Florida Car Insurance Report

florida-car-insurance-coverage

What Are the Minimum Car Insurance Coverages in Florida?

Car insurance protects you and others in the event of a motor vehicle accident. Florida requires drivers to maintain a minimum amount of coverage. Florida is a no-fault insurance state meaning that your insurance coverage will pay your damages up to the policy limits. You must exhaust your no-fault insurance coverage before you can sue another driver for damages.

Minimum Car Insurance Coverage in Florida

In order to purchase and maintain a Florida license plate and registration for your vehicle, state law requires that you have two types of automobile insurance. The car insurance policy must be issued by an insurance company licensed to provide insurance by the Florida Department of Financial Services. […]