Posts Tagged ‘auto insurance’
Thursday, March 24th, 2011
The auto insurance industry is very competitive with many companies to choose from. You will be asked multiple questions to help determine your premium. Some factors that the insurance company may consider when giving you a quote are:
- The age of your vehicle. The newer the vehicle . . . the higher the insurance premium.
- Where your vehicle is kept. Is it safe in your garage? Or is it left parked on the street or in a public parking lot where it could be more easily damaged or stolen?
- Where your vehicle is driven. Do you commute to a big city or do you live and work in a rural area?
- The amount of miles driven per week. The less you drive the lower the risk.
Be informed when purchasing insurance. See the Auto Fact Sheet for more examples of How to Save
Tags: auto insurance, Florida Insurance, Florida insurance saving, Insurance Saving, Purchasing florida insurance
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Monday, March 21st, 2011
Bodily Injury Liability Coverage is not mandatory in Florida. Therefore, it is best to protect yourself, your family and your passengers by carrying Uninsured / Underinsured Motorist Coverage. Also known as UM/UIM Coverage or UMBI / UIMBI Coverage.
UM/UIM Coverage: Pays for bodily injuries to you, your family or a passenger in your covered automobile when the liable party is Uninsured or Underinsured.
- Uninsured: Liable party has no bodily injury liability coverage.
- Underinsured: Liable party has some bodily injury liability coverage; but the amount of coverage is not enough to cover the extent of damages you, your family member or passenger sustained.
For more information on UM/UIM Coverage. . . see the Florida DFS website.
Tags: auto insurance, FL auto insurance, FL UM, florida auto insurance, Florida Uninsured, UIM Coverage, UM Coverage, Uninsured coverage
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Sunday, March 20th, 2011
Collision and Comprehensive coverage can be purchased to protect a vehicle. If you are making monthly payments for the purchase of a vehicle; the financial institution will require you to obtain Collision and Comprehensive coverage to protect their interest and your investment.
- Collision Coverage: Pays for the repair or actual cash value of a covered auto damaged as a result of an accident with another vehicle, property or thing. It also covers single vehicle accidents as well. Payment can be made regardless of who is liable and is subject to a deductible.
- Comprehensive Coverage: Pays for damage caused by incidents “Other than Collision” such as: fire, theft, windstorm, vandalism, animals, flood or flying objects.
For more information on Collision Coverage see Florida DFS Library website.
For more information on Comprehensive Coverage see FL Statute 627.7288
Tags: auto insurance, Collision, Comprehensive, Florida Insurance, vehicle insurance
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Wednesday, March 16th, 2011
Due to the competitive nature of Florida auto insurance, many companies have different discount programs to attract your business. Below are some possibile discounts to inquire about when obtaining a quote:
- Mature Driver. (Age 55 or older who participates in an accident safety course.
- Good Driver. (accident and violation free driving record)
- Alarm System. (To minimize probability of theft)
- Restraint Systems. (Airbags, anti-lock brakes)
- Good Student. (Good grades indicate more responsible behavior
Be sure to ask if all possible discounts have been applied to your premium.
For more examples of How to Save see My Florida Auto Fact Sheet.
Tags: alarm system, auto fact sheet, auto insurance, auto insurance discounts, florida auto insurance, good driver, good student, insurance quotes, mature driver, restraint systems
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Wednesday, October 21st, 2009
Florida residents and tourists driving in Florida this winter might benefit from these quick no fault car accident reminders. If you are involved in a car accident in Florida, remember these 10 points:
- Florida law requires you to stop if you are involved in a car accident. Driving away will only make matters worse.
- Check yourself , others around you, and any other cars involved for injuries. Call Emergency Medical Services 911 if necessary.
- Cars with minor damage need not block the roadways. If the cars are safe to move, do so. Take a few quick pictures if a digital camera or cell phone camera is available. Your pictures should capture the position of the cars on the roadway.
- Call the police. Florida Highway Patrol can be reached using your cell phone if you dial *FHP or *347.
- It’s generally a good idea to not discuss the accident with others. Instead, discuss the accident with the police if necessary.
- Seek immediate medical attention if you are injured, or think you might have been injured.
- Notify your insurance company to report the accident. Your insurance company will explain what you will need to do next.
- You will need a copy of the police report. Ask the police man or woman for their name and badge number to make finding them later easy.
- Contact an attorney that specializes in Florida car accidents. This is not necessarily the last step. You will generally want to contact an attorney prior to giving any recorded or written statements and to learning your rights and responsibilities.
- Complete your Auto Accident Report Form as soon as possible. The longer you wait, the less likely you are to remember important facts about the car accident. Contact your insurance company to obtain an auto accident report form.
Need car insurance? Get a free no fault insurance quote online now.
o eliminate the possibility of suspension, you should purchase a full liability insurance policy (includes bodily injury liability) as soon as possible and advise the company that you were involved in an uninsured crash and may need a Form SR-22 (certification of liability insurance) in the future.
Tags: accident, attorney, auto insurance, car insurance, florida, florida highway patrol, injury, insurance, no fault, pictures, police, report
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