Quote:
Originally Posted by jcruz
I'm not sure about other states, but in FL, you need to show proof of insurance to register a car. And you need to register a car if it's kept on your property.
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Each state has a
minimum required auto insurance to cover you
for what you did to someone/something else in an accident.
I looked it up and in Fla its:
Required Coverages
Florida’s Financial Responsibility law requires you to maintain liability limits of at least:
$10,000 for bodily injury to or death of one (1) person in any one (1) accident
$20,000 for bodily injury to or death of two (2) or more persons in any one (1) accident, subject to the $10,000 per person limit
$10,000 for injury to or destruction of property of others in an accident
Such coverage is often written as 10/20/10 or 10,000/20,000/10,000
So you don't HAVE to insure the value of your car.
I'm NOT an insurance agent