What is Collision Insurance? In the state of Florida, purchasing collision insurance means that you will have coverage for any damage to your vehicle if it is involved in a collision with another car or object. This coverage is given to you, the policyholder, whether you were at fault for the accident or not.
How many vehicles are insured in Florida?
- In Florida, the Department of Highway Safety and Motor Vehicles (DHSMV) reports that as of August 10, 1999, there were a total of 18,308,808 titled/registered vehicles of all types in Florida. This total includes approximately 7.3 million non-commercial insured vehicles in Florida.
What is Florida’s disclosure law for car repairs?
- Florida’s disclosure law is closely tailored after the National Association of Insurance Commissioners (NAIC) model legislation. Section 559.905, F.S., specifies the conditions for a motor vehicle repair shop to provide a written estimate for repairs of a motor vehicle.
Who regulates auto insurance rates in Florida?
- For insurers that are not self-insured, section 627.0651, F.S., is the insurers rating law and authorizes the Florida Insurance Commissioner to regulate motor vehicle insurance rates as a means of protecting insured consumers.
Is Florida a consumer protection State for motor vehicle repair?
- Florida law appears to be consistent with prevailing consumer protections relating to motor vehicle repair pursuant to the “Florida Motor Vehicle Repair Act”, the “Aftermarket Crash Parts Act”, and the “Florida Insurance Code”, among others.