Minimum Coverage Required by Law
state’s driving laws.
In the state of Florida, the law requires all vehicle owners to register their vehicle with a minimum insurance coverage. This insurance must include the following basic coverage:
PIP covers medical expenses and other economic damages for the insured, regardless of who is at fault in the accident.
- Minimum Amount Required: $10,000.
- What It Covers: 80% of necessary and reasonable medical expenses, 60% of lost income due to disability, and a limited amount for funeral services.
PDL covers the damages you may cause with your vehicle to someone else’s property.
- Minimum Amount Required: $10,000.
- What It Covers: Damages to vehicles, buildings, light poles, fences, and any other type of property that is not a vehicle that you damage in an accident.
Additional
Coverage
BIL covers medical costs and other damages resulting from injuries caused to others in an accident for which the insured is responsible.
- Suggested Minimum Amount: $10,000 per person and $20,000 per accident.
- What It Covers: Medical bills, legal expenses if a lawsuit is filed, and other costs related to injuries sustained by others.
Pays for damage to your own vehicle resulting from a collision with another vehicle or object.
- Amount: Depends on the value of the vehicle and the selected deductible.
- What It Covers: Repairs or the vehicle’s value if it is declared a total loss.
Pays for damages to your vehicle that are not the result of a collision, such as theft, vandalism, fires, floods, or falling objects.
- Amount: Depends on the value of the vehicle and the selected deductible.
- What It Covers: Damages resulting from events like those mentioned above.
Protects the insured in case they are hit by a driver who is uninsured or underinsured.
- Amount: Varies according to the policy purchased.
- What It Covers: Medical expenses, lost wages, and other damages you incur if you are injured in an accident with an uninsured driver.