What Does Auto Insurance Actually Cover?

Auto insurance is more than just a driving requirement in Florida, it’s also a layer of liability protection and financial support that can help you get past an accident. Coverage features, threshold, and rules vary between policies, making it important to understand what’s available with auto insurance. Knowing your options is key for protecting yourself and for peace-of-mind.  

The state of Florida requires all drivers to carry basic economic loss benefits and automobile liability coverage. This type of policy is known as personal injury protection. Under this basic policy, you and members of your household can receive payments for medical bills, replacement services and lost wages. While these costs are paid no matter who is at fault, the payouts are limited and may not cover the total damage caused by the accident.

Additional policy options increase payout limits for liability coverage, which helps pay for injuries and property damage considered to be your fault. Other options include underinsured coverage, which pays for medical expenses caused by the other driver, and uninsured coverage, which helps pay for medical expenses when the other motorist is at fault and is not insured. Speaking with an insurance specialist at McCormick Insurance Inc. in Pembroke Pines, FL will help you explore additional protection, including collision and comprehensive coverage.

For additional information on auto insurance and coverage options in Pembroke Pines, FL, please contact McCormick Insurance Inc. today. Knowing what your auto policy covers is critical, because you don’t want any surprises right after you’ve been in an accident. The right amount of coverage can mitigate financial risks and make recovering from an auto accident more manageable.