In Florida, the car insurance requirements are as follows: $10,000 for personal injury protection, also known as PIP, and $10,000 for property damage liability, also known as PDL.
Floridians are not alone when it comes to having state-imposed car insurance requirements. All states in America require minimum car insurance requirement. While some people choose to satisfy these car insurance requirements by purchasing their policy through an insurance company, other people choose to be “self-insured,” or to put down a bond that will cover the amount of the car insurance requirements. How you choose to show proof that you have met your state’s car insurance requirements is up to the state.
In Florida, these car insurance requirements must be met by every driver or vehicle owner who wishes to register and purchase tags for his vehicle. No one can opt not to purchase the car insurance requirements by rationalizing he just will not register and tag his vehicle. Vehicles must be registered and tagged in order for the car to operate legally on the roads. The minimum car insurance requirements also apply even if you are not driving your car in Florida, or if your car is not operative. If your car is registered and tagged in Florida, you must have the Florida’s minimum car insurance requirements.
Sometimes drivers are required to purchase bodily injury protection, too; these cases usually fall into the hands of drivers who have been in an accident or drivers who have been convicted of an offense such as driving under the influence (DUI) or driving while intoxicated (DWI).
Before you begin your search for a policy that meets Florida’s car insurance requirements, make sure you are eligible to have that minimum coverage – not all drivers are. If you have borrowed money to purchase your new car, your lender will undoubtedly require you to purchase more than Florida’s minimum car insurance requirements until the debt is paid.
Daily Archives: March 11, 2010
What Are Florida Car Insurance Requirements?
New Car Insurance – How to Get the Cheapest Rates
So you just purchased the car of your dreams, or you’re about to, and you want to get the best new car insurance at the best rate. Here’s how to do it. New Car Insurance
When you buy a new car your loan company will require a certain amount of new car insurance to protect itself in case your car is damaged or stolen.
If you don’t get your own insurance, your loan company or dealer will get it for you and, believe me, it won’t be cheap. The last time I purchased a car the difference between my loan company’s insurance rate and the rate I got myself was more than $1,000.
So the first thing you need to do is go shopping for your own insurance and compare rates. Comparing Rates
The easiest and fastest way to get cheap rates is to go to a car insurance comparison site (see links below). Here you can get multiple rate quotes from a number of car insurance companies so you can compare them and choose the best rate.
Once you’re on the site you’ll be asked to fill out a questionnaire so you can tailor your insurance to fit your specific needs. As you fill it out you’ll be able to view a list of discounts and include them in your auto insurance policy.
Here are some new car insurance discounts worth considering:
* Raising your deductible by a couple of hundred dollars can save you hundreds of dollars a year on your premium.
* Installing an auto alarm and ant-theft device can get you a good-sized discount.
* Dropping unnecessary coverage like medical and towing coverage if you already have them will save you money. Comparing Companies
After you choose a car insurance company you want to make sure that company will give you good service, especially when it comes to paying your claims.
A good way to see how well a company treats its customers is to go to Epinions. com. Here you’ll find reviews of all the major insurance companies written by actual customers, plus testimonials on how they were treated and what their claims experiences were.
You can also go to your state’s insurance department website to see what claims have been filed against a particular company. If your state doesn’t provide this information, you can get it from the California Department of Insurance website – www. insurance. ca. gov.
Visit http://www. LowerRateQuotes. com or click on the following link to compare auto insurance rates from top-rated companies and get cheap new car insurance. You can get more car insurance tips by checking out their “Articles” section.
