Mark Roman | December 10, 2018 | Car Accidents
When it comes to auto insurance coverage in the state of Florida, not many people fully understand what is available to them, what laws require them to carry, and why it’s so important to understand what your policy offers.
Understanding the different types of auto insurance coverage can help you have more knowledge regarding what to expect if you are ever involved in an accident. Here are the different types of coverage you should be aware of.
- Personal Injury Protection Insurance: This type of insurance is helpful in covering your part of medical expenses and lost income, as well as your children and other members of your home, children when riding on a school bus, your own damage in the event of a pedestrian or bicycle accident, and other passengers in your vehicle who don’t have PIP coverage of their own.
- Bodily Injury Liability: When you’re being sued for damages suffered by another party in a car accident, BIL helps to pay for the injuries of other individual. This has a coverage limit based on your policy and may even be used to pay for the legal costs of hiring a lawyer if you are being sued.
- Uninsured Motorist Coverage: You may have heard of too many instances in which a person sustains an injury in a car crash where the responsible driver doesn’t have insurance, or they drive way? This type of coverage can help you. Opting to have this insurance means you can receive compensation from your own insurance company, even when someone else isn’t at fault.
- Umbrella Policies: These policies are designed to have a high limit of coverage for liability protection. For instance, umbrella policies are beneficial should someone sustain injuries on your property, or if you are at fault in a car accident. This can help protect you when liability amounts get into the hundreds of thousands.
When it comes to insurance coverage, knowing what policies offer is very important and protecting your own rights can go a long way in knowing what to expect when you are involved in an accident.
When you are the party injured in an accident because of someone else’s negligence, our Clearwater car accident attorneys at Roman & Gaynor are here to help. We’re dedicated to standing by your side every step of the way.
Contact us at (727) 877-1212 today to discuss your potential options.