Bob Lindsay Agency Blog

Although in most states drivers are required to carry standard auto insurance coverage, Florida no-fault auto insurance is the norm here. People who live for part of the year in Florida should check to see how they are affected by the state’s auto insurance laws.

The protection provided by a standard auto insurance policy covers both the policyholder’s own property and other losses that the policyholder may be responsible for as a result of an accident involving the policyholder’s vehicle. No-fault auto insurance is different from standard auto insurance because costs resulting from an auto accident are paid for by each policyholder’s insurance company, regardless of which party is at fault. The advantage of no-fault auto insurance is that the system is spared the expense of numerous lawsuits resulting from motor vehicle accidents; with no-fault insurance, personal injury protection coverage pays for damages such as lost wages and medical bills up to the policy limit, but there is no coverage for damages such as pain and suffering.  

Florida no-fault auto insurance requirements can be confusing for out-of-state motorists and a motorist who has recently moved to Florida permanently or who lives here for part of the year may benefit from consulting a local insurance agency. Florida insurance agency representatives are knowledgeable about the state’s requirements for vehicle registration and auto insurance. They can clarify any issues you have and guide you through the process of purchasing auto insurance.
 

*