Last Updated: 14 Jan 2022
When you are looking to buy insurance from the top car insurance companies in Florida, you must consider many factors such as the premium option, additional coverage, claims to handle, and the level of customer satisfaction. Likewise, learn why car insurance company not paying claim. All these factors jointly contribute to the overall experience of the insured with a particular insurer.
Why do you need to pay extra attention to choosing car insurance in Florida?
Florida has high car insurance rates due to its weather conditions and its no-fault law. When the rates are high, you must get a coverage that is worth the rate. Therefore, you must pay extra attention and consider all important factors when choosing among Florida’s top insurance companies.
Natural Disasters in Florida
CNBC states that Florida has to deal with dangerous hurricanes each year as the weather conditions worsen. Florida faces the second-highest total loss due to storms in the nation.
One of the deadliest instances happened when hurricane Michael hit Florida. It killed almost four dozen people and destroyed coastal communities. When so much is at stake due to natural disasters, insurance companies are taking bigger risks than other states. Therefore, Florida’s top car insurance companies will give you additional coverage options at an added premium amount.
What does it mean when I say Florida is a no-fault state?
When you consider buying car insurance, your state’s insurance-related law has a huge impact on your coverage requirement and premium. Therefore, you must be aware of the no-fault law if you live in Florida.
Florida Physical Medicine states that the no-fault law means that both parties involved in the accident will turn to their respective insurers for coverage irrespective of who was at fault. Therefore, all car insurance policies in Florida must mandatorily have Personal Injury Protection (PIP). When a no-fault law is in place, it removes the hassle of getting a claim from an unknown party, and you can get immediate help for paying your medical bills. However, the drawback here is that PIP has a lower limit for medical bills.
In such a case, the top car insurance companies in Florida will give you an option of increasing your coverage limit for a minimal increase in the premium amount.
How to choose the top car insurance companies in Florida?
Finally, you must know how to make the best choice for your car insurance policy. Here are some tips:
- Always shop around when you want to renew an existing policy or buy a new car insurance policy.
- Look for offers, insurer ratings, and compare quotes.
- Take advice from your local insurance agent and choose the insurer’s deal that fits the best in your requirement list.
There can be many top car insurance companies in Florida. However, there can be only one perfect insurance package that is customized for your car. Therefore, choose a policy offer that is tailor-made to fit your needs with the help of an independent insurance agent.
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What happens if an insurance company refuses to pay a claim?
If an insurance company refuses to pay a claim, the policyholder may have grounds for a lawsuit against the insurance company. The policyholder may also file a complaint with the state insurance department.
Can an insurance company ignore a claim?
No. An insurance company cannot ignore a claim. The policyholder has a right to file a lawsuit if the insurance company refuses to pay the share.
What should I do if my insurance company denies my claim?
If an insurance company denies a claim, the policyholder should read the denial letter carefully and determine whether all the reasons for the denial are listed.
When can an insurance company refuse a claim?
An insurance company could refuse a claim if the policyholder did not take reasonable steps to prevent the loss. For example, if a policyholder fails to lock their car and is stolen, the insurance company may deny the claim.
Chris Boyd Witherspoon
Stone Mountain, GA 30087