I Just Moved To Florida – Do I Have To Transfer My Car Insurance?

Reader’s Question:

How long do I have to transfer car insurance when buying car in the state of Florida?

Ben

Miami FL

 

After buying a car in Florida you need to register and title it under your name. When you go to the FL Department of Highway Safety and Motor Vehicles (HSMV) or license agency to apply for the title and registration of the car you need to have proof of liability insurance.

There is no note with the Insurance Division in Florida regarding how much time you need to get car insurance after buying a vehicle. If already have a current car insurance and you are just replacing a car on the current insurance policy, then an insurer will cover the new car for a certain number of days generally however you will have to check with your current car insurance provider to be sure if they will cover it.

If possible, it is best to set up the car insurance policy before you buy the vehicle as soon as possible. If you do not have an insurance policy in place to cover a new car, you can get a quote and buy car insurance policy from the top rated car insurance companies.

What Is The Required Minimum Auto Insurance In Florida

Reader’s Question:

What is the required minimum auto insurance in Florida?

Marie

Miami FL

If your car is registered in the state of Florida, you must carry a minimum auto insurance of:

• $10,000 of personal injury protection (PIP) and
• $10,000 of property damage liability (PDL).

According to the Department of Highway Safety and Motor Vehicles (HSMV) you are not required to carry Bodily Injury Liability (BIL) in order to register your car. But if you got involved in an accident you will be penalized for not having BIL.

A person who is at fault in an accident is required by the Florida Financial Responsibility Law to have in effect at the time of the accident full liability insurance coverage. This coverage includes minimum auto insurance limits of Bodily Injury Liability of $10,000 per person, $20,000 per crash, $10,000 Property Damage Liability per crash, and Personal Injury Protection (PIP) limits of $10,000 per person per accident.