I Think In Some States It’s Optional, But Is Florida One Of Them?
You are required to carry auto insurance in all 50 states. Some states simply require that you carry different coverages.
In Florida you are required to purchase liability insurance (this pays for damages you cause another vehicle if you cause an accident) and you are also required to purchase Personal Injury Protection (this pays for your own injuries in an accident). Call any Florida insurance company and they can tell you exactly what limits you need and can give you a quote.
In response to everybody telling me that I’m wrong and this state for that state doesn’t require insurance and I need to research….technically you’re right but you’re also an idiot. Both Wisconsin and New Hampshire have what are called “Financial Responsibility Laws” which are actually what is active in the majority of states. Basically, this means that you either have to carry insurance OR you have to have sufficient money set aside to pay for damage you cause in an auto accident. For example, you don’t want to pay for insurance, but you have $50,000 saved up. You can purchase a bond which basically forks over your $50,000 to the state to pay for any accidents you cause. This way, you have money set aside to cover yourself in an accident. You can’t use this money at all, it is set aside strictly to pay for an auto accident. If you sell your car and no longer need to be “financially responsible” you get your $50,000 back. But now you’re risking your own money to pay for an accident instead of paying an insurance company to risk their money.
Sorry I forgot to mention that alternative…only an idiot would put up a financial responsibility bond instead of pay a much smaller monthly premium to have the insurance company risk their money.
