While Florida law requires all motorists to maintain a certain level of insurance, the reality is that a staggering number of drivers simply ignore the statute and operate their cars without a policy.
Additionally, many drivers are "underinsured," which can be just as problematic if you are involved in an accident with, and have sustained damages because of, one of these drivers.
That is why paying a bit more money on your own auto insurance policy for "uninsured" or "underinsured" motorist protection can be extremely worthwhile.
It's all well and good to win either a settlement or a jury award after your Florida auto accident. But if the negligent party has no way to compensate you, then the amount of the award is effectively worthless.
For more information about uninsured or underinsured insurance matters, please watch attorney Bradley Pepper in this short video.
What Is The Purpose Of Obtaining Uninsured Or Underinsured Motorist Coverage?
If the at fault driver or the vehicle owner aren't properly insured, whether it's having no policy at all or they don't have enough coverage, then you're not going to be able to get full compensation for what your injuries are.
The best thing you can do is pay a little bit extra for your own insurance coverage, and get what's called under-insured or un-insured motorist coverage.
Now, the way that works is, it's a safety net and it kicks in if you're not able to get proper compensation from the other side.
Instead, you can actually go after your own insurance company and get compensation that way.