Auto Insurance Minimums Florida

If you recently relocated to Florida, you may not be aware of how Florida handles its vehicle insurance needs differently than other states. Auto Insurance Minimums Florida undoubtedly falls under the odd category when it comes to living in Orlando, Florida. We at Insurance Warehouses of America are ready to offer you our professional counsel.

Other US states mandate that drivers have liability insurance that covers both property damage and physical injury or death. Some also demand personal injury insurance (PIP).

Auto Insurance Minimums Florida

You must have insurance in Florida that covers property damage liability of at least $10,000 and personal injury protection of at least $10,000. (PDL). The distinction is brought about by Florida’s status as a no-fault state. This implies that you are both responsible for your own medical expenses, regardless of who caused the collision—you or the other driver.

This is covered by PIP. In the event of an accident, it will also protect the passengers you have in the car. PDL insures any damage to your car.

If you operate a taxi, it’s different.

A taxi driver in Florida is required to have separate insurance than a regular motorist with a non-commercial license. A taxi driver must hold PDL coverage of at least $50,000 and bodily injury liability (BIL) coverage of at least $125,000 per person, but double that amount – $250,000 per accident – in order to insure their cab.

Insurance Warehouses of America should be contacted.

Avoid using a vehicle without Auto Insurance Minimums Florida. For the auto insurance you require to safeguard your finances and adhere to Florida state law, get in touch with us. We may assist you in making your insurance more specialized by adding comprehensive, collision, roadside assistance, and PIP or BIL coverage. Call us right now.

Have a license plate from Florida? Whether you’ve lived in the Sunshine State for years or are a newcomer, you must have the appropriate insurance as a Florida driver in order to remain on the road legally.

Are you unsure of the type of coverage you require? It’s not just you. We’re going to go over the fundamentals of Florida’s financial responsibility minimums because of this.

Who requires Auto Insurance Minimums Florida?

Fortunately, this requirement is straightforward: you must obtain Florida auto insurance minimums if any of your vehicles have a Florida license plate or if you intend to register your car there.

The Department of Highway Safety and Motor Vehicles has the authority to suspend your driving privileges, as well as your vehicle’s license plate and registration, for up to three years, or until proof of Florida insurance is provided, whichever comes first, if you fail to obtain the state’s mandated coverage.

However, keep in mind that even if you don’t have Florida license plates, you’ll still need to get the bare minimum amount of insurance that the jurisdiction where your vehicle is registered requires.

What kinds of auto insurance coverage are necessary in Florida?

Every driver must have at least two types of coverage according to Florida’s auto insurance laws: property damage liability (PDL), which must be in the amount of $10,000 per incident, and personal injury protection (PIP), which must be in the amount of $10,000 per incident.

Additionally, there are some situations that can call for supplementary insurance:

You must also obtain bodily injury liability coverage in case you are involved in an accident that causes physical injury and are unable to pay the related costs (BIL). Similarly, if you have a DUI, you will need to obtain BIL.

The decision to incorporate additional coverage (such as collision and comprehensive coverage) in your policy beyond those three is entirely up to you, subject to any obligations imposed by your lease agreement or lienholder.

Finally, always have a copy of your insurance documentation in your car. Keep it in your wallet or the glove compartment of your car so that you can easily access it while driving.

Leave a Reply

Your email address will not be published.