A motor vehicle accident attorney from the Tampa law firm of Clark & Martino, P.A. can shed light on the many different types of car insurance that are available to you in Florida. Having a sound understanding of the products that car insurance companies sell is essential to having the right level of coverage. Your goal should be to buy coverage that adequately protects you and your property in the event of a serious crash. While it impossible to predict the future, it is advisable to think of the “worst case scenario” and shop for car insurance accordingly, which includes Uninsured/Underinsured Motorist Motorist Coverage. Your insurance needs will influenced by a variety of factors, such as the market value of your car, how much you are willing to pay in deductibles, your personal driving history, and whether you have a teenage driver in the family.
Here is a breakdown of the most common types of car insurance in Florida:
- Bodily Injury Liability (BIL) – This is used to cover bodily harm you cause to others in a crash.
- Property Damage Liability (PDL) – Mandatory in Florida, PDL insurance covers the damage you cause to another person’s property in a crash.
- Personal Injury Protection (PIP) – Also mandatory in Florida, PIP will cover medical bills and lost wages if you are hurt in an accident and seek appropriate medical care within 14 days.
- Uninsured/Underinsured Motorist (UM) – This important type of coverage protects you if someone causes a crash and injures you but has no insurance or very little insurance.
Selecting the right coverage – and the right coverage levels – is a personal decision that you will have to make based on your personal circumstances. Just remember to resist the temptation to buy the cheapest car insurance available, as it may not be sufficient to protect you if tragedy strikes.