Jacksonville Auto Insurance – Tips for Shopping for Car Insurance in Jacksonville Florida

If you are a resident of Jacksonville Florida and you own a vehicle or if you spend more than 90 days a year in this state, then you are required to purchase Jacksonville auto insurance. Find out how to buy an affordable policy that meets the state requirements.

There is a no-fault law in the state of Florida. This regulation states that in a collision accident, the insurer of each person involved pays his/her medical expenses, irrespective of who is at fault. That is why you are required to purchase personal injury protection (PIP) coverage. The minimum amount of this coverage is ,000. Still, given that you or a loved one may incur more serious injuries, you might want to buy more of this coverage. It is a good idea to look for deals that offer premium discounts for responsible drivers and/or safe vehicles.

Given that there is a no-fault law in this state, your Jacksonville car insurance does not have to include bodily injury liability coverage. It is not mandatory to buy such coverage of any amount. Still, you are highly recommended to buy some bodily injury liability coverage for a number of reasons.

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The fact that there is an active no-fault law in Florida does not fully take away the right of car crash victims to seek compensation from the responsible driver. If you are found to be at fault, the other people involved in the collision may be eligible to seek compensation and pursue a lawsuit against you. If you do not have bodily injury liability coverage, you will have to pay the compensation out of your pocket.

You are legally obliged to have property damage liability coverage of minimum ,000. It is a good idea to buy some more in order to get better financial protection. If you believe that you are highly unlikely to cause a collision and property damage, you can readily set a lower premium and a higher deductible. Just make sure you have the financial ability to cover for the risk you are taking.

When you go to a Jacksonville auto insurance company to buy a policy, you will be offered to purchase underinsured and uninsured motorist bodily injury coverage. This type of coverage protects you financially, in case the driver responsible for the car crash has little or no insurance. It is combined and is not mandatory for drivers and vehicle owners in the state. However, insurers are legally obliged to present it to every client.

Given that you are required to buy PIP coverage, it does not seem to make much sense to purchase underinsured and uninsured motorist bodily injury coverage. Still, this gives you higher financial protection, so you may want to include it, especially if you find a deal that is affordable.

Florida is known for having some of the most expensive policies in the United States, with the average price being ,674, while the national average is just ,538. This means that you will have to pay around 9% more for a policy that the average American. The good news is that the Jacksonville car insurances prices fell by 5% in 2009 and kept this level into 2010. This means that now you can purchase more coverage with the same amount of money than in 2008. Currently, the price increase on a monthly basis is 5% and is expected to rise.

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