What are the different types of automobile insurance coverage available in Florida, and what should I have in terms of coverage?
Since Florida is a “no-fault” state, your automobile insurance will include coverage for personal injury protection (PIP) and property damage (PD), and that’s it. This is all that is required in most cases to operate an automobile in Florida. Other important coverage items such as medical pay coverage (MEDPAY), uninsured/underinsured Motorist coverage, and bodily injury (BI) insurance are not required, but may become very important depending on the circumstances of the case.Personal injury protection insurance pays a percentage of your medical bills if you are hurt in an accident, typically 80% with extended coverage available from many insurance companies. Your property damage coverage will pay for damage to the other person’s vehicle if you caused the accident. Collision coverage will pay for the damage to your vehicle, regardless of whom is at fault and usually has a deductible associated with it, which is paid by you (i.e., you may have a $100, $250 or $500 deductible, and your ins
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