Florida High Risk Car Insurance
Drivers that have a strong likelihood of incurring an insurance claim will require Florida high risk car insurance. This risk is often determined as a result of a negative driving history, the type of business you operate, your past auto insurance claims history, or other reasons.
With Florida high risk auto insurance, your rates are going to be higher than the average Florida auto insurance premium.
However, since it will be practically impossible for you to get regular insurance if you are considered high risk, FL high risk car insurance is your best bet. It will provide you with the coverage mandated by law.
Candidates For A Florida High
Risk Car Insurance Policy
High risk drivers can fall into a variety of categories. Having a lot of points on your driving record isn’t the only consideration that makes a person a high risk driver. Drivers who might be considered high risk are drivers who fit these categories:
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Multiple accidents
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DUI charges – driving under the influence of alcohol or drugs
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Taxi drivers
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Limo companies
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Inconsistent insurance coverage
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Teenagers
These are other high risk categories as well, such as poor credit history or those living in certain areas, however these are not common risk factors to all companies. Insurance companies take into account all these factors and more in calculating the likelihood of an accident.
Florida High Risk Auto
Insurance Coverage
Florida requires a minimum coverage of $10,000 bodily liability per incident and $20,000 for 2 or more passengers per incident. The Sunshine State also requires personal injury protection in the amount of $10,000 for the insured. Comprehensive and collision coverage are required by the lender, if your vehicle is financed. You need to work with your insurance company to choose the best deductibles for your collision and comprehensive.
If you suffer a loss and need to submit a claim, how much you will receive for your vehicles depends on many factors and is determined by a claims adjuster. Additional options are also available, but will add to your premium. However some of these options like rental car coverage to replace yours if your car is being repaired can be worth the extra cost.
Shop around carefully when you are looking for high risk car insurance in FL. Not all insurers will even offer you coverage beyond the state minimum requirements. If you get a plan with no collision and comprehensive coverage, it will create problems for you with your car financing company.
The Cost Of Getting Florida
High Risk Car Insurance
The rate you are quoted for your Florida High Risk Car Insurance will depend on many factors. Where you live is going to be a major indicator.
With over 250,000 accidents that occur in the state of Florida on a yearly basis, location is a high risk in itself. One way for a driver to save on Florida High Risk Car Insurance is to agree to pay a higher deductible on items like collision and comprehensive coverage.
The average “full coverage” type of plan for a high risk driver can run anywhere from $1,000 a year to approximately $10,000 annually depending on age, location, driving record, type of car, age of driver and other factors.
Florida High Risk Car
Insurance Availability
Florida High Risk Insurance is available and sold online or over the phone just like any other Florida auto insurance policy. Once the factors that determine your rate are submitted, you will receive a rate quote. Some companies that may not want to insure a high risk driver. In a case like that keep shopping. There is bound to be someone who is willing to offer insurance. It may be at a high cost, but at least you are in compliance with Florida State law.
The Risk Of Not Obtaining
FL
High Risk Auto Insurance
Florida State law requires that all drivers carry car insurance. There is no excuse in this state for anyone to not have insurance.
If you are caught without insurance in Florida, The Department of Highway Safety and Motor Vehicles can suspend your license until you can prove that you have insurance. Your license can be suspended for up to three years with a penalty fee of up to $500 over the course of that time.
So that you won’t be caught in that situation, click on the quote tool at the top of the page so that you can be on your way to being insured, even if it’s Florida High Risk Car Insurance.
Compare Florida High Risk
Car Insurance Quotes Now!
Use our free quote comparison tool at the top of the page to compare Florida high risk auto insurance quotes from competing insurance companies.
Find the best deal by taking just a few minutes to research the various Florida high risk auto insurance companies and compare their rates.
Get started finding Florida car insurance now!