The Importance of Ensuring You Have Proper Insurance Coverage on Your Auto Policy

Auto insurance can provide a financial safety net after a car accident or damage-causing incident. Working closely with an experienced agent to tailor your car insurance coverage to meet your needs and get favorable rates is crucial.

Is Auto Insurance Required in Florida?

Florida’s laws mandate minimum dollar amounts of specific types of car insurance coverage for all drivers. This requirement helps manage the potential financial impact of vehicle-related incidents.

Florida requires the following coverage:

• Personal injury protection (PIP)—This policy may help cover medical expenses for you and your passengers in case of an accident, regardless of who is at fault.
• Property damage liability—This coverage is also a requirement in Florida and may help cover damage caused to another person’s property in the event of an accident.

How Do Auto Insurance Policy Limits Work?

Some auto insurance policies have dollar limits, which is the maximum amount an insurance company will pay for damages that the policyholder is legally responsible for in an accident. If the cost of a claim exceeds these limits, the policyholder must pay the difference out of pocket.

While state minimum liability insurance requirements ensure legal compliance, they may not offer sufficient financial protection—especially in serious accidents where damages can quickly exceed these minimum limits. Your agent may recommend higher coverage limits to provide appropriate financial protection.

What Are Additional Auto Insurance Options?

While meeting the state’s minimum requirements is essential, exploring additional coverage options can offer broader protection. Your lienholder may require full coverage insurance, which typically includes collision and comprehensive insurance if you lease or finance your vehicle.

Uninsured motorist coverage can help pay for your injuries if you are in a car accident as a driver or passenger and the at-fault driver does not have enough bodily injury liability insurance to pay for your damages.

Finding the Right Car Insurance in Orlando, FL

Choosing the right car insurance involves assessing various factors such as coverage needs, budget and vehicle type. The Florida Insurance Group can help you evaluate your situation and provide an auto insurance quote. Obtaining a personalized quote can help you understand the cost implications of different coverage options.

Our team is committed to helping you find a car insurance policy that meets Florida’s legal requirements and aligns with your personal coverage needs. Contact us today for a personalized car insurance quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.