Car Insurance Refund Florida FL

Reader’s Question:

Hi I’m Warren and I want to know how long do I have to wait for a refund when I remove a vehicle from my insurance policy, and the premium has been paid in full for the year? I live in Orlando, FL.

Wallace

Orlando, FL

The period of time in which you should receive your refund from a car insurance company for removing a vehicle from your policy will generally be dictated by state statutes or laws. Many states require car insurance companies to send you a refund for their unearned premiums within 30 days.
For instance, Florida has state statute 627.7283 which says that the unearned premium must be returned within 30 days of the insurance company’s receipt of the written request for cancellation, or the company must pay interest at the rate of 8%. If a premium finance company is involved, the insurance company is responsible to refund to the premium finance company within 30 days.

To find out what law your state has set forth regarding car insurance refunds you should check with your state’s insurance regulatory agency.

Tags: auto insurance premium, automobile

SR22 Insurance Clearwater Florida FL

Reader’s Question:

Hope someone from here can help me understand my auto insurance issues in Clearwater, Florida FL…thanks.

Bunny

Clearwater, FL

There are several insurance carriers in Clearwater, Florida which are ready to help you recover your suspended license. Just like any state, the State of Florida has minimum mandatory insurance coverage of 10/20/10, as defined to be $10,000 bodily injury for one person in one accident, $20,000 for two or more persons in one accident, and $10,000 property damage incurred in one accident. The State of Florida also requires uninsured motorist bodily injury and personal injury protection.

There are some auto insurance companies in Florida that also operate in other states. Within Florida, SR22 insurance policy can be issued to reinstate your driver’s license due to a past offense. The State’s Secretary office in Tallahassee oversees the citizens of Florida state, and monitors the status of all drivers licenses. If you have had certain violations in Florida, you will need to satisfy them to recover your license in Clearwater, Florida. This process of communication occurs between appointed insurance companies and the state of Florida. The SR22 system of communication is the tool to accomplish the license release for any suspended license.

There is a newer insurance tracking program in Florida called the FR-44 insurance filing. Similar to the SR-22, it will take care of your license, and you can insure a vehicle as well.

Tags: DUI auto insurance, non-owner auto insurance, non-owner policy, sr22, SR22 filing

Car Insurance Tallahassee Florida FL

Reader’s Question:

Will full coverage do better than liability insurance when it comes to insuring my car in Tallahassee, Florida?

Verna

Tallahassee, FL

Full coverage auto insurance policy is actually two forms of coverage on top of liability – comprehensive coverage and collision coverage. You can choose to have comprehensive coverage without collision, but not collision without comprehensive. Your car insurance policy in Tallahassee with liability and comprehensive coverage would be something in between the legal minimum and full coverage.

Comprehensive coverage is sometimes referred to in Florida as other-than-collision coverage, or OTC. Obviously, this covers damages to your vehicle that arise from something other than a collision. Examples would include theft, fire, weather damage, etc., but the insurance companies confuse the issue by including accidents with animals as part of comprehensive coverage, rather than collision and other accidents.

Comprehensive auto insurance policy is designed to cover things that are less likely to be your fault. Collision coverage will be optional add-on to comprehensive. This isn’t optional if you still owe money on your car! That is why if you got your car on financing, finance companies require borrowers to carry full car insurance coverage on their vehicles.

To lessen confusion, just think of the basic principle in buying any insurance in Tallahassee Florida FL. You should get the most out of what you spend. As most people look at insurance as an annoying expense, it is really an investment. As a financial product it should be viewed that way.

Tags: auto insurance, car insurance

Car Insurance Miami Florida FL

Reader’s Question:

I drive a refurbished car in Miami, Florida. A mustang rear ended me and it was obviously not my fault. I am so upset about this since my insurance premiums shoot up. Why would my auto insurer punish me for an accident that wasn’t really my fault?

Missy

Miami, FL

Chances are, you might be penalized not of that particular rear-ending accident in Miami, FL but of a past traffic violation or accident, months or even years ago.
Do you think you have a spotless driving record in Florida? If you have a spotless driving record in Miami FL, then it is highly unlikely that your premiums will increase after an accident that wasn’t your fault.

But if you have just one related traffic violation, or fender bender prior to this no-fault accident, then you will probably see an increase in your rates in Miami, Florida.
So how long will you have a red flag after a specific accident in FL?

It depends on you local insurer. If you were an accident that was your fault two or three years before this no-fault accident, your auto insurer might consider you “accident-prone” and increase your rates.

Note that the length of time between accidents varies from one company to another.

Mind you that “fault” is always determined by the authorities. You may feel that you were not at fault in an accident, or that the other driver was a reckless monster but only the authorities can make that decision.

Whoever got the ticket for the accident is always the one at fault.

 

Tags: auto insurance, car insurance

Auto Insurance Fort Lauderdale Florida FL

Reader’s Question:

I got into an accident while I was driving my fiancé’s car. We’ve been living in for a year, but I’m not yet added to her insurance policy in Fort Lauderdale yet. It was not my fault. A truck cut me off, and I rolled my fiancée’s SUV. I believe the car is totaled, what will happen now? I know that the trucking company should be responsible ultimately but I do not want to go through the settlement process. I have not yet fully recovered from my injuries. Do you think I need to contact a lawyer? Or try and settle out of court with the trucking company?

Daniel

Fort Lauderdale, FL

If the truck driver was found to be at fault in this accident, then you should file a claim against his insurance company for the damages to your fiancé’s vehicle. In order to do this, you need a copy of the police report.

It’s seems that you’ve been seriously injured. In, FL, policyholders are required to carry Personal Injury Protection (PIP) coverage which pays for all injuries sustained in an accident regardless of who is at fault. This is the insurance coverage that you should use to pay for your medical expenses if you have PIP coverage on your own. Your fiancé’s PIP insurance covers all licensed drivers who use her vehicle with her permission. However, the vagaries of Florida law state that your fiancé’s PIP won’t cover your injuries if you are supposed to carry PIP coverage on your own (for example you own a vehicle in Florida) but do not.

Contacting your insurance agent or your insurance company in Fort Lauderdale, FL is the primary thing you need to do in order to know the language of your policy terms. I would suggest consulting a personal injury lawyer if you decide to make a claim against the truck driver for the pain and suffering you received after the accident. Insurance claimants rarely know the monetary value of their pain and suffering claims.

 

Tags: auto insurance claims, automobile

Car Insurance Brandon Florida FL

Reader’s Question:

I live in Brandon, FL. I am carpooling with four other people on my way to work every day. Another driver crashed into the rear of my car and he was clearly the one at-fault. The sad thing was one of my passengers was injured. And what was worse, the at-fault driver only has minimum bodily injury liability insurance which is not enough to cover for medical expenses. What would happen?

Matthew

Brandon, FL

It’s a sad thing to be in an accident where you’re not the only one involved. Most states require that you purchase Personal Injury Protection (PIP), which is the insurance coverage that pays for medical bills, lost wages, or pain and suffering that you or any of your passengers incur from an accident in your car. Your state is one of the “No-Fault” states which may mean that both you and the driver who hit your car are off the hook. Auto insurance companies that are in No-Fault states must have must pay medical bills for you and your passengers regardless of who caused the accident.

In FL, the minimum liability limits are $10,000 for injury liability for one person in an accident, $20,000 for all injuries in an accident, and $10,000 for property damage in an accident. After the at-fault party’s liability coverage has been consumed, your PIP coverage would kick in and pay for the rest of the damages. If the medical bills exceed your PIP insurance, your passenger can sue the other driver for the rest of the damages. If you’re looking for cheaper auto insurance rates, this website can help you easily get auto insurance quotes in Brandon, FL. I’m recommending it.

 

Tags: auto insurance, car, car insurance quotes, car insurance rate

Teen Non Owners Car Insurance Cape Coral FL

Reader’s Question:

My teenage son barely drives and so I’m thinking of taking him off from my policy. If in case he gets in an accident, will he still be covered since to my understanding the car has insurance under my name? We’re from Cape Coral, FL.

Simon

Cape Coral, FL

Your insurance company in Cape Coral, FL may not allow you to take off your teen from your policy since your son is already licensed and lives in your residence unless he turns in his license or gets his own policy. Your son does not have his own car yet so getting his own policy may not be a good option for you. A non-owners policy would not be of help either. It only works as a secondary insurance and if the primary insurance, yours, would not pay out (due to him not being on the policy) then the non-owners would not typically pay out either.

If you still would want to take off your teenage son from your policy, you can discuss this with your insurance agent in Cape Coral, FL but more likely as previously mentioned, they will insist that you keep him on it. You may be required to exclude him from the policy if you choose to take him off, in which case he would not be covered by your insurance policy if he drove the vehicle and was in an accident.

 

Tags: car insurance quotes, car insurance rate, non owners insurance, teen insurance

Car Insurance Coverage Florida FL

Reader’s Question:

I understand that in order to finance a vehicle in Cape Coral, FL, I’m required to have full-coverage car insurance. However, every time I shop for car insurance quotes, there isn’t an option to just choose “full-coverage”. I would have to choose deductible and other services. What really is called a “full coverage” car insurance?

Sabina

Cape Coral, FL

What people refer as “full coverage” is the state’s minimum required liability coverage plus coverage to protect your own vehicle. By definition, full coverage is the insurance coverage that includes physical damages of collision and comprehensive which cover the damages caused to your own vehicle.

To break it down, collision coverage covers the damage to your automobile caused by collision with another object while comprehensive insurance covers damage to your automobile from vandalism, theft or glass breakage. Like what you’ve mentioned, if you’re financing or leasing your vehicle, physical damage coverages are required.

As for what specific coverage you will be required to carry on the vehicle until it is paid in full, your financing company should be able to discuss this in the loan or lease paperwork. In the state of Florida, this likely means property damage liability (PD), Personal Injury Protection (PIP) and collision and comprehensive. Since your financing company may have limitations on what your deductible amount should be, read through your paperwork or better yet speak with your Cape Coral, FL auto insurance agent to determine what exact coverage you’re required to carry.

 

Tags: auto insurance, automobile, car insurance agent

Florida Car Insurance Lapse

Reader’s Question:

How much is the fee for lapse in car insurance for Florida? I live in Daytona Beach.

Patrick

Daytona Beach, FL

The Florida Department of Highway Safety and Motor Vehicles matches a registration to information it receives from every insurance provider. If your car is not insured you should be notified, but it does not always happen.

If you fail to keep auto insurance on your car that is registered in FL, the FL Department of Highway Safety and Motor Vehicles is authorized to suspend your drivers license, including your car registration and vehicle tag, for up to 3 years or until proof of Florida car insurance is shown, whichever is first.

If your drivers license is suspended because you are not properly insured there may be a penalty to reinstate your drivers license. A reinstatement fee of $150 to $500, for subsequent infractions, is due and you must provide proof of current Florida car insurance.

 

Tags: autos, car, car insurance, insurance advice

Auto Insurance Orlando Florida FL

Reader’s Question:

I am currently living in Orlando Florida and I am planning to purchase a vehicle in Pennsylvania. I do need to drive this vehicle back to Florida so I am wondering how do I get car insurance that would be able to be transferred from PA to FL?

Sarah

Orlando, FL

First thing you have to do is to find out if you are allowed to directly put Florida car insurance on this new vehicle when you take possession of it or if you need PA insurance to pick it up and drive it home to Orlando Florida. The FL HSMV and PA DMV should be able to advise you regarding this situation of purchasing a car in one state to drive back to the state you reside in.

If you find out that you will need PA car insurance to drive the car home to Orlando Florida, you can visit individual car insurance company websites to check where you can purchase your PA car insurance, however you will then need to buy new Florida insurance once you have reached FL. Some insurance providers will assist you change over or adjust the coverage from one state to the other if they are licensed to offer insurance policies both in PA and Florida.

 

Tags: car, car insurance, insurance advice

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