Florida Auto Insurance – What You Should Know

In the latest post and video from Charles D Talley Insurance Agency, Inc, our resident insurance expert, Adam Talley, is talking about auto insurance in Florida. If you’re a driver in Hillsborough county, this is a video that you really need to check out.

When it comes to the State of Florida, there are two coverages that you absolutely need to have – these are state-mandated. You need to have at least $10,000 worth of property damage and personal injury protection coverage – otherwise known as PIP. Personal injury protection coverage for Florida drivers is also at a $10,000 limit.

As far as the State of Florida is concerned, these are the only two coverages that you need in order to be insured on the roads. That being said, you could find yourself in a bad situation if that this is the only thing that you have on your auto insurance policy in Hillsborough. We have a few more things we’d like to discuss if you want to be fully protected in case you ever get into a car accident.

How To Protect Your Car In The Event Of An Accident

To protect your car, you’re going to need to have comprehensive and collision coverage. Both of these usually come with deductibles. At Talley Insurance, these deductibles start out at $500. You can go as low as $100 or go as high as $2500.

Usually, $500 deductible will give you the best value for the resulting out-of-pocket expense.

If you combine comprehensive and collision coverage with bodily injury coverage, this is typically what other insurance agents in Florida consider to be full coverage for your car. However, this still doesn’t necessarily mean that you are fully covered in the event of an accident.

Bodily injury coverage starts as low as $10,000 per person and $20,000 per accident. Please know that these coverages are for when you are at fault for the car accident.

Will Your Auto Insurance Be Enough To Cover Your Medical Bills?

In 2019, $10,000 for one person usually isn’t enough to cover the medical costs incurred by their car accident injuries. That’s why these coverages can go all the way up to as much as $250,000 per person and $500,000 per accident.

There are a lot of different options when it comes to the level of coverage that you can get on your auto insurance policy. This is why clients like to work with independent insurance agencies like Charles D Talley Insurance Agency. You can reach one of our agents at (813) 685-9393 and they can go over all the options with you to ensure you’re getting the best value for your budget.

Other Coverages To Consider for Your Auto Insurance Policy in Hillsborough

Next we’re going to go over some other types of coverages that aren’t always included in a Florida auto insurance policy. While a lot of drivers forego these options, they are worth considering and we want to make sure each of our clients understand that.

Uninsured Motorists Coverage

Have you ever wondered what would happen if you were in an accident that is caused by another driver that doesn’t have insurance? Sounds like a nightmare scenario right? Well this is why there is uninsured motorist coverage. This will protect you in the event of an accident where the at-fault driver does not have the proper auto insurance coverages.

In 2019, we feel this is a type of coverage that all of our clients need to consider for their auto insurance policy. As the price of insurance continues to climb, more drivers are choosing to forgo insurance altogether and run the risk. If you’re hit by one of these uninsured or underinsured drivers, you could end up paying for those expensive medical bills and car repairs out of pocket.

Please talk to your insurance agent about uninsured motorist coverage in 2019.

Roadside Assistance Coverage

This is the type of coverage that’s going to help you out when you’re stuck in those unexpected situations on the road. We’re talking about situations like getting a flat tire, running out of gas, a dead car battery or locking your keys in your car. These are the types of situations that could ruin an otherwise perfect day on the road.

Fortunately, roadside assistance coverage tends to be very, very affordable for drivers in Florida. Our agents usually are able to add this to a policy for as little as $10 to $25 for the entire year. That’s a really low cost, especially if you consider that it will probably cost you a hundred dollars to have someone come out to unlock your car or provide roadside assistance.

Rental Reimbursement Coverage

Now this is a type of coverage that you might not have ever heard about before. Rental reimbursement provides money for when you’re in a covered accident and you need to have a rental car. Essentially its protection against having to pay for a rental car out of pocket which can get really expensive really fast.

It’s coverage usually starts at $30 a day and is always for 30 day periods. So for a single month, you’re looking at about $900 in coverage for a rental car.

Conclusion

You’d be surprised to learn how many other coverages we still could go over when it comes to auto insurance in Florida. If you have questions about your current policy or if you are fully covered, and please give us a call today at (813) 685-9393.