Ocala Car Insurance Lawyer
Understanding Car Insurance
Like most other jurisdictions, Florida has a mandatory auto insurance law. That’s good news for victims, as this law increases the amount of compensation available. But the news is not all good. Florida also has one of the lowest insurance minimum requirements in the country. THat low requirement, as well as the different types of insurance, has a significant effect on wrongful death and many other legal damages claims.
The experienced Ocala car insurance lawyers at Piccin & Glynn do more than fight for victims in court. We do our best to give Ocala families the tools they need to navigate through complex problems and make the best possible decisions. As part of this mission, we want to point out that the types of auto insurance are more than just numbers on a declaration page. Insurance nuances can have a significant and lasting effect on your family’s well-being.
When the state of Florida says “auto insurance,” it really means “liability coverage.” These policies pay for both bodily injury and property damage that the other driver sustains in the event of an at-fault collision. If the tortfeasor (negligent driver) had a car that was more than five or six years old, the tortfeasor probably only had liability coverage. Fortunately, for car crash purposes, this type of insurance is often the only one that matters.
If the vehicle has a lien, most owners have collision coverage. Most lenders require such policies in order to protect the collateral. Collision coverage pays for damages to your vehicle if you were at fault for the crash.
Most lenders also require comprehensive coverage. It pays for non-crash-related losses, such as fire or theft losses. Like other types of coverage, vehicle owners must usually pay a deductible before the insurance company pays for any damages.
Uninsured/Underinsured Motorist Coverage
As the name implies, UIM fills in the payment gap if the tortfeasor was uninsured or underinsured. UIM coverage may also apply in hit-and-run accidents. Florida has the highest percentage of uninsured motorists in the country, so UIM often comes in handy in the Sunshine State. If we file a UIM claim on your behalf with your own insurance company and there is a dispute as to the amount, that dispute usually goes to arbitration instead of trial.
Personal Injury Protection/Medical Payments
Since Florida is a no-fault state, PIP is mandatory. This policy pays for additional medical expenses in excess of liability coverage. PIP may also compensate for other economic losses, such as physical rehab costs, lost wages, and babysitting services. In Florida, PIP usually pays for the bulk of these expenses, since the auto insurance minimum requirement is so low.
Medical payments coverage works in much the same way, except it usually applies to yourself and passengers in your vehicle. If you do not have medical payments coverage, and many people do not, don’t fret. Our attorneys can negotiate with medical providers to lower your costs, and also arrange for you to get treatment without paying anything upfront.
Team Up With Experienced Ocala Car Insurance Lawyers
Knowing the different types of insurance helps you decide what coverage level is best for your family. For a free consultation with an experienced car insurance lawyer in Ocala, contact Piccin & Glynn. Home and hospital visits are available.