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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.
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 ...
A new year brings new beginnings and, in some states, new car insurance laws. If you live in California, Utah or Virginia, effective Jan. 1, 2025, your state’s minimum car insurance requirements ...
The insurance company will ordinarily pay the judgment, up to the policy limits, once a court determines that an uninsured motorist was at fault. Some states' laws also allow additional insurance coverage to the insured policyholder through policy stacking provisions, whereby a claim may be made against multiple uninsured motorist policies.
Until 1956, when the New York legislature passed their compulsory insurance law, Massachusetts was the only state in the U.S. that required drivers to get insurance before registration. North Carolina followed suit in 1957 and then in the 1960s and 1970s numerous other states passed similar compulsory insurance laws.
Personal injury protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in some cases, lost wages and other damages. PIP is sometimes referred to as "no-fault" coverage , because the statutes enacting it are generally known as no-fault laws, and PIP is designed to be paid without regard ...
The average American paid $251 per month for car insurance in 2023. But if you live in one of the most expensive states for car insurance, you could pay anywhere from $104 to $522 per month ...
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.
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