The CARCO inspection is a pre-insurance inspection of the car that is required in Florida, which means that someone will physically check your car and document its condition before you can purchase an insurance policy. The final insurance policy premium for any policy is determined by the insurance company upon application. The proof of insurance is basically a document that shows that you have an active auto insurance policy that meets the minimum state requirements. On the other hand, property damage liability is insurance that covers expenses related to damage that you or someone driving your insured vehicle caused to someone else's property.
Property damage liability insurance covers repairing or replacing other people's property in a car accident that you cause, whether it's someone else's car, a handrail, or your neighbor's prized mango tree. Since the state is a no-fault state, your insurance company can cover expenses related to damage caused by anyone driving your car and any medical expenses you may incur. Florida's car insurance requirements are quite low, making many drivers with minimal insurance economically vulnerable. Learn about Florida's car insurance laws and requirements to learn how much coverage you need to drive legally.
Florida has the most expensive car insurance rates in the country, which is surprising because it also has some of the lowest car insurance requirements in the country. The following explanation is provided to demystify your insurance options and to help you understand why certain types of insurance are the best way to protect yourself and others. Whether you're a Florida driver buying car insurance for the first time or checking that you have enough car insurance, here's what you need to know about auto insurance laws and requirements in the Sunshine State. The question of how much car insurance to buy is difficult to answer because it becomes a personal decision, which is often based on the finances of each individual or family.
There's a big difference between how much car insurance Florida drivers should have and how much they actually need to have to truly protect themselves and their families. As a no-fault state, Florida's auto insurance laws state that all drivers who operate a motor vehicle must have at least the minimum coverage requirement. Florida drivers can show proof of insurance with an insurance card or electronically through their insurance company's smartphone app.