When everyone first got their driver’s license, their parents paid for Florida car insurance. Now that they have moved out, auto insurance is the driver’s responsibility. So, before anyone purchases car insurance in Florida, make sure they know what they are looking for when choosing the best policy for a budget.
Why Do You Need Florida Auto Insurance?
In most states, it is illegal to drive without insurance. If the police pull someone over and do not have insurance, they will have to pay a hefty fine. If caught multiple times without insurance, they might even spend some time in jail. Some states, like Florida, have no-fault insurance, according to https://floridainsurancequotes.net/florida-auto-insurance/. No-fault means that when anyone is involved in a car accident, even if not the one who caused the accident, each driver’s insurance pays for damages and medical bills.
Florida auto insurance companies usually list insurance coverage for injuries, property damage, and medical. When going over a policy, shoppers might see something like this:
- Bodily Injury Liability Coverage: $100k per person, $50k per accident
- Property Damage Liability Coverage: $50k per person, $50k per accident
- Medical Payments Coverage: $10k per person
These numbers are in case there is an accident. Instead of suing the driver, they will sue the insurance company. Most insurance companies will settle for a certain amount of money. For example, what if someone accidentally hits the gas instead of the brake and runs into their neighbor? Do not worry! The car insurance will cover his medical bills. However, only as long as it was an accident. You have more significant problems than auto insurance.
What about if a car gets stolen? Auto insurance in Florida will cover that, too. They will either pay for a replacement or give the cash difference between an old car and a new car. Florida car insurance also covers what is inside the car, such as the stereo. What about natural disasters? Auto insurance has everything covered. Suppose the car takes an unscheduled trip to the land of Oz via a tornado. Insurance will cover that spin. It really could be anything.
The Cost Of Florida Car Insurance
Auto insurance in Florida gets better with age, according to https://floridainsurancequotes.net/florida-auto-insurance/, meaning the older everyone gets, the cheaper the rate. Drivers under 24 expect to pay the most anyone will ever pay for auto insurance at around $2000 a year. However, if they have a perfect record—the more accidents or tickets anyone has, the higher the rates. When we turn 25, a magical thing happens: drivers are deemed responsible, and carriers lower the cost to around $700 a year. The rates do not change until drivers reach the age of 55. Then, the rates decrease by about $200 a year. Auto insurance is mandatory in Florida, so everyone always needs coverage. Therefore, why not get a quote today?