INSURANCE IS A SERIOUS MATTER AND CAN BE COMPLICATED. ALTHOUGH PRICE IS AN IMPORTANT FACTOR, CHOOSING AN INSURANCE COMPANY SOLELY BASED ON THE PRICE CAN BE RISKY AND A SELF - DEFEATING PROPOSAL. SHOP SMART, ASK QUESTIONS, EDUCATE YOURSELF, UNDERSTAND THE COVERAGES YOU ARE GETTING AND WHAT YOU ARE PAYING FOR.GIVEN BELOW ARE SOME OF THE MOST COMMON QUESTIONS ASKED BY POTENTIAL CUSTOMERS.

DISCLAIMER

THE QUESTION ANSWERS GIVEN HERE ARE FOR GENERAL INFORMATION ONLY AND ARE NOT INTENDED FOR LEGAL GUIDANCE. ANY LEGAL SITUATION MUST BE DISCUSSED WITH YOUR LICENSED AGENT OR YOUR ATTORNEY.

QUESTION 1

DOES THE PIP INSURANCE, REQUIRED BY LAW IN THE STATE OF FLORIDA, COVER BODILY INJURIES TO THE OTHER PARTY IN AN AT FAULT ACCIDENT?

ANSWER 1.

NO. YOU NEED TO HAVE A COVERAGE CALLED BODILY INJURY WHICH IS OPTIONAL AND NOT REQUIRED BY LAW. HOWEVER, IF YOU ARE INVOLVED IN AN AT FAULT ACCIDENT AND DO NOT HAVE BODILY INJURY COVERAGE, THE CONSEQUENCES ARE VERY SERIOUS. YOU CAN LOOSE YOUR LICENSE AND THE OTHER PARTY CAN SUE YOU FOR ALL THE DAMAGES. EVEN THOUGH IT IS NOT REQUIRED BY LAW, YOU SHOULD CARRY BODILY INJURY COVERAGE, IF YOU CAN AFFORD IT. IN MANY CASES IT DOES NOT COST A WHOLE LOT MORE.

QUESTION 2

HOW SOON A POLICY CAN BE CANCELLED AFTER IT HAS BEEN PURCHASED?

ANSWER 2

UNDER THE FLORIDA RULES, ONCE A POLICY IS PURCHASED IT CANNOT BE CANCELLED IN THE FIRST SIXTY DAYS. HOWEVER, IF YOU NO LONGER OWN THE VEHICLE OR HAVE PURCHASED ANOTHER POLICY FOR THE SAME VEHICLE, THEN THE SIXTY DAY RULE DOES NOT APPLY.

QUESTION 3

DOES THE PIP/PD POLICY COVER THE DAMAGED WINDSHIELD?

ANSWER 3

NO. ANY DAMAGE TO YOUR VEHICLE IS COVERED ONLY IF YOU PURCHASED THE COVERAGE CALLED COMPREHENSIVE AND COLLISION ON YOUR POLICY.

QUESTION 4

ARE ANY UNLISTED DRIVERS IN THE HOUSEHOLD COVERED BY THE POLICY?

ANSWER 4

NO. FLORIDA RULES REQUIRES THAT INSURED MUST LIST OR EXCLUDE ALL RESIDENT LICENSED HOUSEHOLD DRIVERS ON THE POLICY INCLUDING CHILDREN AWAY AT SCHOOL. FAILURE TO DISCLOSE RESIDENT HOUSEHOLD DRIVERS IS CONSIDERED MISREPRESENTATION AND CAN JEOPARDIZE THE COVERAGE AND THE POLICY.