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Is Your Florida Coverage Sufficient?

http://www.cheap-auto-insurance-today.com/ No matter where you live, you can find an auto insurance policy to meet your state’s requirements and which will serve to protect you and your assets in the event of an accident. It is the law in all states that you must maintain a certain level of liability insurance. This is to protect other drivers on the road and, by protecting them you ensure your own financial well-being by guarding against eventual lawsuits and judgments. A few states have a different insurance system in which the “rules” around auto accidents are a little different. If you live in Florida, for example, cheap auto insurance in Florida is based upon the “no fault” model of insurance. This means that all automobile owners in the Sunshine State are required to buy cheap auto insurance in Florida sufficient to provide $10,000 in coverage for medical purposes. Unlike other states, cheap auto insurance in Florida is designed to pay the medical bills of the policyholder himself. It is assumed that, if all auto owners respect and obey the law, there will always be money available to treat accident injuries. Unfortunately, this is not always the case. Studies show that while the National economy falters, more and more people are allowing their auto insurance policies to lapse. This means that if you are driving under a policy which is in line with the laws concerning cheap auto insurance in Florida, or anywhere else, you are probably sharing the road with countless uninsured motorists who will be unprepared to pay if your injuries rise above the amount of your own insurance. To further complicate the business of cheap auto insurance in Florida, the limits which are established and work on the naïve assumption that everyone will comply with the law are very low.

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Uploaded on Aug 6, 2012

Categories cars

Tags florida, cheapautoinsurance, cheap-auto-insurance

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