The Sunshine State is renowned for its beautiful white-sand beaches and moderate temperatures, making it a popular tourist spot year-round. This means that Florida highways are always crowded with residents and tourists alike, increasing the chances of Floridians being involved in an automobile accident. Because of this it is extremely important that all Florida motorists carry at least the minimum required insurance for their vehicles. CarInsuranceQuotes.com is dedicated to helping Floridians get the cheap car insurance quotes online so they can stay on the road safely and legally all year long.
Because of the popularity of Florida as a tourist paradise, the chances of being involved in an accident are higher than many other states. This is one of the contributing factors that has caused insurance premiums for the state to be higher than most. While the average cost for Florida car insurance premiums has dropped slightly from $2105 in 2006 to $2080 in 2007, it is still much higher than the national average of $1896. Of course, the actual insurance premiums people pay will vary higher or lower than the average depending on their driving record, credit history and the vehicle they own.
Florida Car Insurance Requirements
To lower the frequency of lawsuits filed by Floridians and help keep insurance premiums as low as possible, Florida is a no-fault state. No-fault states require each individual’s insurance company to cover their expenses regardless of who was at fault in an accident. Because of this policy, the state of Florida requires that every motorist carry Personal Injury Protection (PIP) in the amount of at least $10,000. PIP covers the insured’s medical expenses, lost wages or death benefits in the event they are involved in an accident.
There are exceptions to the no-fault policy, however. If the property damage exceeds a certain value or the injury to the opposing party is found to be too severe, the at-fault party can be sued for the cost of the damages. For this reason, Florida also requires its residents to carry Bodily injury liability coverage of $10,000 for a single person up to a maximum of $20,000 if more than one person from the other vehicle are injured as well as $10,000 of property damage liability to cover any physical damage to the other vehicle, and other public and private property that is damaged.
The minimum coverage required by the state of Florida may not cover the costs of medical expenses and property damage in the event you are involved in an accident so it is recommended that Floridians carry more than the required minimums. Comprehensive and Collision insurance is also recommended to cover damages to your vehicle in the event that you are found to be the at-fault party or your vehicle is damaged by a natural event or wildlife.
It is important to note that not all states are required to carry sufficient liability insurance, and since Florida is such a tourist hot-spot, it is highly recommended that Floridians obtain Uninsured/Underinsured motorist protection to help pay the expenses in the event that the other party’s insurance is not sufficient or they are involved in a hit and run.
CarInsuranceQuotes.com understands the high cost of maintaining a vehicle and that it is important for Floridians to find the lowest possible insurance rates possible. That is why CarInsuranceQuotes.com has partnered with companies like Progressive, Allstate and esurance.com to find you the cheapest online quotes from car insurance companies you can trust. And getting your online quotes is easy. After entering your Zip code and answering a few questions about your driving history, CarInsuranceQuotes.com will find you multiple Florida car insurance quotes from our partner companies so you can decide which insurance policy is best for you. All in under five minutes.