It can be difficult to know where to begin when shopping for car insurance.
Not only are there many car insurance companies to choose from, each claiming they will save you hundreds of dollar, but you must also decide what kind of coverage to buy and how much coverage to purchase. Selecting car insurance coverage can be daunting and confusing.
As an experienced insurance lawyer in Trinity, Florida who has represented both insurance companies and consumers over the last two decades, Chuck Philips offers some guidance.
Car Insurance Required by Florida Law
First of all, you must purchase at least what is required by law. The state of Florida requires two main coverages: personal injury protection coverage in the amount of $10,000 and property damage liability coverage in the amount of $10,000. Personal injury protection coverage pays for your own medical bills that are incurred due to a motor vehicle accident, and property damage liability coverage pays for the damages to someone else’s property. These two basic coverages are necessary, as required by law.
Additional Recommended Car Insurance Coverage
In addition to the two required coverages, Chuck suggests motorists also purchase bodily injury liability coverage. This coverage pays for someone else’s injuries that you are liable for due to negligence. The down side is that this coverage is pricey. Chuck recommends that you purchase as much coverage as you need to protect your assets, or at least as much as you can afford. If you are found to be liable for bodily injury expenses, your insurance company will pay for that damage in an effort to protect your assets.
Another helpful coverage to have is uninsured/underinsured motorist coverage. This coverage is much cheaper than bodily injury liability coverage but can only be purchased if bodily injury liability coverage is purchased first. This type of insurance coverage protects you when the other party involved does not have Bodily Injury Liability coverage to pay for your injuries, or damages, or does not have enough of that type of coverage.
Lastly, purchasing some collision coverage can offer peace of mind. Collision coverage pays for any damages to your vehicle whether you are at fault or not. Once you pay your deductible, collision coverage pays the rest of your damaged vehicle expenses.
If you have questions about your car insurance or if you’ve been in an accident and need the counsel of an experienced New Port Richey auto accident attorney, contact the Law Office of Charles S. Philips, also serving Spring Hill, Brooksville and Inverness.