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What exactly does Florida uninsured motorist insurance cover?
Underinsured and uninsured motorist coverage protects drivers when the in Florida as the state does not require motorists to carry bodily injury coverage.
Why is uninsured motorist coverage required in states that require liability coverage?
UM (uninsured motorist) coverage is not required in all states that require liability coverage. However, UM is an important coverage in auto insurance because it steps in and pays for your bodily injury (medical expense, lost wages, and pain & suffering) when you are injured by a hit-and-run, uninsured driver, or irresponsible driver who carries low liability coverage on their auto insurance. In another word, UM is a coverage for you and people in your car guarding against the risk of irresponsiblly insured drivers - and there are a lot of them out there.
Does the state of Georgia only require liability car insurance?
The state of Georgia only requires liability and property damage coverage. You have the option to purchase additional coverage's. It is a good idea to purchase uninsured motorist coverage.
What does uninsured vehicle coverage cover?
If you are in an accident and it is the other drivers fault, this coverage will kick in if that party does not have insurance.AnswerWhile the foregoing is true as far as it goes, it is important to realize that in most contexts, uninsured motorist coverage refers to bodily injury protection and not to physical damage to the vehicle.In most States, uninsured motorist coverage as defined here is not a required coverage. However, many States do require that insurers selling a customer auto liability coverage offer the customer uninsured motorist coverage in the same amount as the liability coverage. The customer may reject it (thereby lowering the premium). However, if involved in a collision with someone who does not have bodily injury liability coverage, he/she may be without a source of recovery.Recovery under one's uninsured motorist coverage is similar to recovery under the third-party's liability insurance. That is, the insured has to demonstrate the existence of an injury that reaches any threshold of seriousness that the State law may require. Likewise, the same rules of negligence apply as in a liability claim, which may serve to reduce the insured's recovery. That is, depending upon the negligence theory to which the State adheres, the injured party's right of recovery may be eliminated or reduced according to his/her degree of fault in causing the collision. Examples of the various negligence theories are contributory negligence and comparative negligence.
Can I get motorist insurance if I am currently uninsured?
Yes you can get coverage. In fact all states require to have insurance so try and get coverage asap to avoid getting a ticket or suspended by the state. You may have to pay a higher premium but is required and mandatory,
Car insurance requirements for Kentucky?
No, Kentucky law requires you to have insurance that coverage the person/people/property that you hit. It does not require that you have coverage for your own self or vehicle. Uninsured motorist coverage takes care of any damage you receive from another driver who does not carry insurance.
Where do I get help to pay for my car accidents and insurance in hit and run?
Generally, you cannot, in the absence of collision or uninsured motorist coverage. If the hit and run driver is eventually identified you may be able to sue them personally. Both collision coverage and uninsured motorist coverage are "first-party" coverages, meaning that they cover your own vehicle. Collision coverage provides property damage for your own vehicle irrespective of fault for the collision. It is normally subject to a deductible, meaning there will be an amount that you will have to pay out of pocket. You will have to check your policy, or with your insurance agent, to see if you have the coverage, because it is generally not mandatory. That said, if the vehicle is financed, the entity through which you financed it may have required that you get collision coverage to protect the collateral. If you did not, the company that financed the car may have obtained "force-placed" coverage for you and charged your account the premium for it. Therefore, you should contact the finance company and determine if it did and if so, get the specifics on the coverage so that you can make a claim. Uninsured motorist coverage provides benefits to you if you were injured (usually there is a requirement of permanency, but state law controls) by the negligence of an uninsured driver. It does not provide any property damage benefits, so depending upon the damages that you sustained, it may be moot whether you have it or not. If your state requires you to maintain liability coverage on your car, it will generally also require that your insurer have offered you the chance to buy or to waive the purchase of uninsured motorist coverage.
Should you get uninsured motorist insurance?
Unfortunately, yes. Although the laws require every motorist to have adequate insurance coverage in order to register their vehicles, some will do just that and once they receive their current vehicle license, drop the insurance simply because they cannot afford it and eat, too. You should also get "under-insured" motorist coverage too ... some may have the absolute minimal insurance that simply will not cover enough of the expenses that are incurred by accident victims.
Why doesn't my state minimum coverage apply to uninsured unlicensed driver for damages to my vehicle?
Talk to your state legislature about this one. The state minimum coverage is designed to eliminate uninsured drivers but it doesn't do that does it. Most states only require that you carry liability coverage so that if you hit someone else then their vehicle and damages are covered but not yours. You are responsible to carry coverage to protect your vehicle, assets, and bodily injury.
What is the typical auto insurance?
"Typical auto insurance" is probably a misnomer. Most states require that certain levels and types of auto insurance maintained, but this is a matter of state law. There are also optional coverages that an auto owner may purchase. The primary types of auto insurance include the following: 1. Collision coverage: this pays for the physical repair to your own vehicle as a result of a collision either with another car or some other object. 2. Liability coverage: this pays for the damages for which you may be legally liable if the person or property of another is damaged by your negligence in operating a vehicle. If you or your insurer contest your liability, this coverage provides an attorney to defend you at its own cost. 3. Personal Injury Protection: this pays a portion of your own medical bills and lost wages if you are injured in a collision, even if it was your fault. In some states, it is known as "no-fault coverage". 4. Uninsured/underinsured motorist coverage: uninsured motorist coverage pays compensation to you if you are injured by the negligent operation of a vehicle by another and that person has no liability coverage (which would otherwise compensate you). Underinsured motorist coverage is triggered if their liability coverage is in an amount less than the "value" of your injury. Under certain circumstances (mainly, if you get your insurer's consent), you can accept the full liability limits of the at-fault driver, and collect the balance of the "value" of your injury from your own underinsured motorist coverage. The maximum amount that you can collect in uninsured/underinsured motorist benefits is the amount of coverage that you have purchased and for which you have paid a premium.
What does an insured driver do when hit by an uninsured driver?
Uninsured driversWhen I was hit by an uninsured motorist and it was their fault, my insurance company paid to fix my car. It's my understanding that they then sued the uninsured motorist for reimbursement. I was told that I could also file a small claims suit against the uninsured motorist for the deductible amount that I had to pay under my policy. So you have a choice; submit a claim to your company and then file a suit against the motorist to recoup your deductible, or don't file a claim with your company at all and go after the uninsured motorist in court for the complete amount. But chances are, if they can't afford insurance, then they won't be able to pay you either! If you only have liability coverage on your car, then taking them to court is obviously your only option. Keep in mind, most insurance companies require the uninsured driver to sign a statement that they have no insurance. If they don't sign, your insurance company will likely decline your claim and you will have to take the uninsured driver to court. Most insurance companies also offer an option to pay a little extra and you don't have to worry about that, your covered no matter what. So to be safe just add it to your policy.In the UK a body known as the Motor Insurer Bureau or MIB will meet the liability of an uninsured driver. You must make the claim against the uninsured river and you should notify the MIB. See the related link entitled "accident car insurance" for more details on how the MIB pays compensation.
Do Wisconsin and Tennessee require mandatory auto insurance?
Both Tennessee and Wisconsin require auto liability insurance in order to drive in the states. Wisconsin requires that you have liability and uninsured motorists coverage.
