Florida Auto Insurance provides protection to vehicle owners against financial losses caused by an accident. Florida state laws make it mandatory for all cars that stay in the state for more than 90 days to carry Florida auto insurance. The Department of Highway Safety and Motor Vehicles (DHSMV) maintains a database of all registered vehicles and drivers and governs the laws and procedures of Florida car insurance. Florida State expects you as a resident to show that they can take financial responsibility for any incident in which you and your vehicle are involved. No-Fault Law and Financial Responsibility Law are laws stipulate the various requirements of motorists to operate a vehicle in Florida legally. These laws make it compulsory for derivers to carry minimum liability coverage.
It is also compulsory for people having auto insurance policies of other states to have auto insurance issued by the state of Florida. If anyone is found driving without carrying proof of having car insurance in Florida, the driver’s license will be suspended and the car’s registration tag in addition to a number of heavy fines sometimes including the reinstatement fee charges. Drivers who have inadequate or no insurance will get their driver’s license suspended for three years. To get back your license you must buy Florida auto insurance within the stipulated time and also submit a SR22 form to the authorities to prove that you have insurance. If you fail to do so within the allotted time, you will need to pay $150 to reinstate your license.
The government of Florida has some laws governing auto insurance for the drivers registered in the state. According to the state law drivers must have Personal Injury Protection (PIP) coverage for $10,000 along with the mandatory Property Damage Liability Insurance for $10,000. The PIP coverage takes care of medical expenses for you and the occupants of your car in the event of an accident.
Florida follows the ‘no-fault’ system which means that your insurance company will pay for your injury during an accident regardless of who is at fault. Under the provisions of this system your right to sue gets reduced to some extent. This payment is subject to a certain limit allowed by your policy.
Though it is not required by the state of Florida it is advisable to get Uninsured/underinsured Motorist Injury coverage to protect against damages caused by an uninsured or underinsured driver. You may also consider buying Comprehensive Florida car insurance or a collision cover to protect yourself from huge unwelcome expenses.
To find a low cost Florida car insurance you can do comparison shopping online. You can obtain and compare several quotes from licensed insurance providers in Florida to choose the best deal and save money. Almost all major insurancecompanies offer their services in Florida.