What To Look For In An Auto Insurance Rate Comparison Florida

Auto Insurance Rate Comparison Florida

Auto Insurance Rate Comparison In Florida: The only way to get the best deal in your insurance is by performing an auto insurance rate comparison in Florida. Regardless of the type of coverage you are after, it is necessary to get quotes from several providers. You can get a free quote online by visiting the website of the company. By doing this, you are able to get the best price for the right plan to suit your needs.

If you own and drive a 4-wheeled vehicle in Florida. Then you need to have it insured by an accredited provider. The Florida Department of Insurance regulates such companies. Failure to comply with these rules can get your license suspended.

You may lose your driving privileges and even have your driving registration revoked for up to 3 years. You may end up spending hundreds of dollars if you are found liable.

Personal Injury Protection in Florida

Florida imposes a minimum coverage for Personal Injury Protection and Property Damage Liability. In some instances, you may be asked to have additional coverage for Bodily Injury Liability. This is required if you have been involved in an accident or if you get convicted for a particular driving offense. Florida does not require compensation for the vehicle of the policyholder, in case he is at fault in an accident.

Personal Injury Protection or PIP

Personal Injury Protection or PIP covers losses due to injury not considering who is at fault. This applies the person who was injured, including his passengers and relatives who live in the same household. This can be claimed by policyholders who get injured as a pedestrian, provided that a vehicle is involved. A bicyclist, for instance, can make a claim if he accidentally collides with a car.

Bodily Injury Liability or BIL

Bodily Injury Liability or BIL covers third party damages when the policyholder gets involved in an accident. This pays for accidents that lead to death or cause serious bodily injuries to the other party involved. It also extends to pay for damages caused, not just by the policyholder. But also by his family members who live in the same household.

Coverage is only up to the limit of the policy. It also includes legal representation if a lawsuit takes place. Depending on the agreement, BIL may also cover other persons who are authorized to drive the insured vehicle. Property Damage Liability or PDL covers property damages to third parties caused by the plan holder or relatives. Who lives in the same household.