Florida auto insurance, for just a moment, changed when the actual No-fault law expired on October 1, 2007. However the legislature voted to re-enact the law starting January 1, 2008 with some reforms. Like a Florida driver, can you save money in your car insurance?
The reforms are intended to lessen medical costs, the amount of litigation as well as fraud. Rates were not changed, but remember that rates can vary from one insurance company to another. One of the best ways to decrease your car insurance costs is to shop close to for comparison quotes. This could save a person hundreds.
Though Bodily Injury coverage isn’t currently required through the Florida Department of Highway Safety and Motor Vehicles to be able to register your vehicle, you will be penalized if you’re in an accident that hurts someone and do not have this coverage. You may also wish to consider uninsured and underinsured coverage.
Besides looking around for lower quotes, you can also save by benefiting from discounts such as multi-policy (two types of insurance using the same company), good student (especially for adolescent drivers), anti-theft device, senior driver, low mileage and much more. Increasing your deductibles can lower your insurance costs a great deal as well.
When you request quotes, ensure that you provide the same information about coverages and deductibles you want to each company or agent. That way you will get the most accurate comparisons. Have your current policy ready, or write down the insurance coverages, deductibles and vehicle information on a bit of paper.
An insurance comparison site can save you time because you usually just enter your information once, and then you will get back quotes from several different companies or even agents. It is recommended to get a minimum of three different quotes.