Auto Insurance in Orlando, FL
Auto insurance is a necessary expense for every driver. This coverage may provide financial protection in case of accidents or other unforeseen events on the road. Contact Lee R. Rogers Agency in Orlando, Florida, to compare car insurance quotes.
How Much Auto Insurance Do I Need in Florida?
Florida drivers must prove financial responsibility, which many drivers achieve by maintaining minimum auto insurance liability requirements for property damage liability and personal injury protection (PIP) policies from an insurance company licensed to sell coverage in Florida.
Property damage liability insurance may help cover your legal liability for third-party property damage after an accident—up to the policy’s limits. PIP coverage may help cover medical expenses and lost wages in accordance with your policy for you and your passengers, regardless of who caused the accident.
Minimum coverage levels may not fully protect you from the financial effects of a car accident or damage-causing incident. Your agent may recommend that you purchase more than the required amount of auto insurance coverage.
If you lease or finance your vehicle, your leasing company or lender may require comprehensive and collision coverage which may help repair or replace your vehicle after an accident. They may also require guaranteed asset protection (GAP) insurance, which may help pay off your vehicle if it’s a total loss after a covered incident or accident.
How Far Back Do Auto Insurance Companies Look?
Auto insurance companies may look back at your driving record three to five years when determining your rates. Depending on applicable laws, which vary by state, they may also consider your location, the value of your vehicle, your gender and age, as well as other factors when calculating your premiums.
What Does Auto Insurance Cover?
Depending on the policies you choose, Florida auto insurance may help cover your legal liability for someone else’s property damage or bodily injury. It may also help pay to repair or replace your vehicle, minus your deductible, if you have comprehensive and collision coverage. Additionally, auto insurance may help cover the costs associated with your and your passengers’ accident-related injuries (e.g., with PIP coverage).
It’s important to carefully review your policy to understand what is covered and what is not. Some policies may have limitations and exclusions that could affect your coverage.
Contact Lee R. Rogers Agency today to learn about car insurance discounts and get car insurance quotes.