This type of insurance coverage simply means that drivers must carry their own policy and that it limits their ability to sue another driver for damages. Your car insurance company will also pay for damages based upon the limits set in your no fault policy, no matter who was at fault.
There are many insurance companies, agencies, and websites on the internet today, which will allow you to obtain a free Florida no fault insurance quote. All it takes is 3-4 minutes of your time (literally) and you are done. You then get to compare multiple rates from different providers and choose the one that best suits your needs.
If there are other drivers involved in the accident or situation, they will have to pay their portion, or their policy will cover their part. Florida uses this sytem in conjunction with the standard liability system. There are both advantages and disadvantages to this as you can well imagine.
The good news is that it allows every driver to have immediate medical treatment if it is required. When it comes to the nitty gritty of things, the part of your policy that is no fault is sometimes refered to as a PIP. This is a short-form acronym for personal injury protection. Depending on what kind of coverage you have and what your record is, you can end up getting a great deal.
There are some laws set forth by the state and that includes the insurance company writing a PIP, to pay for nearly 80% of most needed treatments when it comes to medical coverage. This would include items such as surgical treatments, x-ray, hospital stays, ambulance, etc..
Most people who search for insurance quotes will head online. In the good old days of insurance shopping, people had to phone their local insurance office. That is no longer the case.
One other added benefit of comparing quotes online is the fact that you are not bothered by having to compare long lists of requirements from each office in your city. You simply review the prices listed and take it from there. If you are lucky enough, you may even qualify for a lower premium.
The lawmakers in Florida decided that auto insurance should be bought and marketed as a no fault system. The idea was that it would help to reduce the amount of lawsuits between motorists. What personal injury protection does, is basically cover you in the case of injury and it helps to pay for your medical costs, but only to the limit you have set in your plan.
Going back a few years in time, did you know that in 2004, the average premium rate was quite expensive? People were paying around $760 dollars a year just for liability. Your car insurance does not have to be expensive. You just have to do your homework first and it all starts with comparison quotes.
Paying a lower auto insurance (like Geico) rate is dependant on who you talk with though. Some experts will tell you to avoid making installment payments. Some agencies allow their customers to pay on a monthly, quarterly, semi-annual, or annual basis. The more you pay up-front, the less your overall cost will be. This of course is dictated by your financial ability to pay. You also can't neglect the administration fees and other additional charges some companies will demand.
What happens if you choose not to pay for your policy? You risk having your policy taken away and if there is one thing you should not do, it is making late payments. Check with the Florida Office of Insurance Regulation for more information. Also, get your bills in on time and this will help your credit score, your history with the Florida DMV, and your premium. If at any time you are not happy with a certain provider, then you be the one to change insurance companies, but don't let it be the other way around.
When you let things get out of control with your insurance company, whether it be Direct General Insurance or any other provider, you are put into the defensive position 99% of the time. This is something you do not want. It is a lot easier for someone to discontinue their no fault policy when the renewal time comes around. However, if you get penalized for being a poor customer, no other insurance company will accept you, and you may even have to stick with the same company for a few more years.
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