you are only entitled to benefits from accidents that take place in your insured car. If you are in an accident with a non-stacked policy, you will not be covered if the accident takes place in the one car you own that is not covered.
When you speak to your Florida insurance agent, be wary of the term “full coverage”. Full coverage may really be the minimum level of coverage required by Florida law. “Full coverage” is not a legal term – it can be defined many ways by insurance agents.
To summarize, when you buy insurance in Florida for you and your car, make sure you ask for stacked uninsured motorist coverage.
Do You Need a Personal Injury Attorney in Boca Raton?
If you or someone you know have suffered an injury in a car accident in Boca Raton, give Canter Law a call at 800-830-8386. We are here to help you. Your call is absolutely free – there’s no reason to wait!