Florida Car Insurance – Auto Insurance Quotes in FL
It seems like a new auto insurance company pops up every week. This is often beneficial to policyholders and drivers because it means that yet another company is competing in the market, resulting in cheaper car insurance rates; however, this isn’t always the case. As a result it is still vital to have the ability to easily compare dozens of the best car insurance companies in order to find the cheapest car insurance in Florida.
At MyCarInsuranceRates.com, we have just the tool to help consumers find the best, cheap car insurance they need. However, if you live in Florida, you might first be interested in reading the following information on state car insurance requirements, liabilities, laws and regulations.
Florida Car Insurance Requirements
Florida has rather unique requirements for car insurance, although it does have the typical minimum requirements for liability coverage. What is different about Florida car insurance is that it is classified as a no-fault state, making the rest of its requirements quite different from other states in the U.S. In a no-fault state, it does not matter who is at-fault in an accident. Regardless, your auto insurance provider has to pay out on your injuries, as does the other driver’s. The state’s requirements also make allowances for personal injury protection, or PIP, policies.
MyCarInsuranceRates.com can help explain that type of policy and show you many others that can meet Florida’s auto insurance requirements. Just enter your zip code to find the best car insurance companies to work with in your state.
Understanding Florida Car Insurance Liabilities & Coverage
As a no-fault state, Florida’s minimum car insurance requirements for liability coverage and other types of coverage are less than the dollar amounts required in many other states. The state requires that every driver have property damage liability insurance, including public and private property repairs and claims, covering at least $10,000.
In addition, personal injury protection (PIP) coverage, which helps pay for any medical and health expenses for both drivers and their passengers, is required under Florida state auto insurance laws. This coverage protection must also be able to cover a minimum of $10,000.
Florida Insurance Coverage:
- Property Damage Liability: $10,000 Limit
- Personal Injury Protection (PIP): $10,000 Limit
Florida car insurance also differs from other states in that it doesn’t require uninsured/underinsured types of policies, although these are recommended.
Florida Car Insurance Laws and Regulations
The laws for Florida car insurance are clear cut, beginning with the requirements for liability coverage, known as a PIP/PD. Anyone who registers their vehicle has to have auto insurance, and must have proof of their policy at all times. Anytime a policy lapses or gets canceled, your car insurance company is bound by law to let Florida’s Department of Highway Safety and Motor Vehicles (DMV) know. If you do not have adequate car insurance, your driving privileges may be suspended for as long as three years. Reinstating a license in such cases can cost anywhere between $150 and $500.
Average Florida Car Insurance Rates
The average annual car insurance rate for the United States as a whole was $1,538 for 2010; that comes out to $128.17 per month. In Florida, however, 2010 had an average annual rate of $1,674, or $84.48 each month. The state’s auto insurance rates saw no real change between 2010 and 2009, although in general, Florida has seen an increase in car insurance rates over the last few years.
However, that does not mean that it’s impossible to get a discounted car insurance. On the contrary, MyCarInsuranceRates.com can help you compare different auto insurance companies to get the best deal on car insurance quotes and coverage. We can also help you put together an auto insurance policy that best suits you and your family’s needs.
Florida Car Insurance Quotes
Car insurance rates in Florida are higher than the national averages. Between 2008 and 2009, rates in the state underwent an increase of 5%. However, MyCarInsuranceRates.com renders the increase almost negligible as we provide auto drivers with the ability to shop around and compare rate quotes offered by auto insurance companies, such as Nationwide, Allstate, GEICO, Progressive, 21st Century Insurance, Liberty Mutual, State Farm, Farmers Insurance, AAA and AARP. This ensures that consumers get the best car insurance quotes, rates, and coverage every time.
In many cases, we help drivers save hundreds of dollars a year getting cheap or discount car insurance in Florida. MyCarInsuranceRates.com makes it incredibly easy and quick; all you have to do is enter your 5 digit zip code, some basic personal information to find the lowest auto insurance rates in under 5 minutes.
Just enter your zip code to begin a car insurance quote now.
