Every state is different when it comes to insurance for your vehicle and auto insurance in Florida has its’ own regulations. You want to make sure you are getting at least the minimum required coverage from a licensed agent or company that is allowed to sell you auto insurance in Florida. If you don’t have the minimum coverage you can end up with a suspended license and fees to get your license reinstated.
Searching for insurance for your vehicle is never fun and you have to find a good balance between the price, the coverage, and the service the company you choose will provide you. Below you are going to find five tips to help you not only find affordable insurance, but also to make sure you get the coverage you need from a reputable company.
The Top 5 Tips for Getting Auto Insurance in Florida
The minimum coverage for the state of Florida is $10,000/$10,000. This means you will have $10,000 worth of coverage for any injuries caused during an accident to yourself or anybody else in the vehicle and you will have $10,000 worth of coverage for the other vehicle(s) if the accident was your fault.
This is the minimum requirement to be able to drive your vehicle in Florida, but it may not be the minimum coverage that you need. If you need full coverage you are going to need larger amounts or if you have a vehicle that is more expensive you may want more than just the minimums. Keep in mind any damages you cause over the amount of coverage you have will be your financial responsibility.
The company you choose for auto insurance in Florida is very important. They have to be licensed to provide insurance in the state of Florida and you will want a company with a good reputation. It is never fun when you have to make a claim, but some insurance companies are much better at handling the claim in a speedy way than others. Do your research and make sure you choose a company with a very good reputation.
3. Comparing Nation to Local
It is always a bit of a debate when you compare a national insurance company to a local one. You want to make sure you are getting good coverage from a strong company without paying too much for it. This is why we compare different quotes from different companies and you should certainly do this with at least two local companies and two nation insurance providers.
You will get the choice of what type of deductible you want and this can range from $100 up to over $2,000. The higher the deductible you choose is, the less your insurances will actually cost you, but this can also be dangerous. If you get into an accident and it is your fault you have to pay the deductible. If this is more than you can afford, then you are going to have quite a bit of trouble dealing with the entire situation.
It is always smart to choose a deductible that you can afford. If you know money is always tight you may want to choose a very low deductible to avoid more financial stress than necessary. Do not just assume you won’t get into an accident because they happen. Choose a deductible you can afford and you will be much better off.
5. Saving Money
There are a few basic ways to save money with your auto insurance Florida. First, you can bundle your policies for your home, car, life, and any other type of insurance with one company. This can give you a nice multi-policy discount. Second, you can add safety devices and anti-theft devices to your vehicle to save money. Finally, drive safely and your insurance will get less expensive over time.
If you know you are going to need to get new insurance for a vehicle you own it is important to consider the coverage, the deductible, and the company providing you with your insurance. Take your time and make sure you choose a company and policy to protect you in the right way. If you financed your vehicle you may want to check with the company holding the title before you purchase your auto insurance in Florida.