THE PERAZZO LAW FIRM – MIAMI CAR ACCIDENT LAWYER AND INSURANCE CLAIMS ATTORNEY SHARES VALUABLE INSIGHT INTO INSURANCE POLICIES FOR FLORIDA MOTORISTS IN THE EVENT OF AN ACCIDENT IN HIALEAH, LITTLE HAVANA, MIAMI, ORLANDO OR ANY SOUTH FLORIDA CITY OR SUBURB.
Insurance Policies for Registered Motor Vehicle owners and operators in Florida.
CALL: 786-LAWS-411 or 888-PERAZZO / ONLINE: WWW.PERAZZOLAW.COM
Registered motor vehicle owners and operators need to know what kind of insurance policy they carry and how they are covered in the event of an accident in Miami or in any Florida city or suburb.
When injuries, losses or damages from accidents in Florida occur, the right insurance will protect you financially.
The Perazzo Law Firm shares valuable insight on the different kinds of insurance policies available to Florida registered vehicle owners and operators and this video will shed light on each of the insurance policies available to you. .
If in doubt about what kind of insurance coverage you have or how it works, contact the Perazzo Law Firm TODAY!
CALL: 786-LAWS-411 or 888-PERAZZO or visit the Perazzo Law firm ONLINE at:
www.perazzolaw.com
THE PERAZZO LAW FIRM – DEDICATED TO PUTTING YOUR INTERESTS FIRST, ALWAYS!
In Florida carrying insurance is both mandatory and extremely important.
Unfortunately, accidents happen and without the proper insurance accident victims may end up suffering monetarily as well.
An accident can lead to extremely high medical bills and make working to pay them off impossible.
It’s something that’s usually in the back of our minds, but it’s very important for vehicle owners to know what kind of insurance coverage they carry and what their insurance policies cover in the event of an accident.
Keep watching to find out more.
Uninsured Motorist coverage
Should you only have to carry the basic coverage policy they won’t cover the cost of treating severe injuries or pain and suffering lost wages and or any vehicle damages.
When an insurance policy holder requests Um from their insurance provider they can offer Unstacked Stacked Um coverage can be added on each of the vehicles the policyholder owns, but we’ll cover each vehicle individually and we’ll cover the vehicle being operated at the time of an accident.
Unstacked UM coverage is more often purchased when a policyholder wishes to add UM to one vehicle rather than two or more.
Bodily injury liability
Bodily injury isn’t required under Florida law but it’s recommended all the same to those who can afford it.
If you’re a victim in a motor vehicle accident, this is the insurance from which your car accident lawyer would seek compensation for your injury damages or lost wages.
BI also provides financial coverage for legal fees in the event the policyholder is taken to court for further legal action because of an insurance firm.
Umbrella Insurance Policy
An umbrella insurance policy provides added liability insurance used to safeguard the policyholder in the event of extraordinary claims and lawsuits by injured or deceased parties from car accidents.
Most insurance providers require policyholders to have at least 1 million dollars in assets to qualify for an umbrella insurance policy.
How much umbrella insurance coverage you need depends on how much your net worth is and how likely you are to take part in activities or carry out actions that could lead to serious personal injury damage or death to third party victims.
Collision
Collision insurance helps cover the cost of the vehicles owners repairs or replacements of the parts needed to replace those damaged in an accident.
Collision insurance is very useful to have for those driving expensive cars and who may be prone to driving aggressively on Miami roadways and streets.
However, collision insurance does not cover theft hit-and-run accidents damage to other vehicles or damage resulting from severe weather conditions that cause fallen trees or objects, nor does collision pay for medical bills in the event of injuries in the accident.
GUARANTEED AUTO PROTECTION
This type of insurance policy coverage offers a difference between the vehicles current monetary value and the amount still owed to the financial institution or company owed through a personal loan, dealer leasing contract, etc.
Gap insurance is common on brand-new vehicles or trucks used for commercial purposes because their depreciation is so high in the beginning.
Gap covers the space in between its market value or a financial lender.
Anything can happen on the road, so it’s important to be prepared.
Victims are loved ones that suffer injuries or losses from a car accident trucking incident motorcycle crash or any engine powered vehicle should consult the Perazzo Law Firm in Miami to find out more about what kind of insurance they have and how it protects them.
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