Florida Auto Insurance: Laws, Quotes, Requirements
First of all, you should know that insurance is mandatory for each vehicle with at least four wheels registered with the State of California. The insurance premiums would depend on your driving and accident records, as well as on your age. This is not unusual, it’s an almost international rule to ask high risk drivers pay more for their car insurance, as they are more susceptible of filing a claim. However, as a rule of thumb, never forget to ask for at least three-four quotes before purchasing your policy.
Mandatory auto insurance requirements:
- Minimum coverage:
- $10,000 PIP (personal injury protection)
- $10,000 PDL (property damage liability)
- Minimum coverage for taxi drivers:
- $125,000 BIL (body injury liability) per person
- $250,000 BIL per occurence
- $50,000 for PDL (property damage liability)
- Insurance period: as long as a car has a Florida registration, it should also have Florida Insurance, even if the owner isn’t using it all year round. If you don’t want to risk a penalty, you need to surrender the car’s tag and registration at any tag office or driver license office in Florida, in case you decide to cancel your insurance policy.
If you fail to provide the proof of Florida auto insurance, reinstating your license would cost you a $150 – $500 fee, plus you’ll have to provide the proof of insurance. You can find more info on the official website of Florida Department of Highway Safety and Motor Vehicles.
For getting free online Florida auto insurance quotes from several companies, you can use this form.
admin @ September 17, 2009