Sarina Fazan – So what is comp, collision and gap coverage? Royce Haddad – Comprehensive coverage covers your vehicle for fire, theft, flood. If you live in certain places here in St. Pete, a good thunderstorm, your car might be flooding. That’s what comprehensive coverage does, covers your vehicle for all other perils, other than…
The basic minimum is $10,000 of the no-fault. And people get really upset. “Why do I have to use my insurance?” It’s because it’s mandatory. If you got hurt in an accident and you walked into a local hospital and you said, “I have Medicare, Medicaid, VA benefits, Blue Cross.” The second you say, “I…
Sarina Fazan What are the auto insurance requirements in the state of Florida? Royce Haddad Currently in the state of Florida, the auto insurance requirements are very minimal. Very minimal, it does not cover much. You have to carry a $10,000 property damage liability policy, which means if you cause an accident, your insurance will…
