Quick Florida Car Quotes insurance laws can seem like a mystery wrapped in a riddle. Florida, unlike most states does not require bodily liability coverage. It mandates Personal Injury Protection (PIP), and Property Damage Liability (PDL). The PIP covers your medical costs regardless of the cause of an accident. No-fault claims are meant to be faster, but they often leave drivers confused.
Minimum PIP coverage of $10,000 may seem reasonable until you consider how quickly medical costs can mount. While PDL requires the same $10,000 minimum as PIP, a single accident could easily exceed that amount when luxury vehicles are involved. You can’t plug a dam using chewing gum.
Why does Florida have its own rhythm? A high percentage of Florida drivers are uninsured. One in four Floridians drive without insurance. The no-fault law is designed to prevent minor accidents from filling the courts with lawsuits. For many drivers, however, it is like walking on a tightrope with no net.
It’s not enough to click on the first online ad. You may have to try several pairs of jeans before you find “the one.” Compare quotes from three or more different insurance companies. Variety is the spice for life! Consider more than just price; customer service, and handling of claims are also important.
Ask questions and haggle for discounts. You may have completed a defensive-driving course. This could save you some money on your insurance premium. Bundling auto and home policies can often result in additional savings.
If you are confident about your driving abilities and have money set aside for emergencies, consider increasing your deductible. Higher deductibles mean lower monthly rates, but you’ll have to pay more upfront in the event of an accident.
Prepare yourself if you have teenage drivers with you! Insurance for young drivers is expensive due to the lack of experience they have behind the wheel. And let’s be honest, their tendency towards risky driving doesn’t make matters any better! Many insurers will offer discounts to students who achieve high grades.
Floridians are also subject to Mother Nature’s wrath in hurricane season, which can impact your rates based on where you reside within this paradise state–or is it storm haven? The coastal areas are often the hardest hit by pricing, because…well…frontage views can be quite expensive!
Shopping around should not be done only once in a blue moon, but as part of regular maintenance like changing the oil or rotating tires. Keeping tabs on insurance rates annually will ensure that you get optimal coverage and at competitive rates. This is especially true since insurers often adjust their prices based on a variety of factors such as regional statistics and broader economic trends affecting industry.
The conclusion is… well, there’s not one. But hey! Hopefully now you have the knowledge to make informed decisions and protect your wallet while enjoying all that Sunshine State has to offer.