Looking for low cost auto insurance in Tampa Florida? Want to know how to get the cheapest rate with a top company? Read on …
Minimum Auto Insurance in Tampa Florida
The least amount of auto insurance you’re required to carry in Tampa Florida is:
$10,000 bodily injury liability coverage for one person – This is the maximum amount your insurance will pay when you injure or kill someone in an auto accident. It also covers people driving your car with your permission.
$20,000 bodily injury liability coverage for everyone – This is the maximum amount your insurance will pay for everyone you injure or kill in an auto accident.
$10,000 property damage liability coverage – This is the maximum amount your insurance will pay when you damage someone else’s vehicle in an auto accident. .
Personal Injury Protection – This coverage pays your medical expenses and your passengers medical expenses when you’re involved in an accident. It also pays you and your family’s medical expenses when you’re injured in someone else’s car or while walking.
These are the minimum amounts of insurance you need to carry in Tampa Florida, so if you want the cheapest insurance this is all you need to buy. However, you may also want to carry the following coverages:
Collision coverage – Pays for repairs to your car when it’s involved in an accident with another vehicle no matter who was at fault.
Comprehensive coverage – Pays for repairs to your car caused by fire, theft, vandalism, and acts of nature.
To save money on collision and comprehensive coverage, increase your deductible to an amount you can afford to pay if you were to file a claim
Low Cost Auto Insurance in Tampa Florida
Premiums for the same insurance coverage can vary significantly from one company to the next, so in order to get the best rate on your auto insurance you need to compare rates from different companies. The easiest way to do this is to go to an online comparison website. There you can get rate quotes from A-rated companies and even get answers to your insurance questions from insurance experts.
By: Brian Stevens
Posts Tagged ‘Different Companies’
How To Get Low Cost Auto Insurance In Tampa Florida
January 12th, 2010Auto Insurance For Your Kids
November 18th, 2009
Auto insurance can be very expensive for young drivers. Parents are often worried (with good reason) when a young adult reaches driving age. Here are some things that can help manage the risk and cost.
My opinion is that a young driver should generally not be given a car and insurance without cost or obligation. If the young adult has to work or make a significant household contribution they may have more respect for the privilege being granted. It could also be helpful to have a written agreement about your rules for granting driving privileges. In most states a parent can withdraw permission for the young adult’s driver’s license. This should be considered if the young driver shows recklessness. Many insurance companies have a young driver’s safety program. Your agent may have information on this. Your insurance agent may also be willing to consult with the new driver about how the family’s policy will be affected by an accident or ticket for the new driver. To help keep costs down it is very important for the new driver to avoid tickets or accidents. A couple tickets or accidents could result in the entire family’s auto policy costs to be extremely high!
The largest factor to holding down a young drivers insurance cost is to have liability insurance only on the new driver’s vehicle. That would only be advisable if the cash value of the young persons vehicle is low and you can afford the cost of losing it. The type of vehicle driven can also make a significant difference. (In general the type of car the young adult doesn’t want will have the lowest insurance cost, for example a station wagon vs. a high performance sports car.) Most insurance companies give a discount if the new driver completes an approved safety course. There may also be a good student discount. Check with your insurance agent about available young driver discounts. If the rate for adding the new driver doesn’t seem reasonable you may want to shop rates from different companies. One item that you should not skimp on is the amount of liability coverage. THE STATE MINIMUM IS NOT ENOUGH PROTECTION! Consult with your agent and be sure you and the new driver have enough coverage.
By: Glenn Lamb