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Florida Car Insurance Requirements

Florida state law does require PIP, in addition to Property Damage Liability coverage with a minimum limit of $10,000. This basic coverage is often referred to as a PIP/PD. Even if state law does not require a minimum coverage for Bodily Injury Liability coverage, you may be required to get this coverage once you have been in an accident. It is advised that you get at least the minimum Bodily Injury Liability coverage.

Florida Insurance Coverage:

Property Damage Liability: $10,000 Limit

Personal Injury Protection: $10,000 Limit

• All registered vehicles must be insured: Insurance is required for all vehicles in Florida. Anyone who lives in Florida for 90 days (total, not consecutive) in a 365-day period is required to purchase personal injury protection and property damage liability insurance to cover their vehicles.
• Financial Responsibility: Under the Financial Responsibility Law, vehicle owners must have minimum coverage to cover damage to other people or vehicles. This involves situations such as crashes or DUI citations. The minimum requirements are $10,000 to cover bodily injury liability for one person, $20,000 to cover bodily injury liability to more than one person, and $10,000 for property damage liability.
• No-Fault: Under the No-Fault Law, you are required to obtain coverage for your vehicle and yourself if you suffer injuries in an accident. The minimums are $10,000 for personal injury protection and $10,000 for property damage liability.
• Regulations apply to all vehicles: Any vehicle with a valid tag and registration in the state of Florida must be covered by an insurance policy. This applies to garaged vehicles and vehicles that are driven daily. If you fail to get proper insurance, you risk losing driving privileges.
• Steep penalties: Failure to have insurance that meets minimum coverage standards can result in a three-year suspension of your license and registration, plus a fee up to $500.
• Keep your policies current: Your insurance company will notify the state of Florida when you renew or fail to renew your policy. If you cancel your coverage, the state will immediately request a verification of new insurance from you. Failure to respond can result in suspension of your license until you obtain new coverage.

Consumer Tips

No matter the state or policy, remember that regulations prescribe minimum coverage. You likely will want to exceed the state minimum to protect your family and auto investment. For example, a maximum coverage of $10,000 for an accident might be the minimum for Florida, but an insurance expert would advise a client to increase that amount up to $1 million for complete coverage and protection.

Remember that liability coverage is the maximum your insurance company will pay. If you are sued and deemed responsible for $50,000, but only have $20,000 covered by insurance, you are responsible for the remaining $30,000.

Consider purchasing auto and homeowner policies with the same insurance company to save money overall on your premiums.