Florida Auto Insurance

Florida auto insurance laws are more stringent than other parts of the country. Therefore, Florida residents should take special care to know and understand the minimum requirements for auto insurance in their state. During these tough economic times, many Americans are choosing to cancel their auto insurance coverage, but get caught driving without auto insurance in Florida and you could see fines beginning at $1,000.

The cost of being uninsured in an accident is far higher than the price you would pay for Florida auto insurance annually. Those who are at fault in an accident are expected to pay for bodily and property damage to the other party. That is not to mention any damages you acquire to yourself or your vehicle. If you do not have the money to pay for these damages upfront, then your assets may be seized. Don't get caught without the proper Florida auto insurance coverage.

According to the most recent Florida law, every person with a vehicle registered to their name must possess the state's minimum auto insurance coverage. Florida requires that each driver be covered up to $10,000 for bodily injury, and $20,000 bodily injury for two or more people. You must also have $10,000 property damage liability coverage. You must also have the minimum coverage for DUI citations, driver license suspensions, and license revocation.

Florida auto insurance requirements even state that your policy must be issued by a Florida insurance agent, with a license to sell in the state of Florida. If you move from another state, you may not use your current policy if it was not issued in the state of Florida. Florida auto insurance requirements do not include uninsured/underinsured motorist coverage. As of 2009, Florida was the 5th most expensive state for auto insurance. Don't get stuck with pricey fines, follow the Florida auto insurance laws.