Different Types of Vehicle Insurance Coverage

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Different Types of Vehicle Insurance Coverage

The moment that you owned a car you must also obtain automobile insurance policy because having an absolute and quality vehicle insurance plan will considerably protects you and your vehicle in the event of accident.

Most states in the U.S. requires every resident drivers to obtain an at least minimum liability coverage. In Florida, the state laws requires 10/20/10 liability coverage and coverage for no fault personal injury protection PIP. It requires 20,000 dollars for bodily injury and physical damage per accident with 10,000 dollar limit per person involved and property damage liability amounting 10,000 dollars. The no fault or personal injury protection PIP requires 10,000 dollars for bodily injury and property damage liability. Personal injury protection approximately pays an up 80 percent of medical expenses and 60 percent of loss wages. The said coverage considerably protects every policyholders in the event of accident if there is any vehicle damages and bodily injury for medical expenses.

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