You Have Full Coverage But Are You Fully Covered?
Many times, I will meet with a prospective client who claims to have “full coverage” with their insurance company only to find they are severely underinsured. The discrepancy lies in what an insurance agent and/or insurance company labels “full coverage.” In Florida, the state minimum insurance coverage is only the $10,000.00 PIP benefits and $10,000.00 in property damage. The PIP benefits typically referred to as “No-Fault” benefits, will pay your medical bills regardless of fault. The $10,000.00 in property damage will pay for the damage you.. [Read More…]