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Understanding Florida’s car insurance laws may help you select the appropriate coverage level for your vehicle and circumstances. Over 20 percent of drivers in Florida are estimated to be uninsured.
The department provides oversight and services in partnership with the various 67 Florida county tax collectors for the issuance of driver licenses, the Florida drivers license handbook [6] registrations and titling of automobiles, trailers, boats, and mobile homes. Florida residents who are at least 15 years old can obtain a learner license ...
The term full coverage is actually a misnomer because, even within traditional "full coverage" insurance, there are many different types of coverage, and many optional amounts of each. "Full coverage" is a layman's misnomer that often results in drivers and vehicle owners being woefully underinsured.
Auto insurance risk selection is the process by which vehicle insurers determine whether or not to insure an individual and what insurance premium to charge. Depending on the jurisdiction, the insurance premium can be either mandated by the government or determined by the insurance company in accordance to a framework of regulations set by the government.
With the average full coverage-car insurance policy costing a hefty $2,500 annually, according to Bankrate, you might be wondering if you’re getting optimal value for your hard-earned dollars ...
The average cost of car insurance in Florida is $3,594 per year for full coverage and $1,111 per year for minimum coverage. Florida drivers pay significantly more than drivers in the nation as a ...
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment.
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