Fundamental Know-How On Florida Auto Insurance
In Florida auto insurance is mandatory just like other states. You must be covered by an auto insurance policy to be able to own and drive any four-wheeler vehicle in this state. State law here provides for a minimum of ten thousand US dollars (10,000 USD) for personal injury protection and ten thousand dollar (10,000 USD) property damage liability coverage. This is mandatory as long as you have in your property a Florida license plate. Your vehicle may not be used frequently or you only drive it when on vacation in Florida, but, still, you have to have a Florida auto insurance policy covering you to be allowed to drive in the streets of sunny Florida.
Florida’s PIP (Personal Injury Protection) insurance covers a vehicle owner protection regardless of his fault. Whether he caused or is the victim of a car crash, the owner remains covered by this insurance. It covers also those passengers during the time of incident (family, etc) who does not own a separate vehicle. The good thing about the Personal Injury Protection (PIP) insurance is that it also covers your children while riding a bus, if you are in someone else’s vehicle, or if you are simply a pedestrian who accidentally becomes part of a vehicular accident that caused injuries on you.
This is part of the Florida Motor Vehicle No-Fault Law that protects the injured party regardless of the circumstances of his participation in an accident. Part of this state law is the PDL or Property Damage Liability insurance that covers damages incurred by you or your family members who might have caused damage to other people’s property in a vehicular accident. The Florida auto insurance law provides for a BIL insurance. The Bodily Injury liability or BIL insurance covers serious and/or permanent injury and death suffered by another victim an accident that you caused. The insurance provider will also represent you and provide legal counsel in case you get sued by an aggrieved party due to a road mishap. The BIL insurance covers you and your family (even if they were driving another vehicle) who may have caused injury to another. This also provides coverage to other persons whom you might have given permission to drive your vehicle and were involved in an incident causing bodily harm to another.
Insurance companies in Florida must be duly licensed by the Florida Department of Financial services. The Department of Highway Safety and Motor Vehicles is the one in charge in the suspension of driving privileges (which includes suspension of vehicle registration)
As with other state laws, the Florida auto insurance law is a means of protecting its citizens. Be aware of your insurance policy, Drive safely.