Auto insurance is legally required for any state of Florida resident driver.
Bodily Injury Liability Coverage – Uninsured Motorist Coverage – Medical Payment Coverage – this are some of the Coverages for Auto Insurance.
Here at JM’s Best Insurance we will help you find the best coverage for all your auto Insurance needs.
Bodily Injury Liability Coverage (BI)
While BI is required by Florida financial responsibility law, this cover is only enforceable in certain cases where the driver has been involve in accident in which he or she has been found to be at fault. Also, driving under influence or committing a felony with a motor vehicle will trigger the law. Considering that every time you are driving a vehicle you have a 50/50 chances to be in at-fault accident remember that bodily injury liability is an important coverage for your Auto Insurance policy.
Florida has one of the highest percentages of uninsured drivers in the United States. Standing at a stunning 19%, these drivers place an additional financial burden on those who wish to stay within the confines of the law.
While there are no laws mandating the purchase of uninsured motorist coverage, an auto policy of this kind can protect you from costs that your no-fault coverage may not be able to pay. For instance: medical bills that exceed the limits of your PIP policy, temporary or permanent disability, lost wages, pain and suffering, and more.
Medical Payment Coverage (Med Pay)
This is an auto insurance policy option many Florida drivers choose to exclude, simply because the nature of no-fault coverage makes it largely redundant. That said, there are reasons to consider adding a medical payment option to your policy. One, it can kick in when the limits of your PIP coverage are reached.
Two, many medical payment policies also offer pedestrian protection. If you frequently walk in well-trafficked areas, it might be worth adding this coverage to your policy. On the other hand, you should carefully consider your health insurance coverage and make sure you’re not needlessly doubling down on benefits you already receive through that policy.