What To Look For In A Full Coverage Car Insurance Quote In Florida : Cars Photos And Auto Insurance Reviews

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Monday, February 4, 2008

What To Look For In A Full Coverage Car Insurance Quote In Florida

It's possible – especially if you have a good driving record –
to get away with purchasing just $10,000 of Personal Injury
Protection (PIP) and $10,000 of Property Damage Liability (PDL)
insurance and legally drive in the state of Florida. If you've
been in a crash or if you've been convicted of certain other
offenses, you may be required to also purchase Bodily Injury
Liability (BIL) insurance coverage.

PIP insurance provides medical coverage for you or almost
anyone legally driving your vehicle or ridding in your vehicle
as a passenger if your vehicle is involved in an accident,
regardless of whose fault the accident is deemed to be.

As you can imagine, with medical costs as high as they are
today, $10,000 in coverage may not go far in a serious crash.
Depending on what assets you have that might conceivably be
forfeit if you are unable to pay for the medical expenses of
someone who is hurt in your vehicle because of a serious
accident, you may wish to purchase considerably more PIP
coverage than the minimum the state of Florida requires of you.

Property Damage Liability insurance covers repairs to another
person's vehicle or other property if you are involved in an
accident, regardless of whose fault the accident is determined
to be.

$10,000 in Property Damage Liability insurance will barely
cover a fender-bender for many of today's high-priced vehicles.
Again, especially if you have a home or other assets which need
protecting you may choose to purchase more PDL coverage than the
state of Florida demands.

If you wish your vehicle to be repaired or replaced in the
event of an accident you will need to buy Collision and
Comprehensive insurance.

Collision coverage will repair or replace your vehicle if it is
damaged by striking (or being struck by) another vehicle, or if
it is damaged by striking an object such as a guard rail, a
light pole, or a tree. You should consider purchasing collision
insurance up to the Blue Book Value of your car.

Comprehensive insurance covers damage to your vehicle caused by
natural acts (such as wind or hail damage) and acts of
vandalism. And, just to make things confusing, it's the
comprehensive portion of your insurance that pays you if you
strike an animal, such as a deer, while driving. Again, you
should purchase comprehensive insurance up to the Blue Book
value of your vehicle.

You should review the amount of your collision and
comprehensive with your agent each year since the Kelly Blue
Book value of your car is most likely decreasing every year and
there's no point in carrying coverage on your car in excess of
Blue Book value since that's the most your insurance company
will pay you in any event.

As you can see, the State of Florida actually requires very
little from you in the way of insurance, but as you can also
see, carrying the state minimum required insurance could very
easily leave you open to lawsuits which will force you to pay
money that could be considerably in excess of the minimum
required insurance. This could put your home, your savings, or
any other assets you possess at great risk.

And obviously if you are purchasing a new vehicle and you
intend to finance your purchase your lender will undoubtedly
require that you purchase full coverage insurance – Personal
Injury Liability (PIP), Property Damage Liability (PDL), Bodily
Injury Liability (BIL) coverage, Collision and Comprehensive –
in amounts far greater than the state-mandated minimums.

Keep in mind that even though your lender has every right in
the world to demand that you fully cover any vehicle being
financed, your lender is not allowed to force you to purchase
your insurance from any specific provider.

If you want to find the best possible price for your full
coverage car insurance quote in Florida then you'll need to get
on the internet and find at least 3 websites that allow you to
make quick and easy head-to-head comparisons of prices for
insurance at different insurance companies.

Make certain that you take the extra time and effort to make
your comparisons on at least 3 different websites so that you
can be assured that you're seeing the prices from virtually
every insurance company operating in Florida.

Once you've done that then you can grab the absolute cheapest
price possible for the full coverage car insurance that you need
and rest easy every night knowing that you are not paying even
one cent more for your car insurance than you absolutely have
to.

About The Author: My recommended sites here: Full Coverage
Automobile Insurance in Florida Save Money on Car Insurance
Quotes http://www.saveitmonthly.com/

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