Florida Car Insurance: Easy Guide
FL to Auto Insurance
The state of Florida has the most unique laws for car insurance. We
strongly suggest you get a good idea on the minimum requirements of FL
state law before you purchase a car insurance policy.
strongly suggest you get a good idea on the minimum requirements of FL
state law before you purchase a car insurance policy.
Florida is a No Fault state, which means your insurance company is
required to pay for your injury claims regardless of who is guilty for
causing the accident. Specific laws under No-Fault vary from state to
state. Normally, under this system, you lose your right to sue the
guilty driver.
required to pay for your injury claims regardless of who is guilty for
causing the accident. Specific laws under No-Fault vary from state to
state. Normally, under this system, you lose your right to sue the
guilty driver.
Florida state law requires you to have property damage liability
coverage with a lower limit of $10,000 and personal injury protection
coverage (PIP) of the same amount. PIP pays for the treatment of
injuries to you and your passengers, lost wages and death benefits. If
the economic damages are less than PIP coverage, you lose the tort
claim.
coverage with a lower limit of $10,000 and personal injury protection
coverage (PIP) of the same amount. PIP pays for the treatment of
injuries to you and your passengers, lost wages and death benefits. If
the economic damages are less than PIP coverage, you lose the tort
claim.
However, if the economic damages exceed the liability coverage, you are
entitled to sue for permanent injury, significant disfigurement or
death. This coverage also covers pedestrians hit by a car whose driver
is insured. This is often referred to as PIP/PD.
entitled to sue for permanent injury, significant disfigurement or
death. This coverage also covers pedestrians hit by a car whose driver
is insured. This is often referred to as PIP/PD.
Though it is not mandatory under the state law to buy a minimum coverage
for bodily injury liability, you may have to get this if you have been
involved in an accident in the past.
for bodily injury liability, you may have to get this if you have been
involved in an accident in the past.
Many residents of Florida live in the state for only 6 months. They move
to other states during summer and come back only when fall sets in. If
you are one of these people, you need to maintain insurance of your car
as per Florida laws for as long as the car is registered in Florida. If
you don't want to do this, you can cancel your registration before
leaving and simply re-register your vehicle again when you return to the
state.
to other states during summer and come back only when fall sets in. If
you are one of these people, you need to maintain insurance of your car
as per Florida laws for as long as the car is registered in Florida. If
you don't want to do this, you can cancel your registration before
leaving and simply re-register your vehicle again when you return to the
state.
If you don't purchase the minimum insurance coverage as required by
state law, you will not be able to either get your car registered or
obtain a license plate. Driving your car without a proof of insurance
can land you in major trouble. If you are caught, your license may be
suspended for a period of three years and after the suspension period is
complete, you will be required to pay anywhere between $150 and $500 to
re-activate your license.
state law, you will not be able to either get your car registered or
obtain a license plate. Driving your car without a proof of insurance
can land you in major trouble. If you are caught, your license may be
suspended for a period of three years and after the suspension period is
complete, you will be required to pay anywhere between $150 and $500 to
re-activate your license.
Under the state law of Florida, it is not mandatory for car insurance
companies to offer Collision and Comprehensive coverage to customers.
companies to offer Collision and Comprehensive coverage to customers.
More information on Florida auto insurance can be found through the
Office of Insurance Regulation in Tallahassee by contacting their office
at (800) 342-2762 or visiting their website at www.StateofFlorida.com.
Office of Insurance Regulation in Tallahassee by contacting their office
at (800) 342-2762 or visiting their website at www.StateofFlorida.com.
The average car insurance premium for residents of Florida in 2009 is
$1,715. The current rate is 8% higher than that of 2008. If you know the
state requirements and your own needs for car insurance properly,
finding a policy that fits your budget is not very difficult. The next
step is getting quotes.
$1,715. The current rate is 8% higher than that of 2008. If you know the
state requirements and your own needs for car insurance properly,
finding a policy that fits your budget is not very difficult. The next
step is getting quotes.
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