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Key West Car Insurance

Key West car insurance is a must. As you probably already know as a Key West resident, this is a city that is frequented by tourists year round. As a port of call on many Caribbean cruises as well as a prime vacation spot for people from all over the world, Key West's beauty and balmy weather is practically irresistible. Thus, tourists in are likely to be all over both major and small highways at all hours of the day and night. While the constant tourism is great for the Key West economy, it also means that people driving around the city may be lost, confused or paying more attention to the sights and sounds of the location than they are to the road.

In other words, having adequate Key West car insurance is essential. Many people assume that finding good Florida auto coverage that they can afford is practically impossible. However, finding the right insurance can be a very simple, fast and inexpensive procedure if you are well educated on the subject. By taking a few minutes to better understand the different types of coverage and the requirements in Key West, FL, you are much more likely to get what you need without frustration.

State Requirements

Florida is one of most states that requires all registered drivers to obtain car insurance. You cannot purchase a FL driver's license plate without having the required auto coverage. One thing to note is that FL, again like many states, operates under the "No Fault" system. This means that when a car accident occurs, both parties are considered to be at equal fault and your car insurance company will pay for your medical expenses and vehicle's damages up to the limits of your policy. The minimum requirement is $10,000 in PIP (personal injury protection) as well as $10,000 in PDL (property damage liability). [1]

If you decide to drive without the necessary coverage, there are a few things that could happen. Firstly, if you are pulled over, you will likely pay a hefty fine and receive points on your license. If you are pulled over a second or subsequent time without proper coverage, you could face having your license revoked, pay even higher fines and face jail time. Worse yet, if you are involved in an accident and do not have insurance, you will have to pay the fines associated with the accident in addition to the above costs.

Having the minimum PIP and PDL is required, but anything more is up to you. However, it is strongly suggested that you increase the amount and type of Key West coverage you have just to cover your own expenses. There are many more types of coverage available and they all address different issues that can come up as a result of accidents or other mishaps that can happen to your vehicle. Knowing the benefits of each is key to successfully shopping for automobile insurance estimates.

Types of Coverage

One type of Key West auto insurance coverage that people often overlook or leave out is comprehensive coverage. Key West car insurance policies with comprehensive coverage is not required to drive legally, but it can be a wise thing to add. For example, if you were to hit a deer or other animal and your vehicle suffered severe damages, your basic coverage will not do much for you. The same goes for vandalism, theft, weather damage (such as hail, or falling branches) - all of these things are covered by comprehensive Key West car insurance. Your car insurance will pay to repair or replace your vehicle less the deductible you agreed upon.

Another type of additional Key West automobile insurance coverage is Gap insurance. This type of Key West car insurance is for those who have chosen to finance a vehicle. Imagine, for example, that you obtained Key West finance plan for your car and are currently paying off your vehicle. You've only paid back a small portion when you are involved in an accident that totals your vehicle. Now you still have to pay back your loan as well as find a way to get another car. Gap coverage will cover what you have left to pay on your vehicle. Many lenders actually require that you buy gap coverage.

One thing to note is that having additional Key West vehicle insurance coverage is not always the most economical choice. If you drive an older car that is not worth much money, you may not want to invest in more than the bare minimum required by the state. However, if you have a newer car or a car that is worth a large amount of money, adding additional Florida coverage is important. Take some time to compare multiple Key West car insurance choices and quotes before you make a decision.

[1] 2/11/2011


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