Browsing: Car Insurance in Florida

When looking to buy automobile insurance, seeing all the different options can make life a little confusing. With several different companies offering several different products each, how are you supposed to know which policy best suits your needs? What’s bodily injury liability coverage? Do you need collision coverage? Today, we’re going to answer some of the most common questions regarding automobile insurance and how you can choose a policy that’ll suit your needs both now and long into the future. What Is Bodily Injury Liability Coverage? Although we trust in our abilities as a driver, all it takes is one lapse of concentration and an accident can be caused. With bodily injury liability coverage, this is a feature in an insurance plan that pays out when you’re responsible for injuries caused by an accident. Not only will it pay for…

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Inѕurаnсе hеlрѕ in рауing fоr еxреnѕеѕ thаt rеѕult frоm major or minоr ассidеntѕ whеn two vеhiсlеѕ collide. It thеrеfоrе can be vеrу confusing аѕ to how tо аррrоасh compensation whеn уоu realize thаt the other driver invоlvеd in thе car accident hаѕ no insurance оr whаt thеу hаvе is not еnоugh уеt they аrе responsible for the оссurrеnсе. Aссоrding to rеѕеаrсh, it is ѕаid thаt 12.6 реrсеnt оf drivеrѕ nаtiоnwidе аrе uninѕurеd. Thаt mеаnѕ one in eight drivers ѕhаring thе road with уоu dоеѕ nоt hаvе аutо inѕurаnсе. Mаnу mоrе people аrе underinsured. Thоugh аlmоѕt all ѕtаtеѕ rеԛuirе mоtоriѕtѕ tо carry liаbilitу insurance, ѕоmе drivers do nоt оbеу those lаwѕ, some carry very limitеd inѕurаnсе, аnd ѕоmе аrе viѕiting frоm places with diffеrеnt inѕurаnсе rеԛuirеmеntѕ. If you get into a ѕеriоuѕ соlliѕiоn with аn uninѕurеd driver, уоu could inсur ѕubѕtаntiаl…

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Florida’s Insurance No-Fault Rule – The fault line in Florida’s insurance laws revolve around two required insurances: personal injury protection (PIP) and property damage liability. Every driver is required to carry both of these insurances. Property Damage Liability, required at a minimum of $10,000, pays for the damage caused to another person’s property through your motor vehicle accident, including a fence or landscaping. PIP coverage, known as no-fault coverage, is a crucial part of the insurance mix. In Florida, car owners are required to have a minimum of $10,000 in PIP insurance, although there are some recommendations that the coverage extend higher. PIP insurance will cover medical bills for the driver, family members and anyone who was a passenger in the vehicle when the accident occurred. The “no-fault” relates to the claim’s payout: A PIP claim in Florida is designed…

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