Auto Insurance: Beyond Minimum Coverage

Just like maintenance is vital to your vehicle, so is auto insurance. Car insurance protects you and your car when the unthinkable strikes. But how much auto insurance do you need? Aren’t the state-required coverages adequate? If you have such questions lingering in your mind, Palm Valley Insurance Inc. of Ponte Vedra Beach, FL, is here to clear the air. But first, let’s explore the state-required auto insurance coverage in Florida. 

What is the minimum required auto insurance in Florida?

Like most states, auto insurance is mandatory in Florida, and drivers are required to include the below minimum coverages in their auto insurance:

  • Personal injury protection (PIP): Before you register your car, you are required to purchase PIP coverage with a minimum of $10,000. PIP coverage pays for 80% of necessary medical expenses, regardless of who was at fault for the accident. 
  • Property damage liability (PDL): Protects you against damages you cause to other people. The minimum required amount is $10,000. 

Failure to comply with the minimum required auto insurance results in suspension of driving privileges and a reinstatement fee of up to $500.

Is the state-required coverage adequate?

While adhering to the auto insurance requirements by the state is pivotal, most car owners explore other auto insurance coverages for optimal protection. You see, the state-required minimums don’t cover your vehicle following an accident. Additionally, mandatory car insurance doesn’t provide other coverages like engine protection and roadside emergency coverage that suits your unique needs. 

For these reasons, drivers should purchase auto insurance that is beyond the state-required auto insurance. If unsure of the amount of insurance you need to carry, please talk to your insurance agent for advice.

Buy auto insurance today!

Are you shopping for auto insurance in Ponte Vedra Beach, FL? Please look no further than Palm Valley Insurance Inc. Contact us today, and we will help you buy coverage that suits your budget and driving style.