Liability insurance is a basic level of coverage that the state of Florida requires for every motor vehicle operated on the roads. It’s made mandatory due to the lack of coverage experienced before the passage of the law. Inadequate amounts or a lack of insurance coverage ends up being a huge financial problem for both parties involved in an accident.
The Ever-Present Risk of an Auto Accident
Millions of vehicles are moving on the expansive Florida highways and roads at any given time of the day or night. The odds of accidents are present, no matter the time or weather conditions. The sheer volume of vehicles make an accident a risk.
Shared Group Costs of a Policy Make Accidents Less Financially Devastating
Laws were put in place to require every motor vehicle to be covered by the basics of liability coverage as a means of minimizing the financial impact of …