Florida is a no-fault state, so the minimum limits for car insurance are different from those in other states. Be sure to talk to a licensed vehicle insurance provider, as they are very familiar with Florida's auto insurance laws and can help you choose the insurance coverage that's right for you. Property damage liability insurance covers damage that you cause to someone else's property during a car accident, such as cars, bicycles, fences, or any other structure. When deciding what type of car insurance to take out in Florida, remember that there is a minimum amount of coverage that all Florida drivers must maintain.
Even though Florida is considered a “no-fault” state, you can still be sued if you're found guilty after a car accident that causes serious harm, such as a permanent injury or a significant scar. The same is true for the other person involved in the car accident if their expenses are greater than their insurance coverage. If evidence of insurance is provided within twenty-four hours of the accident, a citation may be dismissed for not presenting proof of insurance. If you have suffered serious injuries in a car accident with an uninsured driver or your insurance policy cannot sufficiently cover the costs of a car accident caused by someone else, contact the Tampa car accident lawyers at Lorenzo & Lorenzo.
Understanding Florida's auto insurance laws is crucial if you've recently moved to the Florida area or are simply not familiar with the state's laws related to car insurance. FR-22 insurance is coverage that shows that, in fact, you have the minimum insurance coverage required by the state of Florida. A CARCO inspection is an auto insurance requirement in the Florida pre-insurance exam, which means that someone will physically evaluate your vehicle and record its condition before you can purchase insurance. While these types of vehicles don't need insurance, the State of Florida requires that all standard 4-wheeled vehicles maintain Florida's minimum level of auto insurance coverage.
PIP insurance generally includes a deductible, the amount you have to pay before the insurance pays. This means that if you are involved in an accident, regardless of who is at fault, your car insurance requirements in Florida will apply to pay the associated charges. Florida's car insurance requirements are quite low, making many drivers with minimal insurance economically vulnerable. Getting more auto liability insurance that covers other people's expenses when you cause an accident than Florida requires can help protect your finances if you are sued.