Question: How Much Bodily Injury Coverage Do I Need In Florida?

Is bodily injury coverage required in Florida?

Bodily Injury Liability coverage is not required to drive an automobile in Florida legally.

This means that if you cause an accident that results in bodily injuries to another person(s), you must either have BI insurance or post a bond for the required amount of coverage..

What happens if I don’t have bodily injury coverage in Florida?

You may think that if you have the minimum insurance required by Florida law, you are covered after a car accident. In fact, without bodily injury liability coverage, you are very much at risk of being personally responsible for medical bills or other damages resulting from a car accident.

Is Florida a no fault state 2020?

Florida is a no-fault state. No-fault law means that, regardless of who is at fault, your own personal injury protection insurance will step in to provide coverage up to the policy limits. Unlike most other states, residents of Florida are not required to have bodily injury liability.

Who pays for damages in a no fault state?

In a no-fault state, a driver who is injured in an auto accident simply has to file a claim for compensation for their injuries. Once filed, the other driver’s insurance provider must pay the claim. It doesn’t matter whether the injured driver is the victim in the accident or the cause.

Is Florida a no fault insurance state?

Only 12 states have a form of no-fault insurance law. Some states, such as Florida, make it mandatory for their drivers to carry no-fault insurance while others make it optional. Drivers and their passengers injured in a car accident submit their claims to the no-fault insurance company covering their vehicle.

What is the minimum bodily injury coverage in Florida?

Minimum bodily injury coverage can be $10,000 per person/$20,000 per accident. Recommended coverage is generally higher, and can range from $15,000/$30,000 to $250,000/$500,000 or more. As explained below, you must have bodily injury coverage in order to be eligible to purchase Uninsured Motorist (UM) coverage.

How much car insurance do I really need in Florida?

Florida requires: $10,000 in personal injury protection (PIP) $10,000 in property damage liability coverage.

What amount of bodily injury coverage should I have?

State minimums don’t come close to covering the cost of a serious accident. You should carry bodily-injury coverage of at least $100,000 per person, and $300,000 per accident, and property-damage coverage of $50,000, or a minimum of $300,000 on a single-limit policy.

Who pays for car damage in Florida?

When it comes to what you are entitled to for the damages to your car, under Florida Law, the insurance company for the at fault party must pay for the repairs involved, unless the total of the repairs exceeds the fair market value of the car.