What Is Florida’s Minimum Requirement For Auto Insurance?

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What Is Floridas Minimum Requirement For Auto
Insurance?
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• If youre unfortunate enough to be involved in a
  car accident, your auto insurance policy will
  help you cover the costs of medical bills,
  personal property damage and legal fees, and due
  to its importance, many states hold legal
  requirements about the amount of insurance you
  need to carry.
• Do all states require auto insurance?
• While not all states require their citizens to
  have specific auto insurance specifications, all
  of them require that you accept financial
  responsibility, meaning that you need enough
  money in assets or savings to pay for any damages
  that you cause. Naturally, most people dont have
  100,000 sitting around in their bank accounts,
  making the need for auto insurance, a given.

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• Many states require you, by law, only to have
  bodily injury liability and personal property
  liability, with full coverage not made into a
  legal requirement by most.
• Read on to know more about the minimum auto
  insurance requirements in Florida
• Bodily injury coverage per person is set at a
  minimum of 10,000 this is the maximum amount of
  money that insurers will pay for each person you
  injure in a car accident.

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• Bodily injury per accident is set at 20,000
  this is the maximum amount of money that your
  insurer will pay per accident if there was more
  than one person in the car you hit or caused a
  collision with.
• Property damage per accident is set at 10,000
  this is the maximum amount your insurer will pay
  out to help you repair the damage you have
  caused.
• Which states are at-fault or no-fault, and what
  is the difference?
• Florida is a no-fault state, meaning that no
  matter who is considered at fault in an auto
  accident, everyone involved must pay for their
  damages. States such as Florida, require you to
  purchase personal injury protection and medical
  payments coverage.

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• Once youve done that, you are free to make the
  choice to purchase additional coverage.
• However, most states are at-fault, which means
  that whoever is deemed responsible for causing
  the accident and any ensuing damage, is the one
  who pays the costs. These states require you to
  have liability coverage and may also need you to
  have uninsured motorist coverage, too.

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• If you only have the minimum coverage required by
  your state, is it enough?
• If youre involved in a serious car accident, one
  in which people are grievously injured or whose
  death is caused as a result, then theres every
  chance your states minimum requirements wouldnt
  cover the medical and/or funeral costs. Not only
  that, but if litigation costs ensue, your
  liability coverage could quickly diminish.
• Many people purchase only what is minimally
  required of them by their state, and while that
  may prove enough for some, is it worth taking the
  risk?

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• With many insurers offering attractive insurance
  premiums, discounts and deals, it might be worth
  talking to your insurer to check that you have
  ample coverage in case of an accident, which
  lets face it, can happen to any one of us, at
  any time.
• We Insure Miami was founded on the principle that
  every individual and business, big and small,
  have assets and valuables that need to be
  protected and insured against forces outside of
  our control. We offer Homeowners, business and
  auto insurance in Miami FL. Our agents understand
  that you work hard every day to protect your car,
  home, business and family. WE are passionate
  about Insurance and passionate about serving you.
  If you are looking for homeowners or business or
  car insurance quotes in Miami, contact us for a
  quote or a complimentary review of your insurance
  policies.