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Posted on 09.01.09 9:37AM under DAMAGE CONTROL, INSURANCE, INSURANCE FOR CYCLISTS, MOTORCYCLES
Florida is a “no-fault” state, which means that motorists must carry minimum insurance of at least $10,000 in personal injury protection (PIP) to reimburse accident related medical bills. This requirement does not apply to motorcyclists. A motorcyclist must either carry health insurance or pay accident expenses out of his/her own pocket. With the rising costs of health care, an accident can be financially devastating.
This may not be new information for the experienced rider, but the rider may believe they can recover against the motorist who caused the accident. However, the economic downturn means more motorists than ever are driving without insurance. It is believed that one-third of drivers do not have insurance. Add to this the fact that Florida does not require a driver to carry bodily injury liability coverage (the insurance that pays for injuries you cause to someone else) and it is clear the roads are very dangerous indeed.
In order to protect yourself, it is necessary to carry uninsured motorist coverage. This provides coverage when the other driver has no insurance or cannot pay your damages. In addition, if you own more than one vehicle, you should also make sure the uninsured motorist coverage is stackable.
If you are not sure of your insurance coverage, we are happy to discuss your insurance situation. The time to act is now– before you discover that you don’t have the coverage you need.
Mary Ann Morgan
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