Vehicle Insurance 16 Flashcards
1
Q
- There are three required auto insurance coverages in Florida. What is the first?
A
a. 10k/20k bodily injury protection per person/per incident
2
Q
- There are three required auto insurance coverages in Florida. What is the second?
A
10k property damage liability coverage
3
Q
- There are three required auto insurance coverages in Florida. What is the third?
A
10k personal injury protection (PIP) per person
4
Q
- Technically, Florida policyholders can reject which requirement?
A
Bodily injury liability.
5
Q
- What does bodily injury liability cover?
A
It can help pay for the other driver’s accident-related medical expenses when you’re found at fault in an incident.
6
Q
- Florida is a NO-FAULT STATE, which limits:
A
your right to sue an at-fault driver after an accident.
7
Q
- What does no-fault coverage do?
A
it applies to medical expenses after an accident (AND NOT TO DAMAGED PROPERTY)
8
Q
- At-Fault coverage is also known as:
A
PERSONAL INJURY PROTECTION (PIP)
