If you live in Miami, Florida or you want to stay there for longer than 90 days you must have Florida auto insurance.
Remember that driving without auto insurance is against the law. You must have auto insurance even for vehicle which is inoperative,if it has Florida registration tag.
You must obtain auto insurance from Florida, not another state.
Miami Auto Insurance Requirements
The minimum coverage required is:
1. PIP – Personal Injury Protection, $10,000.
2. PDL – $10,000 Property Damage Liability,$10,000
Bodily Injury Liability (BIL) coverage may be required if you have been involved in an accident in the past or
Note that Florida is one of the few states with No Fault auto insurance law.
This means that if you are involved in an accident, your insurance company will cover your medical expenses, regardless of who was at fault. The at fault party is responsible for covering the property damages.
Ways to save money on Miami Auto Insurance
Recent statistics show that drivers in Miami pay slightly higher car insurance premiums compared to other cities in Florida.
Of course, there are some things you can do in order to lower your premiums.
1. Reduce your mileage – use public transport whenever you can and also walk. Driving less means less expensive car insurance and less spent on gas every month.
2. Pay attention on the road- if you have speed tickets or other traffic violations, vehicle in Miami will not come cheap.
3. Go online and compare – shopping around can literally save you hundreds.
Get free Miami auto insurance quotes in minutes and see how much you can save today.
Why is Miami Auto Insurance Different?
A combination of factors are responsible for making Miami car insurance quotes and rates unique from any other city.
Traffic – As the only Florida city to rank on the top 10 list for traffic congestion, Miami placed No. 9 in a report by the Texas Transportation Institute.
Tourists – The sub-tropical climate in Miami makes it different from other major USA cities. Approximately 12 million visitors per year ranks Miami, Fl as one of the nations top vacation destinations.
Foreign nationals – There are a staggering number of people from another country who live in Miami, Florida permanently. In 2006 Miami-Dade County, Florida had the highest percentage (50.3 percent) of foreign born residents relative to the total state population (Migration Policy Institute).
Senior citizens – The climate in Miami, Fl not only attracts tourists and foreign nationals, it is a haven for senior citizens. As older drivers age, experience and caution does not compensate fully for impaired eyesight and slow reflexes.
Automobile theft – According to the National Insurance Crime Bureau (NICB), Miami, Florida is the number one city for automobile theft. The port of Miami and an elevated number of high profile vehicles in the area contribute to this unsettling statistic.
Fraud – Fraud and abuse have permeated Personal Injury Protection (PIP) coverage which is required by Florida law. Medical, legal and other escalating costs associated with PIP materially affect the auto insurance premium in the Miami, Fl area.
