Do i need car insurance in Florida? What are minimums and how much does it cost?

This legal question related to insurance in MiamiFlorida has been answered.

Yes, car insurance is mandatory in Florida. The minimums are as follows:

• Bodily Injury Liability: $10,000 per person and $20,000 per accident;
• Property Damage Liability (PDL): $10,000 per accident;
• Personal Injury Protection (PIP): $10,000 per accident; and
• Uninsured/Underinsured Motorist Coverage: $10,000 per person and $20,000 per accident.

The average cost of car insurance in Florida is roughly $1,853 per year or around $154 each month. However, rates can vary greatly depending on a number of factors such as age, driving record, type of car, coverage options and more. Shopping around is the best way to find the lowest rates for your particular situation.

It is also important to note that if you are caught operating a vehicle without insurance in Florida, you could face fines up to $500 and/or up to 60 days in jail. You may also have your driver license suspended and be required to pay a reinstatement fee of $150. Therefore, it is important that you always make sure you are properly insured before driving on the road.

Car insurance requirements in Florida

can be found on the state’s Department of Highway Safety and Motor Vehicles (DHSMV) website. A good resource for comparing car insurance rates from different companies is the Florida Office of Insurance Regulation. Additionally, if you have any questions about car insurance in Florida or need assistance finding the best coverage for your situation, it is always best to contact a local independent insurance agent. They can provide expert advice and help you find the best coverage at the most affordable rates.