Insurance For Car Carriers
Insurance for car carriers in Florida has different requirements than for personal car insurance. Personal car insurance in Florida does not cover bodily injury liability, but it must provide coverage for passengers and property damage. Property damage liability insurance covers damage to other people’s property and medical expenses. Personal injury protection also provides coverage for passengers in a florida car carriers and protects the driver and the passengers from medical bills and lost wages. Personal injury protection also pays for the other vehicle involved in an accident.
Progressive Insurance underwrites approximately 15% of Florida auto insurance policies. While the company is largely known for its online presence, it also has several full service centers in the state. Drivers can drop off their vehicle for an estimate at one of these locations. The employees at the service center coordinate repairs and offer a lifetime warranty.
Car carriers need special insurance for their trucks and trailers, which are vulnerable to auto accidents. They must also carry cargo insurance, which protects their cargo in case of loss or damage. In addition, insurance for car carriers also covers accessories. This coverage protects valuable car accessories in the car carrier, such as GPS navigation systems, mileage meters, navigation units, radios, and more.
Insurance For Car Carriers in Florida
Florida requires car carriers to carry uninsured motorist coverage and personal injury protection. These two coverage types help keep premium costs down, but they can lead to a higher out-of-pocket cost if an accident occurs. These accidents can’t be planned for, so it’s crucial to purchase additional coverage to help mitigate unexpected financial losses.
Liability insurance is a legal requirement for all car carriers, regardless of the type of service they provide. It protects drivers and passengers in an accident, and it also compensates for damages caused by the driver or the vehicle’s passengers. The policy also protects the truck itself. Physical damage insurance is particularly useful for car carriers with liens or a paid-off loan.
Fortunately, Florida insurance is affordable compared to most states, and minimum car insurance requirements are low. Insurers consider a number of factors when determining a driver’s insurance rates. A person’s zip code, gender, and driving record all contribute to the final cost. A recent at-fault accident, for example, can increase insurance premiums by $992 per year.
Geico is the second largest auto insurer in the country. This company offers a 10% discount if you have completed a defensive driving course. It also provides discounts to university alumni.
