Often, the first time a Florida driver ever addresses the different types of automobile insurance is when they have to deal with a car accident. At that point, a driver can be left at the mercy of an underinsured automobile insurance policy. Thus, it is a good idea to contact your insurance agent and ensure that you are fully aware of the different types of automobile insurance and to review and analyze which policy best fits your needs.
There are only two types of car insurance required by the State of Florida, the first of which is no-fault insurance and is often referred to as Personal Injury Protection, or PIP, insurance. Personal Injury Protection insurance is required for all drivers and pays for your own medical expenses and lost wages sustained as a result of an accident regardless of who causes the accident.
The second type of car insurance is Property Damage Liability insurance (PDL). Property Damage Liability insurance repays other people if you are the at-fault driver and if, as a result of the car accident, you have damaged their property or their car. This specific car insurance can vary as far as terms for the respective policy.
Because PIP and PDL insurance are the only two forms of car insurance the State of Florida requires, many drivers are misinformed in the belief that they have full insurance coverage. Further, many drivers are unaware that there are several other types of coverages which they may carry and which would provide them with better overall coverage. In order to ensure that each driver has an insurance policy that meets their needs, it is highly recommended that each driver speak with their insurance agent and review the different types of coverages.
In the event of a car or motorcycle accident, it also recommended that you immediately contact your Tampa car accident attorney so that you can ensure that your interests are protected. At that point, your Tampa car accident attorney will work in conjunction with your insurance agent to address the types of coverages that are in place and to work in your best interests .