Florida No Fault Insurance

Under no fault insurance each driver would be completely covered by his own car insurance (up to his policy limit), and drivers can not sue another driver regardless of the severity of the accident, the injuries incurred and even in the case of death.

However, no state uses suck strict form of no fault insurance. In general, no fault is an auto insurance system in which both drivers must carry insurance for their own protection, and their ability to sue other drivers for damages is regulated by certain limitations. States impose these limitations by determining which cases are permitted to go to litigation.

The 'no fault' part of an insurance plan is usually called PIP, Personal Injury Protection, or it is sometimes referred to as OBEL, Optional Basic Economic Loss. Different state's PIP's cover different aspects associated with personal injury.

Generally, the coverage is related to medical expenses, loss of wages, and compensation for loss of services incurred because of an auto accident. Funeral costs and death benefits are also usually covered.

The Florida no-fault system really is in regards to medical payments. This means the insurance company covering your car will make payments for your bodily injury claims regardless of who was at fault in an accident. The property damage done to your vehicle should still be covered by the at-fault party.

Florida Law requires that motorist carry a minimum of $10,000 of personal injury protection (PIP) and $10,000 of property damage liability (PDL) if you own a motor vehicle in Florida.

This law applies to self-propelled vehicles, with four or more wheels that are both registered and licensed in the state of Florida. Auto insurance must be carried continuously throughout the registration period of the vehicle.

Take some time out to get as many Florida no fault auto insurance quotes as possible before opting for any company. Additionally, I consider it a smart action since you don't pay a dime to get car insurance quotes. You only pay when you choose a particular insurer.

Requesting your auto insurance quotes online will generate additional savings. Include how convenient it is and I'll truly be puzzled at why any sane person will overlook such a big privilege.

Other useful sites:
http://www.dmvflorida.org/

http://www.flhsmv.gov