For injuries the policyholder causes to someone else.
For treatment of injuries to the driver and passengers of the policyholder’s car. At its broadest, PIP can cover medical payments, lost wages and the cost of replacing services normally performed by someone injured in an auto accident in Florida.
For damage to the policyholder’s car from a collision. The collision could be with another car, a light post, fire hydrant, etc.
For damage to the policyholder’s car that doesn’t involve a collision with another car. Covered risks include fire, theft, falling objects, missiles, explosion, earthquake, flood, riot and civil commotion.
For treatment of policyholder’s injuries as a result of collision with an uninsured driver. Under insured motorist coverage can also be included in an auto policy. Under insured motorist coverage comes into play when an at-fault driver has auto liability insurance, but the limit of insurance is inadequate to pay for your damages. Maybe common in Florida.
Each state requires that you have certain types of coverages with minimum liability limits. The insurance industry recommends that your bodily injury liability limits be $100,000 per person and $300,000 per occurrence. No bodily injury is required in Florida, only $10,000 limit of PIP.
The amount of auto insurance coverage an individual needs is based on age, model and value of vehicle; net worth and a few other other factors. You can use our coverage calculator below to get a better understanding of your needs. Brought to you by Travelers.
Industries that commonly carry commercial auto insurance include but are not limited to;