Car Insurance Florida
Car insurance is a type of insurance that helps protect you, your vehicle, and others involved in a car accident. In the state of Florida, all drivers are required to have a minimum amount of car insurance coverage.
The minimum car insurance coverage required in Florida is:
- $10,000 for personal injury protection (PIP)
- $10,000 for property damage liability (PDL)
Other states require auto insurance policies to have hight higher limits. This poses a problem with all the snowbirds that want to leave a vehicle in Florida to use it for part of the year. Sometimes it is hard to find insurance for cars in two states.
Personal injury protection (PIP) coverage helps pay for medical expenses, lost wages, and other related expenses for you and your passengers, regardless of who was at fault in the accident. Property damage liability (PDL) coverage helps pay for damages you cause to another person’s property, such as their vehicle or a fence, in an accident you are at fault for. When I talk to people about PDL, I explain to look at the prices of cars around me. Do you have enough coverage to pay for one of those vehicles, or do you need to change that amount?
In addition to the required coverage, you may purchase additional coverage, such as collision coverage, comprehensive coverage, and uninsured/underinsured motorist coverage. Other coverage options are roadside assistance, towing, and rental car reimbursement.
Collision coverage helps pay for damages to your vehicle if it is involved in a collision with another car or object. Comprehensive coverage helps pay for damages to your vehicle caused by something other than a collision, such as theft, fire, or natural disaster (flooding, hurricane).
Uninsured/Underinsured Motorist Coverage
Uninsured/underinsured motorist coverage helps pay for damages if you are involved in an accident with a driver who does not have auto insurance or does not have enough insurance to cover the damages. I curse every time I see my auto insurance bill, and I have to pay for uninsured motorists. But then I see the other side of it where frequently someone has been hit by an uninsured motorist. I don’t have the exact statistic, but the percentage of people on the roads of Florida who do not have insurance is very high.
Shopping for Auto Insurance
Shopping around and comparing auto insurance quotes from different companies is essential to find the best coverage and price for your needs. Some factors that can affect the cost of your car insurance in Florida include your age, driving history, type of vehicle, use, home ownership, and location. Don’t be afraid to stay with your current auto insurance carrier; sometimes, it makes the most sense.
In Florida, you must always carry proof of insurance in your vehicle. If you are pulled over by a law enforcement officer and cannot provide proof of insurance, you may face fines and other penalties. It is also essential to regularly review your auto insurance coverage to make sure that it is still adequate and meets your needs. Your auto liability limits should be enough to cover any at-risk assets that you may have.
How Can I Save Moolah
You can save money on your auto insurance by bundling it with your home insurance and flood insurance. You can also ensure you are not distracted driving, keeping claim activity low. Fraudulent claims are driving up the cost of insurance; make sure you are not falling for a sketchy windshield place. Look at your driving usage (miles you drive per year), and your purpose is correct with the carrier. It might make sense to look at a half a year policy versus a whole year.
We want to help you find the most appropriate auto insurance coverage to provide you with peace of mind at the lowest cost.
Overall, auto insurance is an essential financial protection for drivers in Florida. It helps cover the costs of damages and injuries resulting from car accidents and can provide peace of mind while on the road.
Florida car insurance is not cheap, generally speaking; when my family moved down here, our rate more than doubled what we were paying with Liberty Mutual in Washington. However, they couldn’t compete with what we have now down here. I know you don’t want to hear that auto insurance isn’t cheap, but I’m not going to lie to you and say you can get something you can’t.
When comparing auto insurance carriers, make sure you are comparing apples to apples and not needlessly deleting much-needed coverages. I recommend taking the time to learn about the various coverages instead of shopping solely on price alone.
Brian is a licensed insurance agent based in Florida with over 15 years of experience. Give him a call or text at 352-508-4221.