Auto insurance laws in Florida: Minimum-coverage requirements
Florida ‘s minimal needed cable car insurance coverage limits, per the Florida Office of Insurance Regulation and the country ‘s motive vehicle requirements, merely include $ 10,000 per accident of PIP and property damage liability .
Bodily injury liability and uninsured motorist coverage come standard and are recommended with your policy, but you can reject them in writing. The minimum limits you can get for either are $ 10,000 per person or $ 20,000 per accident .
Though you may meet Florida ‘s minimum car policy requirements, it may not be the policy good suited to your needs. We recommend that most drivers consider opting in for higher coverage limits .
If you are in an expensive accident, your minimal coverage may not be enough to in full cover the damages, and you may have to pay out of pocket.
This applies whether you ‘re a college scholar at the University of Central Florida on a budget, a new driver starting out in Tallahassee or a retiring senior in South Florida .
Florida No-Fault Law
Florida is a no-fault submit, which means insurers are required to provide coverage to drivers regardless of who is at-fault in an accident. The Florida Motor Vehicle No-Fault Law helps ensure that drivers receive allow medical concern and some degree of fiscal protection .
For this reason, Florida drivers need to carry PIP and PDL as part of their car insurance policy.
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- PIP covers up to 80% of medical expenses and 60% of lost income if you are unable to work, up to a combined limit of $10,000.
- PDL reimburses property damage to other drivers’ vehicles in an accident, up to $10,000. If your car is damaged, the other driver’s PDL will pay for your repair costs.
Although Florida ‘s no-fault police requires drivers to carry personal injury protection, at-fault drivers can still be sued in the event of serious bodily injury or death. For this cause, carrying bodily injury indebtedness ( BIL ) coverage is often recommended to guarantee extra protective covering from such lawsuits .
Florida SR-22 and FR-44 policies
If you cause an accident that results in bodily injury to another person, or if you are found to be driving under the influence, you will be required to hold extra coverage types and higher coverage limits under the Florida Financial Responsibility Law, called SR-22 or FR-44 indemnity.
SR-22 insurance requirements
For accidents that result in any degree of bodily injury or death, drivers will be asked to file SR-22 policy, often referred to as a certificate of fiscal province. In summation to Florida ‘s no-fault requirements, SR-22 indemnity requires :
- BIL: $10,000 per person
- BIL: $20,000 per accident
These coverages will pay for bodily injury to other drivers or passengers involved in an accident that you cause .
FR-44 insurance requirements
Florida residents convicted of driving under the influence ( DUI ) of alcohol or drugs are required to meet FR-44 insurance standards. FR-44 coverage requirements are well higher than no-fault minimal coverages or SR-22 certificates. specifically, FR-44 indemnity requires :
- BIL: $100,000 per person
- BIL: $300,000 per accident
- PDL: $50,000 per accident
