Florida Auto Insurance Rates Online: No-Fault Coverage
Florida is considered to be a true no-fault auto insurance state. Personal injury protection coverage is required to be carried and those hurt in a car accident must make claims through their own insurance coverage first before seeking damages from a third party. There are also restrictions on lawsuits. There is a verbal or descriptive threshold that is applied to determine whether or not a lawsuit can be filed in a given accident.
Florida Auto Insurance Rates Online: Mandatory Coverage
The state of Florida requires you to carry property damage liability in the amount of at least $10,000. In addition you are required to carry personal injury protection or PIP of $10,000. This is to cover your medical expenses if you, a family member or even a passenger are injured in a car accident regardless of who is at fault. Carrying higher limits of both is highly recommended.
Florida Auto Insurance Rates Online: Other Types of Coverage
Uninsured motorist coverage is recommended by most people in the insurance field because of the fact that throughout the country, there is a shockingly high percentage of drivers who are uninsured. In fact, Florida is in the top 5 for estimated uninsured motorists on the roads.
Comprehensive coverage must be carried if you have a vehicle which is financed. If your vehicle is not financed you should still carry this protection from theft, fire, vandalism and other perils if you cannot afford to easily replace your vehicle. Comprehensive coverage is very important in Florida because it is the third worst state for motor vehicle thefts, with more than 50,000 cars stolen in 2009.
Collision coverage is also important to carry for those who can't afford to easily replace a vehicle damaged or destroyed in an at-fault accident. It is also the other type of obligatory coverage for those with financed vehicles.
Shopping for Florida Auto Insurance Rates Online
Before you take out a Florida auto insurance policy, get quotes from a variety of companies. Compare both prices and the companies themselves prior to making your choice. You can save yourself a lot of money and a lot of headaches by doing your homework. Let InsuranceBestPrices.com help you find the ideal Florida auto insurance rates online today. Click here.
