Florida No Fault Insurance

Auto Insurance Coverage

When it comes to auto insurance, many people get confused. Undoubtedly, choosing the right policy is very important. What is the point of paying for a policy which leaves you underinsured? It is equally unnecessary to add coverage which you don’t really need. Many people pay too much for auto insurance without even knowing it.

It is very important to understand the fundamentals. First of all, you need to know that your policy is in reality a package of different types of coverage. Secondly, there are types of coverage which are required by the state you live in. In most cases they are Bodily injury liability (BIL), Personal injury protection (PIP) and Property damage liability (PDL) coverage. The minimum amount of cover vary from state to state. See Florida No Fault Insurance requirements for additional information.

Bodily injury liability – you must remember that BIL provides protection in case you injure or kill someone while driving your car. Additionally, if another party decides to sue you after an accident you have caused, Bodily injury liability coverage will provide for legal defense. A serious accident may become very expensive so its wise to have enough cover to safeguard your personal assets. BIL is with regards to people’s injuries, not your vehicle. If you have more than one car, try to keep the BIL coverage the same for all of them.

Property damage liability – this part of the policy is designed to cover other people’s property damaged during an accident. PDL also gives you legal defense if another party files a lawsuit for property damages.

Personal injury protection – in some states closely linked with No-fault. It covers the medical expenses of the passengers in your car, including the driver. Depending on the policy and insurer, you may also be covered if injured as a pedestrian.

Experts always recommend to get more cover than the state’s required minimum.

Additional Auto Insurance Coverages

What other coverages may be useful to have? Well, it all depends on your circumstances, but here are the most common ones:

Uninsured motorists coverage – in the last few years more and more people are driving uninsured. It can be blamed on the economy or the lack of social responsibility, but either way you need to protect yourself and your family against such drivers. Uninsured motorists coverage is highly recommended and not that expensive in most states.

Comprehensive physical damage coverage – if you want your car to be protected against fire, flood or theft, this is the coverage you need. Of course, it is hardly worth it adding it to your policy if you car doesn’t have a lot of value. Having higher deductibles will keep the cost of this coverage low.

Collision coverage – if you are hit by another car or object or your car hits another vehicle, collision coverage will pay for the damages to your vehicle. Again, only worth it if you driver a newer car and your deductible comes into play.

These are pretty much the main coverages that you need. Decide wisely which ones you need and which cover is not for you. Always go with more than the minimum required and consult an insurance expert if in doubt.

Auto Insurance For Senior Drivers

Looking for cheap auto insurance for senior drivers in Florida? Congratulations, your search is over. Here you can find all the essential information regarding auto insurance for senior drivers. You can save up to $600 by comparing quotes online. Get instant free quotes now and see how much you could save today.

Who is considered as a senior driver?

Many people don’t realize that insurance companies have a different view on seniors. In society in general, as senior citizens are considered people aged 65 or over. As far as insurance companies are concerned, a senior driver is every one over 55 years old. Yet again, older drivers are divided in 2 further groups – those aged under 75 years and those aged over 75 years.

We have an ageing populations and insurance companies are well aware of it. With maturity people tend to change their driving habits too.

Insurance rates for senior drivers

Age, driving history and the type of car you drive are some of the fundamental factors used to calculate auto insurance rates for senior citizens. Statistics show that older people are in general careful and law abiding drivers. Not many tickets for speeding or reckless driving are issued to grandmothers. Fast and expensive sports cars are also not a common sight in the garages of senior drivers.

When it comes to driving, maturity has it good sides. Insurance data suggest that older drivers use their cars less. The only cons are often deteriorating sight, which affects night driving in particular, and slower reflexes.

If you are under 75 years old and have a good driving record, your car insurance rates will be lower than the average. If you are aged 75 or over, insurance companies will, in most cases, put you in the high risk category and you may seen an increase in your premiums.

Cheap auto insurance for senior drivers

If you are still driving your old car, which of course has a sentimental value to you, you may find yourself in a tricky situation. Not only are older cars less economical but sometimes their value is less than the yearly insurance premiums. Exchanging it for a more economical vehicle full with safety features will save you a lot of money on insurance.

Taking a defence driving class is a very good idea too. Insurance companies reward drivers who have taken such classes with cheaper insurance rates.

The easiest thing you can do to find cheap auto insurance for senior drivers is to compare quotes online. Insurance experts recommend getting at least 3 quotes from different companies. You will be surprised by the difference in rates. Some people save up to $600 on auto insurance!

What are you waiting for? Get instant, no obligation, insurance quotes now and see how much you could be saving.

Auto Insurance For High Risk Drivers in Florida

Finding low cost auto insurance is not easy for high risk drivers. As you may already know, insurance companies charge high risk drivers higher premiums. Finding low cost auto insurance can be a challenging but not infeasible.

Who belongs to the high risk drivers group?

A number of factors are used by insurers when determining if a driver is high risk. The most important ones are – age and experience, driving record and credit rating.

Young drivers – insurance experts point out that in a huge % of all accidents, young drivers are at fault. Based on such claims, insurers have no option but to put new drivers in the high risk group. Insurance premiums for teenage boys in particular are quite high, especially for those driving faster cars.

Drivers over 55 – society generally accepts people as senior citizens when they are over 65 years old. There is an argument that senior drivers driver more carefully and rarely own sports cars. Yet, statistics reveal that older drivers are involved in accidents quote often.

People with poor driving record – when insurance premiums are calculated, driving history still plays an important part. You can anticipate to be charged more if you have been traffic violations like – driving uninsured,being at fault for an accident or driving under the influence. You may be required to have SR22 or in some cases even FR44 as part of your policy.

Low credit score – the use of credit score by insurers is seen as unfair by a lot of people. In recent years, insurers put more and more importance on credit rating. People who pay their bills on time are considered as less of a risk.

Cheaper auto insurance for high risk drivers

Some may argue that is is simply impossible to find affordable car insurance for high risk drivers, but that’s not true.

For teen drivers, the most important think to pay attention to is keeping a clean driving record. If you are at school or college, maintaining good grades can lower your premiums.

Obeying the law is very important. Don’t drive under the influence of alcohol and never drive uninsured – its common sense. Don’t allow your insurance policy to lapse if you are required to file SR22 – your license will be suspended.

Driving a more economical car packed with safety features will definitely help you find cheaper insurance.

For senior drivers, as well as inexperienced ones, taking a defence driving course is a great idea.

The easiest way for high risk drivers to find affordable auto insurance is to compare quotes online.

Insurance experts recommend getting quotes from at least 3 insurance companies. You will be amazed by the difference in rates offered by different insurance companies.

Compare Florida Car Insurance quotes online now to see how much you could be saving on your car insurance!

Cheap Auto Insurance for Women in Florida

The fact that women are more responsible drivers than men has been proven by recent insurance rates data. Still, many women do not enjoy rates as low as they should be able to find them. It is very important to compare rates from different insurers in order to find the best deals.

Men may like to think they have the upper hand, but when it comes to auto insurance goes, they simply do not.. Women are actually paying less for their auto insurance than men.

But why do female drivers enjoy lower premiums?

Statistics show that women are lower risk drivers than men. Obeying the law, driving safely and complying with their car insurance requirements, is something women are far more likely to do then men.

Men tend to be more dangerous drivers. It is unlikely that a woman would intentionally start driving dangerously. Overtaking dangerously and jumping a red light, is not something most women do.

Do women drive more safely?

Compared to men, women are safer drivers. There are 2 main reasons for that, female drivers are normally more responsible and observant. Men don’t pay as much attention to road signs and other drivers as women do. It comes as no surprise that being observant means less accidents are caused by female drivers. Statistics have shown men are the cause of accidents more frequently than women by more than 50%.

Being very protective is a characteristic most women have. It is very common for women to use their cars to drive their kids to school. The most important thing for them is the safety of their kid, and this makes them more careful.

Not only are women protective of their children, they are protective of their jobs. In our day and age, it is harder for them to climb the corporate ladder. Being absent due to an accident could very well result in the loss of their hard earned job. It is clear that being a careful driver is very important to most women, especially those who have a family and a career.

Things may well change in the future as more women pursue careers and there are more stay-at-home dads. But for now, women have the right to demand cheaper auto insurance rates.

Click here to compare free car insurance quotes online now.

What is a SR22 Form?

SR22 form is the name given to a document which is used to provide verification of required auto insurance to the Florida Department of Motor Vehicles (DMV). Different conditions from the SR22 may be required by Court, depending on your circumstances. The main differences being compliance period, Bodily Injury Liability coverage and the payment terms.

If you were driving without insurance in Florida and caused only property damage, you will be required a Property Damage Liability (PDL) and Personal Injury Protection (PIP) policy.

The SR22 requirements will be satisfied with a 6 month non-cancelable policy which also has a compliance period of 2 years.

If someone was hurt in an accident you caused while driving uninsured, Bodily Injury Liability (BIL) will be required. The coverage limits will be $20,000 per accident and $10,000 per person. The compliance period will be 3 years and it is acceptable for the policy to be cancelled.

Your insurance company will file SR22 form to Florida’s Bureau of Financial Responsibility. Such fillings were once done manually but now the process is automated and the SR22 filing is done electronically. After your policy begins, your insurance company has fifteen days to submit it. Once the filing is completed, theFlorida DMV will reinstate your driver license.

There was a change in the low regarding DUI drivers and since October 2007 they require a Fr44 form to be filed. If you have existing SR22 requirement, it will be superseded by the new FR44 form. It is also worth mentioning that you can not be issued multiple SR22 or FR44 forms.

Bare in mind that SR22 filing will only be accepted on a Florida car insurance policy. An additional fee of $15 will be added to your policy as well.

Your insurance company is required to file a SR26 form if you cancel your policy. If this happens during the compliance period of your SR22, you may lose your driving license. Make sure your auto insurance do not lapse.

If you do not own a vehicle but need to drive one and you are required to have a SR22, you will need to get a non owner SR22 insurance.

Compare Florida Car Insurance Quotes

Comparing Florida car insurance quotes is the only way to find the best quote for you. It is your responsibility to shop around and make sure you are not paying more than you have to. Afterall, would you spend your hard earned cash on things you really want to rather than giving it to insurance companies?

There are 3 ways to get car insurance quotes in Florida. If you have the time you can always go to your local insurance agents or you can pick up the phone and ring the insurance companies one by one and compare quotes that way. Or you can request quotes only from the comfort of your home and at a convenient for you time.

Getting quotes online will save you not only money but time as well. You don’t have to repeat your information on the phone over and over again. Filling one simple form will allow you to receive quotes from top insurance companies and compare them instantly.

Before requesting Florida car insurance quotes make sure you know the No Fault law, the minimum requirements and what kind of cover you really need. There is no point slashing your premiums to the lowest possible figure if that means in you don’t have enough cover.

What are you waiting for, get your free Florida car insurance quote online now and see how much you could be saving!

Cheap Florida Auto Insurance

Do you need Cheap Florida Auto Insurance? You have come to the right place. The average car insurance in Florida is more than $1,500, but with a little bit of effort you can definitely find a better rate.

Some may think that insurance companies fix the rates, so residents in Florida never shop around for better auto insurance rates. Insurance companies segment their rates differently so everyone’s rate will be different with each company. You have to shop around to see if you can save money.

Here are 5 tips which will help you lower your premium:

  • Don’t accept your renewal quote straight away – most insurance companies hope that people are lazy and will not bother even trying to get a better deal.
  • Compare quotes – Expert advice everyone to obtain at least 3 quotes from different companies before making a decision regarding car insurance coverage.
  • Ask for discounts – Don’t be shy. As a new or existing customer, insurance companies will offer you discounts to win or retain your business, all you have to do is ask!
  • Get a free credit report – many people don’t actually realise that their credit score plays more important role than their driving history when it comes to car insurance.
  • Give the right information – This sounds like a no brainer, but if you make an innocent mistake when filling the form may cost you dearly if you need to make a claim.

The bottom line is that you won’t find the best quote if you don’t make the effort to look for it. Getting quotes from different companies may take hours on the phone, but only a few minutes online. You fill one simple form and instantly receive quotes you can compare.

Even if you get a few high quotes keep getting quotes. Because prices can fluctuate from company to company depending on your circumstances, and you are sure to find the best deal for you.

Compare Florida Car Insurance quotes online now to see how much you could be saving on your car insurance!

Young drivers car insurance in Florida

Most parents are concerned when their teenager reaches a certain age and starts talking about getting driving license. The first concern is safety and the second one is cost. Still, there are steps that can be taken which can make teenagers saver drivers and also lower young drivers’ car insurance premiums.

The first year of driving is absolutely crucial. This is the time when most young drivers pick up bad habits and make silly mistakes often resulting in accidents. Without being over protective try to ride with your child often and make sure he or she drives safely and carefully. It will help them become a better driver and keep a clean driving record, which we all know means cheaper car insurance.

The car a young driver learns to drive on will have a huge impact on their driving as well. Most teenagers want fast and flash sports cars, but as a parent you have to ask yourself is that good for them? Fast and powerful car will not only be more expensive to insure, but will also have a higher risk factor.

As fun as it may seem to teenagers to aimlessly drive all day and just “hang out with friends”, statistics have shown that a young driver is 5 times more likely to have an accident if two or more friends are in the car. Laud music and jokes are not a good combination when an inexperienced driver is behind the wheel. Preventing unnecessary driving will reduce the mileage on you car which in turn will save you yet more money on car insurance.

Did you know that some companies offer discounts for good grades? This is really a win win situation, if you encourage you son or daughter to get better grades they’ll be getting a better start in life AND cheaper car insurance!

Following these simple rules will help you save on Florida No Fault car insurance and undoubtedly make your teenager a better driver.

Florida Auto Insurance Rates

Florida car insurance rates are typically the same as the national average. The average car insurance rate in Florida has gone up from $1,580 in 2007 to $1,685 in 2009.

The good news is that by September 2009 the rates have gone down to an average of $1,544.

However, it is still vital that you shop around to find the best deals and make sure you are not paying a cent more than you really have to. A sure way to find the lowest car insurance rates in Florida is to compare auto insurance quotes online. It is fast, easy and secure.

You will be really surprised at how much the prices can vary and bare in mind you could save between 5% and 40% by filling a simple form and comparing quotes online.

Each company has its own rules but in general their rates are based on your age, sex, marital status, driving pattern, claims history, location, credit history, and the make,and year of your vehicle.

These factors will determine which insurance market you belong to. There are three such markets:

  • Preferred market – Includes low-risk drivers with exceptional driving records.
  • Standard market – Includes the average driver who drives family-type cars and has a good driving record.
  • Non-standard market – Includes young drivers with less experience and drivers with multiple tickets, accidents, and bad driving history in general.

On top of this the amount of coverage you want, your deductibles level, and even your level of education, your occupation and your credit history can all adjust the rate you will pay.

Most drivers for example, do not even realize how their credit score can influence their car insurance rates, but it can, and you should regularly check your credit score before getting any auto insurance quotes to confirm there are no errors. Errors on your credit report could mean you get much worse car insurance rates.

Would you like to save up to hundreds of dollars on your car insurance? Compare Florida car insurance rates online now!

Florida No Fault Auto Insurance – Personal Injury Protection (PIP)

Question: What is PIP?
Answer: PIP is the common abbreviation for Personal Injury Protection. Under Florida No Fault Insurance law, PIP is a mandatory requireament .

Q: Who is insured by PIP?
A: The named insured and all resident relatives are covered under the PIP coverage of your Florida auto insurance policy.

Q: Do resident relatives need to be listed drivers?
A: Resident relatives are not required to be listed drivers on the policy for coverage to apply.

Q: Are all of my vehicles covered by PIP?
A: Yes, all cars owned by you and listed on your Florida auto insurance policy are covered by the Personal Injury Protection.

Q: Are trailers considered a covered vehicle?
A: Any trailer designed for use with a private passenger vehicle and not used for business is considered a covered vehicle.

Q: What does PIP actually cover?
A: Personal Injury Protection benefits include: Medical benefits, disability benefits, and death benefits.

Q: What is the amounts payable when PIP coverage applies?
A: Medical benefits are payable at 80% of the amount incurred due to a covered injury. The amount of death benefit payable for an insured person is $5,000. Disability benefits are payable at 60% of any lost wages incurred due to a covered injury. The total amount payable under PIP for any one accident is $10,000.

Q: Is there a deductible under PIP coverage?
A: Florida Motor Vehicle Law allows a deductible of no more than $1,000 for PIP coverage. Choosing a deductible is optional and will lower the premium if you elect one. Also, work loss exclusion is allowed under the law and if elected your premium will be lower and you will not receive any benefit from lost wages due to a covered injury.

Q: Do Personal Injury Protection benefits increase depending on the number of cars on my policy?
A: No, a premium is collected by your insurance company for each motor vehicle listed on the policy; however, this does not increase benefits.

Q: Can I cancel my PIP policy and have a registered vehicle?
A: No! If you fail to maintain required PIP coverage your driver’s license will be suspended.

Q: I live in Florida only for a few months of the year do I still require PIP coverage?
A: Any vehicle registered in the state of Florida is required to carry PIP coverage even if that vehicle is not in use or is in another state part of the year.

Q: Does Personal Injury Protection cover me even outside the Sunshine State?
A: Yes, a Florida resident who is covered under the PIP portion of a Florida auto insurance policy is covered while driving that vehicle outside the state of Florida.

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