However, injuries sustained in an accident can cost thousands of dollars without this insurance. UM pays you for injuries caused by a car accident in which the at-fault driver is uninsured (uninsured) or underinsured (underinsured) (underinsured). The relatively large population of people in both age groups in Florida contributes to the high overall costs of insurance in the state. The DMV may require drivers with poor driving records to also purchase bodily injury liability (BIL) insurance coverage.
UM coverage can be used when you, your family members, or the driver of your car didn't cause the car accident. The Florida Department of Motor Vehicles (DMV) estimates that one out of every seven drivers in Florida is uninsured. While health care costs in the country are generally high, Floridians pay more than average. Comprehensive coverage is coverage that covers a wide range of unfortunate events that could happen to your car.
The average cost of car insurance has increased across the country, and auto insurance rates in Florida are following the same pattern. Florida auto insurance rates are high for several reasons, including state laws on no-fault auto insurance, exposure to risk due to extreme weather conditions, the average profile of drivers, and the number of uninsured drivers. Several factors explain why car insurance in Florida is so expensive, such as busy roads, additional insurance requirements, high health care costs, uninsured driver rates, and the risk of adverse weather conditions. We'll be happy to discuss this with you and provide you with quotes to add or change your coverages.
The important factors contributing to this change are the state's busy highways, additional insurance requirements, high health care costs, high-risk drivers, uninsured drivers, and extreme weather risks. In Florida, coverage for uninsured drivers is optional coverage that you can purchase in your own car insurance policy.