Florida Car Accident Lawyer Blog
When it comes to car insurance, a good rule of thumb to follow is to choose the absolute best insurance coverage you can afford and hope that you have the good luck never to need it. Insurance premiums for cars may be high, but if you’re ever in a car accident in Homestead or your community, having good coverage can make a big difference. It can help you pay for more of your medical costs, lost wages, and other expenses.
How can you choose the right coverage for you?
Start by considering your financial situation.
How much can you afford to pay in premiums? What is your credit score like? If your credit score is low, consider improving it in order to get a better rate on your insurance so that you can afford better coverage.
Take a look at your current insurance.
Do you have home insurance and car insurance? Are they at the same provider? Combining your insurance coverage into one bundle can often save you money and can get you better coverage. If it is been a while since you have switched providers or services, take a look at what is covered and not covered under your current policy. It may be time for an upgrade.
Get more coverage than you need.
Under Florida law, you must have car insurance. However, the coverage you actually are required to have is quite low. You don’t need underinsured or uninsured motorist coverage, for example, and you only need $10,000 of personal injury protection (PIP) coverage. In a hit-and-run accident or any serious accident in Homestead or your community, this type of coverage will not protect you. Look for a very robust policy that gives you as much protection as possible. If it is all financially feasible, get uninsured or underinsured driver coverage, as the rate of hit-and-run accidents in South Florida is high. Get as much personal injury protection coverage as you can or make sure that you have a medical plan that will cover a considerable amount of your medical bills.
Compare different providers for the best deal.
If you want better coverage but are balking at the cost of premiums, compare different providers and ask different insurance companies whether they can match the best deal. Consider increasing your deductible in order to keep your premiums low, but make sure that you can afford that deductible if you are ever in an accident.
Don’t rely on your insurance too much.
Even if you get the Cadillac of car insurance policies, don’t rely on your insurance too much if you are ever in a car accident. When you are shopping around for a policy, insurance companies will offer you the world. When you are actually in a car accident, the amount that you were quoted may not cover your full cost of injuries. If you are in an accident, make sure that you contact a personal injury lawyer to get legal advice about how much your injuries may end up costing you. This can put you in a better position to negotiate with your insurance carrier to get fair compensation.
Would like to know how much your injuries may cost? Do you need help dealing with an insurance carrier after a serious injury? The attorneys at Flaxman Law Group would like to meet with you in a free, no obligation case review to discuss the facts of your potential case and to assist you in getting compensation. Simply contact our law firm today for your free appointment.