Cheap State Minimum Car Insurance Florida
The residents of Fl are required by Florida law to have car insurance. If you have a car, Florida law requires you to purchase the minimum coverage amounts not only for personal injury protection (PIP) insurance, but also for property damage liability (PDL) car insurance.Fortunately, Florida counterbalances this coverage requirement through offering very low car insurance coverage minimums. In fact, cheap minimum car insurance Florida is the lowest in the country. Just read on and learn more about car insurance in Florida.
FL auto insurance requirements
If you’re in Florida, you should note that you’re in a no-fault insurance state. In the event that you’re injured in an accident, your insurance company pays the medical costs up to the limits of your policy, irrespective of who caused the accident.
Here are the minimum limits for car insurance in Florida:
a. $10,000 of no-fault or of personal injury protection or PIP insurance
b. $10,000 of property damage liability or PDL insurance
Personal injury protection or PIP insurance
Your Personal Injury Protection (PIP) insurance will cover your medical costs as well as income loss that will come from a car accident. Furthermore, your PIP insurance will also cover the following:
All members of your household such as your children and spouse among others
Your child when he or she is moving on a school bus
You when you’re involved in a car accident as a pedestrian or as a cyclist
All persons in your car who do not own a vehicle or who don’t have their own Personal Injury Protection insurance
However, those passengers in your car who have PIP car insurance are covered by their own policy in case they get an accident in your car. In the same way, you’ll be covered by your PIP when you’re riding as a passenger in another person’s car.
Property Damage Liability (PDL) insurance
Property Damage Liability or PDL car insurance in Florida covers you for the damages you might cause to another person’s property in a car accident. This is one of the importances of cheap minimum car insurance Florida since it ensures that no one goes uncompensated. So, if you damage somebody’s building or property in a car accident, PDL auto insurance will compensate them.
Violation Penalties and Fines
It’s important to note that it’s a requirement to have at least cheap minimum car insurance Florida and failure to comply with the law will attract hefty fines.
In Florida, it’s a requirement by the Department of Highway Safety and Motor Vehicles or DHSMV that your car insurance company should notify them electronically of a cancellation of your car insurance policy.
In case the DHSMV do not have a record of your present car insurance policy, then they will notify you by mail. The notification will give you a suspension date and in case you won’t be able to provide the Florida DHSMV a proof of insurance before the date of suspension, then they will suspend your registration, driving license and plates.
It’s advisable that you try as much as you can to provide proof of cheap state minimum car insurance Florida before the suspension date for you to avoid any penalties.
Other post you may be interested in reading: 5 Tips to Get a Cheap SR22 Insurance Houston TX Policy and How to Find Cheap FR44 Car Insurance in Florida?