Is there a minimum level of coverage that is required by law?

In Florida, the answer to the question about minimum level of coverage required by law is yes. All drivers in Florida must have mandatory Personal Injury Protection (PIP) coverage in the amount of $10,000 per person, per accident. Other coverage is also required, such as Property Damage Liability of at least $10,000 per accident, and Bodily Injury Liability of at least $10,000 per person and $20,000 per accident. It is important to note that these minimum levels of coverage may not be sufficient to fully protect drivers in the event of an accident. Therefore, drivers should consider additional coverage to ensure that they are fully protected. Depending on one’s specific situation, this may include increased levels of PIP coverage, Bodily Injury Liability coverage, and Uninsured/Underinsured Motorist coverage. In addition, drivers may want to purchase optional coverage such as Collision or Comprehensive coverage to protect them from physical damage to their vehicle. It is important to remember that the minimum coverage levels are just that – minimums – and are not designed to provide complete protection. Therefore, drivers should consider their individual needs and budget when shopping for car insurance coverage in Florida.

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Is there a minimum level of coverage that is required by law?

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