Search results
Results from the WOW.Com Content Network
Florida’s car insurance laws make it clear that every driver must have an active car insurance policy that meets the following coverage limits in order to operate a vehicle legally: $10,000 ...
An uninsured motorist clause is a provision commonly found in United States automobile insurance policies that provides for a driver to receive damages for any injury he or she receives from an uninsured, negligent driver. The owner of the policy pays a premium to the insurance company to include this clause.
In Colorado, for example, it was estimated in 2009 that 15% of drivers were uninsured. [11] Usually the limits match the liability limits. [citation needed] Some insurance companies do offer UM/UIM in an umbrella policy. Some states maintain unsatisfied judgment funds to provide compensation to those who cannot collect damages from uninsured ...
Up until June 2024, drivers could choose to pay an uninsured motorist fee instead of buying a car insurance policy. But after July 1, 2024, Virginia drivers were no longer allowed to enroll in the ...
Uninsured motorist is optional in Florida, however, so you may not carry it on your policy. Collision coverage : Collision coverage could repair the damage to your vehicle caused by a hit-and-run.
The Florida Department of Highway Safety and Motor Vehicles (FLHSMV) is a statutorily established [1] cabinet agency of Florida government. [2] In 1969, under Governor Claude Kirk, the Department of Motor Vehicles and the Department of Public Safety were merged forming the Department of Highway Safety and Motor Vehicles. [ 3 ]
These policies usually include liability coverage but may also provide you with medical payments, personal injury protection (PIP) and uninsured and underinsured motorist coverage.
The MVAIC, or Motor Vehicle Accident Indemnity Company, may assign high-risk drivers, and pays for victims of uninsured or underinsured motorists. [7] Uninsured means the driver or owner of a motor vehicle has no insurance at all, while an underinsured person has insurance, but the coverage is insignificant compared to the potential damages ...