What is full coverage auto insurance in Florida?
Full coverage auto insurance in Florida refers to a policy that includes both liability insurance and comprehensive and collision coverage. This type of insurance provides protection for damages to your own vehicle as well as injuries or damages caused to others in an accident.
Is full coverage auto insurance required in Florida?
Full coverage auto insurance is not required by law in Florida. However, Florida does have mandatory minimum requirements for auto insurance, which include Personal Injury Protection (PIP) and Property Damage Liability coverage.
What does full coverage auto insurance typically include?
Full coverage auto insurance typically includes liability coverage, which pays for damages and injuries you cause to others in an accident, as well as comprehensive coverage, which pays for damages to your vehicle caused by things like theft, vandalism, or natural disasters, and collision coverage, which pays for damages to your vehicle from a collision with another vehicle or object.
Is full coverage auto insurance more expensive in Florida?
The cost of full coverage auto insurance in Florida can vary depending on factors like the driver’s age, driving history, and the type of vehicle being insured. In general, full coverage auto insurance tends to be more expensive than minimum coverage due to the higher level of protection it provides.
Are there any additional coverage options that can be added to full coverage auto insurance in Florida?
In addition to liability, comprehensive, and collision coverage, drivers in Florida can also choose to add additional coverage options to their full coverage policy, such as uninsured motorist coverage, medical payments coverage, and roadside assistance.
Can you choose your coverage limits and deductibles with full coverage auto insurance in Florida?
Yes, drivers in Florida can typically choose their coverage limits and deductibles when selecting a full coverage auto insurance policy. Higher coverage limits and lower deductibles generally result in higher premiums.
Does full coverage auto insurance in Florida cover rental car reimbursement?
Some full coverage auto insurance policies in Florida offer rental car reimbursement coverage, which can help pay for a rental car while your vehicle is being repaired after an accident. This coverage is typically subject to limits and restrictions.
Does full coverage auto insurance in Florida cover hit-and-run accidents?
If you have uninsured motorist coverage included in your full coverage auto insurance policy in Florida, it may provide coverage for hit-and-run accidents where the at-fault driver cannot be identified or is uninsured.
Does full coverage auto insurance in Florida cover flooding damage?
Comprehensive coverage included in full coverage auto insurance in Florida typically covers damages to your vehicle caused by flooding. However, it’s important to review your policy and understand any specific exclusions or limitations related to flood damage.
Does full coverage auto insurance in Florida cover stolen belongings from my car?
Comprehensive coverage included in full coverage auto insurance in Florida may cover stolen belongings from your car, such as a laptop or phone. However, coverage limits and restrictions may apply, so it’s important to review your policy details.
Can I add full coverage to a leased or financed vehicle in Florida?
If you lease or finance a vehicle in Florida, the leasing or financing company may require you to maintain full coverage auto insurance on the vehicle to protect their investment in case of an accident or loss.
Is full coverage auto insurance in Florida worth it?
The decision to purchase full coverage auto insurance in Florida ultimately depends on your individual circumstances, such as the value of your vehicle, your driving habits, and your budget. Full coverage can provide greater peace of mind and protection in case of an accident, but it may come with a higher cost than minimum coverage.