Here at the South Florida and Naples offices of Weinstein & Cohen, we can tell you without a doubt that insurance is of the utmost importance if you are involved in a serious accident with injuries, no matter who is at fault in the crash.
As Miami and Naples accident attorneys, we’ve seen firsthand the devastation caused by not being adequately covered. In previous posts we’ve discussed some of the most important facts on automobile insurance and uninsured motorist coverage, but now we’ll explain bodily injury liability coverage (BI) because of the confusion often surrounding the topic.
While most insurance coverage is purchased to protect the person buying the insurance, i.e. health insurance, BI coverage is purchased precisely so that if you cause an accident, your insurance carrier will pay, up to the limit of your policy, for the medical treatment of anyone injured.
However, in the state of Florida, you are not required to purchase BI coverage unless you’ve been convicted of a DUI. And while you may not be required to purchase BI in Florida, our accident lawyers at Weinstein & Cohen believe these are the reasons why you should.
Accidents happen all the time – no matter how safe of a driver you are. And if you cause an accident and do not have BI to cover the cost of the other driver’s injuries, then the injured driver can go after your assets including your business, investment properties, stocks, etc. Even if you don’t have assets, the Florida Financial Responsibility Law requires at-fault drivers that cause personal injury in an automobile accident must provide at least $10,000 per person and $20,000 per accident. So without assets or the money to cover the payments out-of-pocket, you could lose your license and even worse without BI coverage.
Furthermore, there are uninsured and underinsured drivers everywhere on the roads in Miami, Naples, Ft. Lauderdale, Palm Beach and beyond. In order to obtain uninsured motorist coverage in Florida, you must first obtain BI coverage. If you want to protect you and your family from other people’s negligence, you also have to protect other drivers from you and your family’s negligence.
If you or someone you care about has been injured or involved in a car or truck accident, contact the personal injury and accident attorneys at Weinstein & Cohen at 305-374-1011 or 239-793-3331, or visit fairnessforall, for an absolutely free and confidential legal consultation to learn more about your options.