No two states in the United States are identical when it comes to auto ins laws. It’s very important to fully understand the Florida auto insurance laws when you purchase a policy so that in the event of an accident or a traffic stop that you are fully protected in following all appropriate laws when you are driving in the State of FL.
Minimum Florida auto insurance law requirements
At the bare minimum all drivers must carry the following coverage to meet the minimum requirements. Drivers must have bodily injury coverage of at least $10,000 for single drivers and for two or more people the coverage requirement is $20,000. In addition to bodily injury coverage all drivers must have at least $10,000 liability coverage for any property damage. Additional requirements come into play when there are DUIs, accidents or if a driver’s license has been suspended.
FL Car Rental requirements
Renting a car means that driver must still meet the minimum requirements. Florida auto insurance laws still apply to rental vehicles. When renting a car in the State of FL each renter must make sure that they have the minimum coverage still either by buying from the rental car policies or have a rental car rider on their personal policy.
FL penalties for no coverage
The State of FL clearly outlines the requirements for what is required. If you let your policy lapse then the state can suspend your driver’s license. When your driver’s license is suspended this also means that your vehicle registration is suspended as well. There are penalties that must be paid before both can be reinstated so it is important to make sure there are no lapses in your policy if you reside in the State of Florida.