Florida, the ‘Sunshine State, has some interesting car insurance rules for motorists. Like most drivers, a Florida motorist wants a car insurance policy that is good, as well as affordable. At present, the population of Florida stands at roughly 20 million. With each passing year, add about 10% to that. This has led to road congestion and an increase in the number of accidents along with auto thefts. There is no alternative to auto insurance and rates are skyrocketing like never before. But, never fear, you can get coverage for your vehicle at a reasonable rate provided you look for car insurance in the right way and in the right places.
Auto Insurance Quote-Florida: State Requirements
It is mandatory for motorists in Florida to have car insurance under its no-fault legislation. No-fault is designed to lower insurance costs by eliminating much of the complicated legal process. Under the provisions of the law, motorists are required to ensure their own protection, but in the event of an accident, they cannot sue the other driver. No matter who is at fault, a motorist will claim for his/her damages from his/her insurance company.
As per state law, a motorist must have coverage of at least $10,000 for Personal Injury Protection (PIP) and $10,000 for Property Damage (PD).
The flip side is that though this coverage makes you legal, it cannot be considered adequate if the accident is a serious one. In finalizing your Florida car insurance, I recommend PIP/PD of at least $100k/$100k. Be aware that any injuries or damages in excess of your coverage will be paid from your pocket.
Auto Insurance Quote-Florida: Other Important Coverage
PIP and PD only apply to your medical expenses and the property damages that you may inflict. Consider protection against these additional perils:
- Collision – Insures your car for collision damages.
- Comprehensive – Covers your vehicle for theft, as well as damages caused by fire, Mother Nature, and vandalism.
- Bodily injury – Insures for injury to other parties for which you are responsible.
- Gap insurance – Covers the excess of the loan balance on your auto and the amount recoverable through your collision policy.
Auto Insurance Quote-Florida: Shop Around
If you act and decide wisely, you can save a lot when you shop for insurance in Florida. Always compare when you shop and use free websites like Quote Wizard and 2Insure4Less. You fill up a form one time and three to four quotes would be sent to you. You choose the best after comparing quotes.
Auto Insurance Quote-Florida: Potential Savings
However, keep these things in mind when you are in the process of deciding on auto insurance:
First off, insurance companies provide huge discounts for a clean driving record. If you qualify, make sure it is considered in the quotes you are reviewing.
A higher deductible will reduce the cost of your collision and comprehensive coverage. $250 and $500 are the most common amounts, but $1,000 is becoming more popular. What amount are you prepared to pay out-of-pocket for each accident?
If you drive an older, depreciated car, think about eliminating collision and comprehensive coverage.
If you are a senior and have not completed a course on mature drivers, consider it now. Florida regulations mandate that senior citizens taking this course to be given lower rates for 3 years.
Consider adding safety features to your car. Many companies offer lower rates for self-adjusting seat belts, anti-lock brakes, airbags, and anti-theft alarms.
Car Insurance Performance:
Joe Goodman is the creator of Car Insurance Performance [http://carinsuranceperformance.com], an info-rich website that discusses how to find auto insurance that is right for you & your car…at the fairest possible price.
Home insurance policies in South Florida can be a little tricky considering the problems there like hurricanes. When you ask your agent for insurance quotes Florida premiums may come back with a higher price tag in order to compensate for the danger factor of the area.
A quick search on the Internet for home insurance agencies will turn up several choices for the South Florida area without having to leave your home. They will ask a few basic questions and give you quotes for free. This is a good place to start. The largest insurance companies will have requests for quotes right on their websites. Filling out their quote requests can be done in just a couple of minutes.
To save a little time you can narrow your search to just a few of the agencies that sound the most interesting. Take into consideration their location, their devotion to their customers, and their mission statement. The closer you find an agency to where you will be located the better it will be if you ever do need to file a claim. The closer the agency the quicker they will be able to respond to your request.
It is always a good idea to make a list of questions that you will want to ask the agent. You will probably want to ask about hurricane coverage, premium changes, and any other issues that you might be concerned about for your particular property like is the garage covered or the porch.
Once you have a good idea about a couple that you think will be a good fit, make a call to the company. If the agent is willing to answer all your questions in a direct way and their attitude is pleasant, this is an indication they will be a good agent. Be sure to evaluate your policy every two years or so to be sure you do not end up paying too much or that your changing needs are covered.
It’s easier than ever to get insurance quotes in Florida, but there may be some points you want to consider, which could help get you a better rate than you might have thought. More than a couple of things can work in your favor if you know what to look for while getting information. Let’s take a look at some ideas.
Time can work in your favor because each time you get a year older, it could put you in a cheaper rate bracket. Time can also erase some of your old driving record offenses. It could be a good idea to investigate these matters to make sure you are not being overcharged.
Liability coverage may be required by some state law, depending on where you live, and if it is, you will have to comply with the minimum. Liability, only, policies have choices of limits and if you have other financial worth, you might want a higher limit of payout on this type of policy. Liability is intended to protect you against loss, too.
Collision and comprehensive coverage both have deductibles and maximums which you may be able to adjust in lowering your premiums. Collision only covers damage to your vehicle, while comprehensive covers such things as a loss by fire, theft, and collision with a large animal. It also covers some natural disasters and malicious mischief, if not caused by a family member.
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