What You Need To Know About Florida Auto Insurance Minimums
If you have relocated to Florida from another state as most retirees tend to do, or if you have come to the fine State of Florida for other reasons like school or work, there are some things you need to know about Florida auto ins. that may be different that what you are used to. In other states like New Hampshire, there are certain guidelines that do not always make it necessary to have certain types of coverage at all, but not so in Florida. We put together some things you need to know to make sure you understand what is required so you are not out of compliance with regulations.
What Is Required for Personal Injury Protection
Aside from the usual collision coverage that protects you if you impact someone else’s car and cause damage, there is also personal injury protection that needs to be considered so that if you or someone in the accident is injured, that you are protected from loss and you are not sued for damages. The State of FL regulations have their own requirements for minimum coverage that you need to be aware of.
The absolute minimum coverage that you as the automobile owner can have is $10,000 per person who is injured. In some cases, depending on what kind of coverage you buy, you can have personal injury protection deductibles of over $2,000 so be sure you understand what needs to be covered and what kinds of policies you can obtain that will minimize your out-of-pocket expenses. Less coverage purchased may mean a lot more money out of your wallet in the event of claim. If you injure a pedestrian or a bicyclist, those types of accidents are covered under your personal injury coverage, you are also covered if someone commits a crime of bodily injury to you in the event of road rage or a car-jacking. […]