MIAMI CAR ACCIDENT LAWYER SHARES VALUABLE INSIGHT ON MOTOR VEHICLE INSURANCE POLICIES IN FLORIDA
Nobody gets behind the wheel of their car or truck expecting to get into an accident. Unfortunately, motor vehicle accidents in Miami are very common, and to protect your financial and physical well-being, insurance coverage helps to provide you, passengers, and other drivers with protection.
In Florida, carrying basic insurance is mandatory for registered motor vehicle owners. According to the Florida Bar, basic insurance consists of Personal Injury Protection (PIP) and Property Damage Insurance (PD). PIP insurance coverage safeguards the insured party (driver and/or household relatives on the policy) for up to $10,000 minus any deductibles regardless of fault. In the event of an accident that involves personal injury, the healthcare facility or doctor will be responsible for billing the insurance provider once the policy holder signs an assignment of benefits. PD insurance covers damage to another individual’s property as a result of an accident regardless of fault. The Perazzo Law Firm reminds PIP and PD insurance policy holders that these basic policies usually fall short of covering the full extent of injuries or losses. That is why, our car accident attorneys urge motorists to carry additional policies if economically viable. The insurance policies listed below (in order of importance) are highly recommended: