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When it comes to liability insurance in Florida, only property damage liability (PDL) is technically required by law, of which drivers are required to carry $10,000 as part of their no-fault car ...
$10,000 property damage liability per accident You may be surprised to find out that bodily injury liability coverage is not technically a requirement for a minimum car insurance policy in Florida.
The insurance company will not pay more than $25,000 for property damage in repairs to the vehicle that the insured one hit. In the state of Indiana, the minimum liability limits are $25,000/$50,000/$10,000, [7] so there is a greater property damage exposure for only carrying the minimum limits.
No-fault systems generally exempt individuals from the usual liability for causing bodily injury if they do so in a car collision; when individuals purchase "liability" insurance under those regimes, the insurance covers bodily injury to the insured party and their passengers in a car collision, regardless of which party would be liable under ordinary legal tort rules.
For governmental claims, both minors and adults have 6 months to file a claim with its corresponding jurisdiction according to Government Code section 911.2. After filing a claim to satisfy Government Code Section 911.2, the claimant has an additional 6 months to file a lawsuit against a government entity unless the entity accepts the claim. [37]
Will 2024 hurricane damage to vehicles increase car insurance costs? Damage from a tornado spurred by Hurricane Milton at the Windgate community in Palm Beach Gardens at about 5 p.m. on Wednesday ...
Diminished value or diminution in value are the terms generally used to describe the loss in a property's market value after it was damaged in an accident and repaired. . Diminished value is most often associated with automobiles but it is applicable to other property of value including real estate or collectibles such as jewelry and ar
3. High insurance premiums are the norm. As you may have heard, home insurance premiums in Florida have reached unprecedented levels lately. The average cost of a home insurance policy in Florida ...