When you are looking for cheap car insurance in Florida, there are many things that you need to be on the lookout for. It is illegal to drive a motor vehicle without having insurance in the state of Florida. There are minimums required for the liability insurance as well as having PIP (Personal Injury Protection).
Understanding Florida Insurance Requirements
The law states that the insurance for Florida residents must include liability insurance with the following minimums:
- $10,000 bodily injury for 1 person
- $20,000 bodily injury for 2 or more persons
- $10,000 property damage
PIP is also required only if a car is owned. It is possible to get insurance coverage without having a car registered under your name. In this case, you simply need the liability insurance.
Understanding SR22 and FR44
There are various forms and certifications that may be required by the DMV office as specific forms of proof of insurance after you have had your license revoked, suspended or have been convicted of a DUI.
An SR22 is required to get driving privileges reinstated after a DUI, driving without a license, driving without proper insurance, causing severe accidents, poor driving history or having too many traffic violations within a year.
An FR44 is for being convicted of a DUI or having plead guilty to driving under the influence of drugs or alcohol.
Both of these certificates will increase the liability insurance required, though it is still possible to get cheap car insurance in Florida. It is imperative for you to compare quotes between multiple car insurance companies as not all will penalize you the same amount.
Car insurance premiums are based upon multiple variables, including driving record, geography and age. Since you will be required to maintain an SR22 or FR44 for three years, you must try to get the lowest possible rate.
Florida No Fault Insurance Laws
The Florida No Fault Insurance law means that in an accident, one person does not have to be named as the faulty person. When this happens, it is then that each party involved pays the deductible on their policy to get their cars repaired.
Knowing this, the uninsured motorist and comprehensive coverage that is optional should be considered. Since there is no one found at fault in most accidents, you would be required to repair your own vehicle anyways, so the uninsured motorist insurance may be something you wish to pass on. If, however, the other party is found at fault and they are not insured, it would be up to them to cover the costs. Having the uninsured motorist protection could help you out in these instances.
How to Reduce Your Car Insurance
There are many ways to reduce your car insurance so that you pay cheaper rates. First, you must understand the main reasons why you have high car insurance.
- Driving Record
These are the three main factors that go into consideration for an insurance policy. While you might not be able to do anything about your age, there are advanced driving courses that you can take to show that you are a responsible driver.
As for the driving record, tickets and past accidents all count against you. If you’ve just recently experienced one, you can anticipate your car insurance increasing within the next year – just as soon as your car insurance looks at your driver’s license record again. You can take a driving course to help eliminate some of the points on your license or you can compare companies to see if a company will overlook some of your driving record.
The vehicle you drive is also going to have a dramatic difference on your car insurance. The safer the car is, the cheaper it will be to insure.
- Stability and traction control
- Air bags
- Engine immobilizer
- Anti theft device
These and many other features help to keep the car and the passengers safer. When there is less damage to the passengers or car, the insurance company does not have to spend as much money and you are then classified as a lower risk. If you are considering different cars, take a look at the safety rating to determine if you can afford the insurance.
Money saving tip: Lower deductible = higher payment / higher deductible = lower payment
Comparing quotes from multiple insurance companies will help you to find the cheap car insurance in Florida. Not all companies offer the same rates, so it’s crucial to find out who will put the most emphasis on what.