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What is required to drive on Florida roads?

As a resident of Florida, you are required to show your ability to financially responsible for any mishap that involves you and your car. For legally operating a vehicle in Florida, you need to abide by Florida’s insurance law and No-fault law. Use CarInsuranceQuotes.com to request customized results and to determine which policy better matches your needs.

Proof of Insurance

  • You may purchase a liability policy from a licensed policy provider.
  • Obtain an insurance certificate by posting a surety bond with a Florida licensed car insurance policy provider or by depositing cash or securities with the Florida Department of Highway Safety.
  • Obtaining a Self Insurance Certificate from a major insurer and present proof of having a substantial amount to compensate for all losses.

Florida Car Insurance Law

The law extends coverage for crashes where you are at fault provided you have the following to be eligible for the coverage.

  • $10,000 for one person in bodily injury liability
  • $20,000 for two or more people in bodily injury liability
  • $10,000 per crash in property damage liability
  • $30,000 in combined single limits
  • $10,000 per person/crash in personal injury protection
  • $10,000 per crash in property damage liability

No-Fault Law

The No Fault law covers you against incidents where no bodily injuries have occurred. For this coverage you require

Why do you need to compare car insurance quotes?

Car insurance quotes are based on diverse factors. Request several quotes and compare the options. Different providers might offer you different discounts.

  • Age- senior citizens may often need to pay less for their policy
  • Car Theft- If you live in an area with high car theft, expect your premium to be higher.
  • Credit History – If you have loans then there is a probability companies charge you with a higher premium.
  • Driving History- A good driver with minimum record of accidents needs to pay less for covering a vehicle.
  • Gender- Women might pay less for protecting their car as they are considered to be better and disciplined drivers.
  • Location-If you live in a area prone to earthquake, fire, vandalism or car theft,  you might need to pay more.
  • Used vs. new vehicles- Newer vehicles are costlier to repair and are prone to theft. The cost of their repair or replacement is often higher than that of the used vehicle.

You may get discount on the auto insurance quotes if you

Have a good driving record

  • Academic record (for young drivers)
  • Installed safety or anti theft equipment in your car
  • Successfully completed a vehicle safety course
  • Are a senior citizen

Coverage offered by auto insurance companies in Florida

  • Bodily Injury Liability-covers for the loss suffered by the victim in the accident when you are at the fault.
  • Collision Coverage – Florida auto insurance policy’s collision covers your vehicle against the loss suffered due to an accident.
  • Comprehensive Coverage- This type of coverage compensates against the loss incurred to your car due to vandalism, theft, fire earthquake etc. Basically, for  reasons no related to collision.
  • Fire and Theft Coverage- this is a part of comprehensive coverage that compensates for the loss suffered due to fire or theft.
  • Gap Insurance-it is best for those who are involved in buying or leasing of vehicles. It bridges the different between what you own and the cost of your car. You can name: car loan pay off insurance too.
  • Liability Coverage-It pays off for the cost associated with the physical and property damage to the victim in a crash for which you are found responsible. This cover is not extended for your injuries.
  • Pay-Per-Mile Coverage-This is the most cost effective car insurance policy where your premium is decided on your driving habit. The less you drive, the less you pay.
  • Personal Injury Protection Coverage-It covers for the medical expenses in case of a car crash regardless of fault.
  • Physical Damage Coverage- covers your vehicles against all damage incurred to its bodily for any reason.
  • Property Damage Liability-It helps you repay for the damage that your car caused to somebody else’s property.
  • Rental Car Insurance- The rental car insurance policy protects you against the expenses that you may have to bear if a car rented by you is lost of damaged.
  • Underinsured/Uninsured Motorist Coverage-It helps you protect yourself from uninsured or underinsured drivers on the road.

What if you do not have insurance?

If you don’t have insurance in Florida, you are asking for trouble. The FDHSMV have been empowered to suspend your driver’s license, registration, privileges and license plate for as long as three years unless you are able to show up with enough proof of your car insurance coverage along with paying a license reinstatement fees ranging between $150-$500.