In a perfect world, there are no accidents.  In a slightly less than perfect world, everyone has the insurance that they need to cover whatever accidents they may cause.  Unfortunately, we don’t live in even a slightly less than perfect world.  The reality is that even though insurance is usually required to be able to drive the roads, many do not carry it, as a personal injury lawyer Delray Beach FL trusts can attest.  In the abstract this is disturbing, but in reality, it is very frustrating, especially to the driver who is hit by an uninsured motorist.

The insurance world has taken into consideration that there will always be drivers who ply the roads without taking out the necessary amount of insurance on their 2,500 pound machine that can cause mayhem, destruction, and worse.  In 2012 that number was estimated to be one in eight motorists.  Let that sink in.

While it is tempting to simply play the odds of actually having an accident with one of those one in eight drivers, statistics may still not be in your favor.  And, to be sure, isn’t that what insurance is designed to cover – those remote events that are fairly uncertain but if they do happen can be catastrophic?  This is why insurance companies created uninsured motorist coverage for insured drivers.  You never know what the other person is carrying and finding out after they have caused a terrible accident, is not the best option.

The reality is that if you are in an accident with an uninsured driver who is at fault, you may still be the one on the hook.  This is true even if the person has insurance, but is only minimally insured.  Depending upon the state the car is insured in, the minimum amount of insurance to be able to legally drive may be laughable compared to the amount of damage they have inflicted.  Uninsured motorist coverage gives you the coverage that the other person should have had.  While your premiums may be higher because of the coverage, think of the financial headache that will be saved if you get into an accident with someone who is uninsured or underinsured.

The perfect world where everyone is fully insured does not exist. This is not even a world where your chances of getting into an accident with someone who is not fully insured is not negligible.  Thus, uninsured motorist liability coverage is not only beneficial to you, it is protection that you buy for yourself from the vagaries of others’ decisions.  Remember also that insurance is designed to cover not only damages to vehicles, but also damages to people including personal injuries and loss of income.

If you live in a state that requires that you purchase uninsured motorist coverage, you are already there.  If you live in a state that does not require that you purchase this insurance, you should seriously consider the benefits which will handily outweigh the costs.  Uninsured drivers are like natural disasters – they can strike at any time.  Be prepared and be insured.

The Law Office of Eric H. Luckman, P.A.Thanks to our friends and contributors from the Law Offices of Eric H. Luckman, P.A. for their insight into uninsured motorist coverage.

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