Auto Insurance in Florida
Do you live in Florida and drive a car? Are you sure you have proper insurance coverage? Without asking, none of us would know for sure. That is why we compiled that information here for everyone’s education. The fact is, the State of Florida has some specific requirements for driving on their roads. What are those requirements?
We are so glad you asked!
Florida Insurance Laws
The State of Florida requires all vehicles with four or more tires to have Florida Coverage. Florida is a no-fault state, however, in February the Florida House of Representatives crushingly passed a bill to replace the No-Fault policy that has been in effect since 1972 with a new plan.
The current minimum requirement says that motorists have to carry:
- PIP – Personal Injury Protection coverage
- PDL – Property Damage Liability coverage
The PIP part is where the No-Fault comes into play.
PIP covers you, your child, certain passengers, and members of your household regardless of who caused the accident. Passengers must not own a vehicle and lack their own PIP insurance. The issue with this is that if you are not at fault you still pay higher insurance premiums for the claim.
The new legislation is looking to eliminate that.
If a driver has a history of being in an accident or have a conviction for certain felonies, the DMV (Department of Motor Vehicles) can require that driver to purchase additional insurance like Bodily Injury Liability (BIL) coverage.
Bodily Injury Liability coverage will pay for permanent injury/death when you are at fault. It also provides legal representation for you if you need it.
So, if you are going to drive in Florida, you need to make sure you are covered.
Wrapping It Up
Vehicles are required to have Florida Coverage. This means that the insurer must be licensed by the Florida Department of Financial Services (DFS). Pritchards And Associates Inc. is one of those insurers.
With offices in Okeechobee, FL, it is easy to stop in and get a quote for auto insurance. You can also call our Okeechobee, FL office or visit their website. Check us out today.