Accident Insurance is a Must-Have
Reader’s Question:
I have been very cautious driver my whole life. I’ve never had any accidents or traffic violations for fifteen years now. And so I’m wondering: Could I just not renew my accident insurance? I feel there’s just no need for it.
Peter
Jacksonville, FL
Even if you have been a very cautious driver, one sometimes just cannot help for accidents to happen. And so, accident insurance is a must in most states to ensure that drivers and properties of every individual who could get involved in an accident will be taken care of. You should be aware that driving without any accident insurance could get you penalized, where your driving privileges, vehicle tag and registration could be on hold for as long as three years, or until you have given them proof that you have availed of an accident insurance policy.
You’ve said you have been a law-abiding driver for a long time-Well, having no car accident insurance will taint your record as the Department of Safety and Motorcycle Vehicles has ways in tracking registered car owners who have not renewed nor availed of any car insurance policy.
You will never know when and where accidents happen, and so an accident insurance policy will make both your life and your property secure. It will not be a good idea if you do not avail one. You could always get only the minimum required accident insurance coverage in Florida which is $10,000 for personal injury protection (PIP) and $10,000 for property damage liability (PDL).