How To Save Money And Get Discount Car Insurance In Florida
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How to Save Money and Find Discount Car Insurance in Florida
Overview
Driving in Florida requires car insurance. Without it, you face severe legal repercussions, including the potential inability to register a vehicle in your name for at least three years. At the bare minimum, Florida mandates liability insurance, but there are ways to save money and gain discounts on your car insurance.
Understanding Florida's Insurance Requirements
In Florida, you must carry at least $10,000 in Personal Injury Protection (PIP) and $10,000 in Property Damage Liability (PDL). Some policies may have variations, such as $10,000 for bodily injury per person, $20,000 per accident, and $10,000 for property damage?"abbreviated as 10/20/10.
Remember, liability insurance doesn’t cover your vehicle or your medical expenses if you're at fault in an accident. Given the potential costs of medical bills and repairs, the minimum coverage might not be sufficient.
Tips to Save on Car Insurance
Drive Safely
Maintaining a clean driving record is crucial. Speeding tickets and moving violations can hike your rates, while DUIs or DWIs will cause even steeper increases. A second offense might push you into the costly high-risk pool.
Secure Your Vehicle
If you garage your car overnight, you might qualify for a discount. Additionally, driving fewer than 500 miles a month could earn you a Low Mileage Discount.
Bundle Insurance Policies
If you have multiple policies with one insurer, like homeowner’s or health insurance, you may receive a Multi-Policy Discount.
Loyalty Pays
Being insured with the same company for over five years might make you eligible for a Long-Term Discount.
Student and Senior Discounts
Under 25 and in school? Maintaining a “B” average could earn you a 5% discount via a Good Student Discount. If you're 55 or older, completing a driving refresher course might qualify you for a 10% discount?"check with your agent as this isn't universal.
Adjust Coverage for Older Cars
For cars with little to no Blue Book value, consider dropping collision and comprehensive coverage to save monthly costs.
Choose Your Deductible Wisely
Higher deductibles lower your premiums but require more out-of-pocket expense in case of a claim. Balance affordability with risk.
Shop Around
Now that you're informed, explore and compare policies online. Check at least three different comparison sites, as no single one covers all options. Doing so ensures you truly save and find the best discount car insurance in Florida.
You can find the original non-AI version of this article here: How To Save Money And Get Discount Car Insurance In Florida.
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