In addition to mandating a minimum amount of personal injury protection for all motorists, the Florida insurance law also requires a specified amount of property damage insurance as well. This type of coverage differs from the no fault personal injury protection required by the law. The following is an overview of these requirements.
Unlike the stricter requirements of the Florida no fault insurance law that applies to personal injuries, property damage liability does cover another motorist’s property where the policy holder is determined to be at fault.
Property damage liability covers motorists in a Florida auto accident for certain damage to another person’s property caused by the policy holder’s automobile.
The coverage also applies to anyone listed under the policy of the motorist at fault.
Property damage liability only applies to damage that the policy holder or those insured under his or her policy is legally liable for.
Under Florida law, the term “property” is not limited to another vehicle. It can also include such other property as a fence, a building, or a pole.
If a Florida motorist causes damage to his or her own vehicle and he or she is determined to be at fault for the damage, property damage liability coverage does not apply. In order to be eligible for insurance coverage for this type of accident, the motorist would have to possess a collision policy, which is a different type of coverage.
For more information about Florida auto insurance requirements, contact an experienced Sarasota accident attorney. Complete our online submission form or call our office at (888) 409-3805 for a complimentary consultation.