Florida Automobile Accident Insurance Coverage

Car insurance companies offer different types and levels of coverage options, each with different levels of coverage. In the state of Florida it is mandatory for all registered vehicles to have a minimum coverage of $10,000 personal injury protection (PIP) and $10,000 property damage liability (PDL). As you know in today’s economy 10K is not a lot of money when you take into account the costs of medical bills from serious personal injuries. It is very risky and not recommended to only purchase the minimum when getting an auto insurance policy.

Liability Coverage

In the state of Florida a vehicle owner is required to have the basic minimum liability insurance. Liability insurance typically covers property damage and injuries to other people involved in the accident if you are at fault. The amount of coverage listed and explained in your insurance policy and can be different from policy to policy and insurance company to insurance company. Liability coverage will cover bodily injuries and medical expenses it will also cover loss of wages. Liability property damage covers repairs or replacement of items damaged in the accident. Your vehicle is not covered under liability policies.

Collision Insurance

Collision insurance covers the damage that happens to your own vehicle, no matter who was at fault in the accident. After an accident your insurance company will assess your vehicles damage and will make a decision to pay to fix your car or "total" your car. This is normally based on the amount of damage to your vehicle versus the actual cash value of your vehicle. If your vehicle is totaled or considered a total loss, you will get the actual cash value for the car, not the replacement value of your car. This amount is determined by the replacement value minus the automobiles depreciation.

Comprehensive Insurance

Comprehensive coverage covers your vehicle from claims that are not a result of a car accident. It normally covers for losses due to fire, vandalism, theft and natural disasters. Normally you will have a deductible which is listed in your insurance policy.

No-fault Insurance

The state of Florida’s no-fault law basically deals with medical payments. This is when the insurance company covering you will pay for your bodily injury claims no matter whose fault it was in the accident. The damage done to your vehicle is normally and should be covered by the driver who is at-fault in the accident.

In Florida the no-fault insurance law requires that you must have received a very serious injury or major disfigurement and or even death before a claim can be made.

Personal injury coverage

Personal injury protection covers you while in your vehicle or while you’re in someone else’s vehicle. Accidents that happen the state of Florida personal injury covers you and the other members of your household as well as some licensed drivers who may drive your car with your permission. It only covers you and the members of your household when a crash or accident happens outside the state of Florida.

Uninsured and Underinsured Coverage

Uninsured and/or Underinsured insurance coverage covers you for your injuries and damages to your vehicle if the other person in the accident is at fault and has no insurance.

Supplemental Insurance

Supplemental insurance is when you have added on coverage for thinks like towing, rental cars, and roadside repairs.
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