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How Florida Auto Insurance Works

None of us wants to pay more than we have to in life. We’d rather save our money or at least spend it on things we prefer. But there are some things that we simply must invest in and Florida auto insurance from a website like this, is one of them. If you don’t understand why or don’t know how auto insurance works in the state of Florida, keep reading for a simple explanation.

Liability Insurance

Like all forms of insurance, the auto variety is more of an umbrella term. There are many different types of insurance that fall under this one. So having Florida auto insurance can mean an array of different things. However, one form of auto insurance everyone must have is liability insurance. This simply means if damages happen, you’ll be able to pay for it (minus your deductible).

In Florida, it’s mandatory you carry this type of insurance and it’s easy to see why. If you were to hit someone’ car and it wasn’t their fault at all, you’d be held responsible, right? But if you don’t have the funds to pay for their repairs, that’s going to be a real issue.

The Three Numbers

Most agencies will quote you prices for your Florida auto insurance by listing 3 numbers. You may have seen this before without knowing what it meant. The 3 numbers represent separate parts of your quote.

The first number refers to how much the agency will pay, in thousands, for each person hurt in the accident (besides you).

That second number signifies the most the policy will cover for an accident. Keep in mind this is per accident, so the number is how much will be available each time you get in one.

Finally, the last number is how much you can expect to reimburse you for property damage.

Again, these are all in thousands of dollars.

Other Types of Florida Auto Insurance

While that all refers to liability insurance, there is more to your auto coverage than that, as we mentioned.

Collision and Comprehensive

As you probably figured out, collision insurance protects you when your car gets hit. Obviously, that collision will cause damage that will cost you money. But that’s not the only way your automobile can get damaged. There are other things like fires, floods, theft and more. That’s where comprehensive lends a helping hand.

Uninsured Motorist Insurance

Although it’s very irresponsible, the truth is, many people decide to drive without insurance. They might have the best of intentions—like they have a job and lack funds—but if they hit you, you’re going to be up a creek with no help from their insurance agency. This is where uninsured motorist insurance comes in hand.

If you need Florida auto insurance, there’s a lot to consider. At the very least, you’ll need liability coverage. But there are plenty of other versions besides the ones listed above that you might need. So be sure to research a reputable agency and then sit down with them to find out which types are best for you.

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Florida RV Insurance

RV-Insurance

Florida RV Insurance

When you love to travel, you need to make sure that your RV is fully protected.  Florida RV insurance will make sure that you are legal when you are taking your trips, as well as protected in the event that you are involved in an accident.

When you are choosing RV insurance, you need to make sure you are aware of the limits and coverages you need.  Below you will find the information you need to ensure that you know exactly what each type of coverage means, and how it protects you when you need it.

Collision Coverage

Collision insurance is the type of coverage that pays for the damages that occur if you are involved in an accident.  This coverage pays for damages that are incurred if you hit someone else’s vehicle, some hits you, or your vehicle flips or is somehow damaged.  This type of Florida RV insurance is generally a requirement if you are leasing or financing your RV.

Comprehensive Coverage

Comprehensive coverage is the portion of your insurance that pays for damages that occur due to theft of the vehicle, a fire, something falling on your vehicle, or riots or other incidents of civil unrest.  Additionally, this coverage will also provide for damages that occur due to acts of nature, such as flooding, earthquakes, tornados, and the like.

Bodily Injury/Property Damage

Liability coverage, which is also called Bodily Injury/Property Damage, is coverage that pays for injuries to another person that are the result of your actions.  If you hit someone else, this coverage will pay their medical bills and damages to property that are incurred after the accident.  This type of coverage is not a requirement in Florida, however, if you have ever failed to pay for your responsibilities to another party after an accident, it will be a requirement.

If you choose to add liability coverage, the minimum coverage is typically $10,000 (bodily injury coverage for one person)/$20,000 (maximum allowable for all people injured in an accident)/$10,000 (maximum payable for property damage in an accident).  As you can see, these minimum coverages are not likely to cover all of the monies needed to pay everything that might need to be payed in the event that you hit someone else.  For this reason, it is recommended that you increase these coverage limits to ensure that you are better protected.

Medical Coverage

Medical coverage pays for medical expenses that are the result of an accident in your RV.  This coverage also covers funeral costs in the event that someone is killed in an accident.  The coverage will pay reasonable amounts for medical, dental, surgical, or chiropractor costs, as well as nursing or prosthetics that are required if there are severed limbs or other serious injuries.  This type of Florida RV insurance is not a requirement, but it does provide additional protection for you and your finances.

Uninsured Motorist Coverage

Uninsured motorist is insurance coverage that pays for any bodily injuries that are the result of an accident that involves a driver that did not have insurance when they hit you, or a driver that hits you and leaves the scene.  While this insurance is not required in Florida, it can be very beneficial for you to add it to your coverage.  Many drivers currently operate motor vehicles without being insured, and if you do not have this coverage, you will be responsible for paying any medical bills and fixing any damages caused by the accident.

Underinsured Motorist Coverage

Underinsured motorist coverage provides additional protection for you if someone else is at fault in an accident.  This coverage is activated if the person who hit you did not have adequate coverage at the time of the accident to pay for the damages caused to you or your RV.  The bodily injury portion of this coverage will cover any wages that you lose due to injuries, medical costs, and any other damages that are over the coverage limits that the other driver was carrying.

Underinsured motorist coverage also provides property damage protection if the at fault driver did not have enough insurance coverage to pay for the damages caused to your vehicle.  This protects you from having to pay for the differences in cost out of your own pocket.  Neither of these coverages are required in Florida, but the additional coverage provides you with a safety net if you are ever involved in an accident caused by someone else.

Deductibles

Another important term to understand when dealing with Florida RV insurance in deductibles.  A deductible is the amount of money that you must pay out of your own pocket before the insurance actually begins paying for the coverages you carry.  These amounts vary depending on the options you choose.  The higher the deductible that you choose, the lower your monthly premiums will be.  If you lower the amount of the deductible you are willing to pay, you will have to pay a higher premium.  There are some policies available that give you the option of having a $0 deductible, however, this means you will need to pay an increased cost for the policies you have chosen.

Florida RV insurance is an important aspect of owning and driving a recreational vehicle.  In addition to the coverages that are recommended or required, you may also have the option of adding additional coverages.  These can include roadside assistance programs, rental reimbursements, loss of income coverages, and towing coverages.  While these types of coverages are never a requirement, they can be beneficial.  These additional coverages can help pay for other expenses that you just may not have enough funds to cover at the time of an accident, which helps alleviate some of the stress that you are under.

No matter which coverage options you choose, it is important for you to understand exactly what each type of coverage pays for.  When you have this knowledge, it will make sure that you choose the correct options for your needs, protecting you when you need it.

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