Vehicle Insurance Companies and Coverage
When searching for a policy it’s important to purchase a plan that contains an adequate amount of coverage in order to remain properly protected in the event of an accident. Most residents are only required to purchase a plan that contains $10,000 for Personal Injury Protection (PIP) and $10,000 for Property Damage Liability, but these simple limits do not cover damages to a policyholder’s own vehicle and do not include Bodily Injury Liability. Because of this resident with minimal coverage may be financially vulnerable after an accident. Comparing the amount of protection that various companies offer while remaining affordable can help residents to become better prepared in the event of an accident.
The quality of service that a FL resident receives from an insurer is also an important factor to consider when purchasing a protection plan. After an accident it’s essential that coverage providers handle claims quickly and treat customers courteously. An excellent way to investigate these qualities is to complete a Division of Consumer Services Complaint Comparison provided by the Florida Department of Financial Services and research the number of complaints that various insurers may have accumulated in a give time period. The number of justifiable grievances that an insurer has in relation to their number of customers can sometimes provide some valuable insight into how well that company interacts with customers. Gathering such information before making a purchase can be tremendously helpful in finding a suitable policy.