What Car Insurance Coverage Do You Legally Need in Florida?

Congratulations on getting your new set of wheels, be it a pre-owned model or one that just rolled off the manufacturing line. But before you head out on that Florida road trip, make sure to insure your investment – and your life — in case the unexpected fender-bender or collision happens. While there are all kinds of insurance options available, which one is best for you?

Florida Auto Insurance Laws

It’s true that you’re required to have auto insurance in Florida, and there is a minimum amount of coverage you have to have, both for personal injury protection insurance and property damage liability. 

Personal Injury Protection: In order to drive legally, you’re required to have $10,000 of personal injury protection or no-fault protection insurance. You can select to have no deductible or a deductible of $500, $1,000 or $2,000, which covers the following:

  • Yourself, when you are involved in an auto accident as a pedestrian or while bicycling
  • Members of your household
  • Your child, when they ride on a school bus
  • Passengers in your vehicle who don’t carry their own personal injury protection insurance and who don’t own their own vehicle

Considering some 80% of your medical expenses and 60% of your income could be lost as a result of an auto accident, regardless of who is found at fault for the accident, it’s important that you have adequate PIP. 

Property Damage Liability: You’re also required to have $10,000 of property damage liability insurance. If you’re in an accident, this covers you for any damages to someone else’s property. Examples would be a homeowner’s landscaping and house, which may be damaged after you’ve crashed into it.

Other Recommended Insurance Coverage

There are several insurance options that are not required in the state of Florida. However, they are recommended by law professionals and other drivers:

  • Medical Payments, aka MedPay: This insurance takes care of the gap in your personal injury insurance by covering the 20% of medical bills that personal injury does not cover. It also covers your medical bills that exceed $10,000. You can purchase this coverage in any amount you want.
  • Bodily Injury: If you are found at fault for the auto accident, this insurance protects your personal assets and covers the pain and suffering the other person in the accident has incurred. Various amounts of bodily injury insurance coverage are available, with a common policy allowing for $100,000.
  • Uninsured or Underinsured Motorist: If you get hurt in an auto accident and it’s the fault of another driver who doesn’t have insurance or is underinsured, this coverage pays for your pain and suffering. In some instances, this coverage includes those in your household and passengers in your vehicle at the time of the accident. Typically, people opting for uninsured or underinsured motorist coverage select the same amount as for bodily injury, which is commonly $100,000.
  • Collision: Collision insurance covers any damage to your vehicle that was caused by any vehicular accident, regardless of who is found at fault. This coverage commonly carries a $500 deductible.

While these types of coverage are recommended, they are still optional. However, to legally drive in Florida, you need to have personal injury protection coverage and property damage liability coverage. If you don’t carry these, your driver’s license, vehicle plate, and registration can be suspended. And that’s not good.

Cost of Florida Car Insurance

Don’t worry about being cash-poor because the cost of auto insurance in the Sunshine State is among the least expensive in the nation. You can usually acquire a good yet affordable car insurance policy for a used car if you shop around.

The key to getting the best price on car insurance is to have an older vehicle. If you’re in the Jacksonville area, consider grabbing a certified used Honda at our First Coast Honda Dealers. That way you can save on both your ride and your auto insurance. Win-win! Find your nearest used Honda dealership around Lake City and Jacksonville, FL, and we’ll help you choose the perfect like-new ride for less than you’d expect.