Minimum Requirement Auto Insurance in Miami Florida

Reader’s Question:

What is the required limits for car insurance in Miami Florida?

John

Miami FL

The Florida state law does not require a minimum coverage for Bodily Injury Liability coverage however you may be required to get it if you get involved in an accident. It is recommended that you obtain at least the minimum Bodily Injury Liability coverage.

The required minimum liability limits in Florida is:

• Property Damage Liability: $10,000 Limit
• Personal Injury Protection: $10,000 Limit

In Florida, the state follows a No-Fault system. This means that your insurers will pay for your injury claims no matter who is at fault, up to a specified limit.

The advantage of having auto insurance in Miami is that it enables drivers to pay for any expense that may suddenly crop up following a car collision. These expenses maybe in the form of medical bills of a person injured in a car accident, or payment for a property damaged in a car accident.

Probably the most convenient way of shopping for affordable auto insurance in Miami is by visiting a cheap car insurance website. There is a growing number of cheap car insurance websites where car owners can request and compare car insurance quotes, and purchase auto insurance in Miami within a few minutes.

Those who are looking for cheap auto insurance in Miami should consider online shopping. This is considered as the best and most convenient way of purchasing affordable auto insurance. As many drivers know, auto insurance in Miami is required by state laws.

Getting Non-Owners Car Insurance in Florida

Reader’s Question:

I no longer have a vehicle here in Miami, but I do plan on borrowing a friend’s or maybe renting a vehicle from time to time, do you thinks I should still keep my car insurance policy?

Sedgewick

Miami, FL

You may find it more beneficial to convert your car insurance there in Miami, Florida into a Non-owner car insurance policy instead, since technically do not own a vehicle anymore and many of the features and coverage that you are paying for are specifically for those who don’t want to incur financial loss on their own car. Why continue to pay for comprehensive and collision coverage for a non-existent vehicle?

Non-Owners car insurance is definitely more affordable, and complies with your state’s financial responsibility laws since you are still carrying adequate liability insurance coverage in case you cause damages or injure people in a car accident. Some drawbacks of a Non-Owners insurance policy is that it doesn’t pay for your medical or hospitalization expenses in case you do get injured in a car accident while driving a borrowed car but health insurance should cover you for that, if you have one. Coverage also doesn’t extend on rental vehicles, or cars used for business purposes (usually because those vehicles already have insurance of their own).

But you would still be saving a great deal more money keeping a Non-Owners policy as compared to maintaining a full car insurance policy in the long run. This is also a better option since you would likely be able to negotiate better car insurance rates in the future for maintaining at least a minimum form of insurance, than driving without no coverage at all.

Separate Car Insurance Policy For Married Couple?

Reader’s Question:

I just got married here in Miami Florida. I bought a new vehicle and registered under my wife’s name only. I have my own car as well with my car insurance provider. My spouse’s car insurance provider told her that I need to be under her car insurance policy as well. She was told that it is by law that I am included in her policy. Is that true? Is there any way that we can have separate car insurance policy?

Benny

Miami Florida

The law that the car insurance company was probably referring to is that car insurance companies require policyholders to list all licensed household members in the policy otherwise they need to be specifically excluded.

Usually you cannot keep your policy separate. This is car insurance companies’ guidelines. If they are filled that way you have to give the information otherwise the policy may be canceled. You also have the option of contacting your car insurance provider because you may need to add her on your car insurance policy too. If your wife has a claim against them, you and/or your company can be held responsible. This is the reason why insurers want both listed.

It is much cheaper to just get one car insurance policy for both of you than getting separate policy. Generally, a car insurance rate is derived by rating the car to the driver. So, if you have two separate car insurance policies with two drivers and one car for each car insurance policy. You may also be able to take advantage of the multi vehicle discount if you insure more than one vehicle with the same company.