The Myth of "Full Coverage"
Many people who have been involved in car accidents in Florida operate under the assumption that they have "full coverage". While some people do indeed have comprehensive coverage available under their auto policies, many people have the minimum coverage required by law and think that this is "full coverage".
Florida law requires motorist to carry two types of insurance coverage on their vehicles. These two coverages are property damage liability coverage and PIP/No fault coverage. Property damage liability coverage covers you if you cause damage to someone else's property. PIP/No fault coverage covers you for medical expenses you incur, lost wages, household services, etc.
There are many other types of coverages available under Florida automobile policies that motorists should consider. These include: bodily injury coverage (BI), uninsured/underinsured motorist coverage (UM), medical payments coverage, rental car reimbursement, collision coverage and comprehensive coverage.
Florida motorists should consult with their insurance agents and make sure they carry each of the valuable coverages listed above so that in case of an accident, you and your loved ones are properly insured.