Rob Ryan : Any changes in car insurance in FLORIDA for 2013?

Florida car insurance for 2013

Florida is a No-fault state, and hence on the liability besides the requirement of Third party liability for person and property but also the requirement for Personal Injury.  HB 119 Motor Vehicle Personal Injury Protection (PIP) Insurance was signed into law by Florida Gov. Rick Scott in May 2012. This  law is an important  auto insurance law in years as per the insurance industry. This law  seeks to clamp down on alleged abuse and fraud and improve the state’s no-fault, personal injury protection (PIP) system.

Fraud has been a biggest draw back and loss leader for Florida, New Jersey and California for auto insurance. Fraud has increased the cost of car insurance claims and this has been one of the reasons, the sunshine state is seeing an increase in car insurance rates.

Changes on car insurance in Jan 1 2013

The medical benefits provisions of the law will take effect on Jan. 1, 2013. They include the requirement that accident victims report an auto-related injury and seek treatment within 14 days. Under the new law, those physicians and facilities able to diagnose individuals seeking treatment under PIP medical benefits are: licensed physicians, licensed osteopathic physicians, licensed chiropractic physicians, licensed dentists, hospitals, facilities that own or are owned by hospitals, or licensed emergency transportation or treatment providers.

The law also applies two coverage limits for PIP medical benefits, based on the severity of the individuals medical condition. Policyholders could receive up to $10,000 in benefits for emergency medical care and $2,500 for other less serious injuries. Follow up medical care must also be consistent with the underlying medical diagnosis rendered when the initial services and care were received.

In addition to the $10,000 in medical and disability benefits, $5,000 in death benefits is offered. The death benefit was previously the lesser of the unused benefits, up to a limit of $5,000. The PIP medical fee schedule revisions to help resolve alleged ambiguities in the schedule also take effect in January. Revisions include clarifying the reimbursement levels for care provided by ambulatory surgical centers and clinical laboratories. Insurers will be required to include notice of the fee schedule in their policies.

Here is a video

Remember the important points:

1) See a doctor immediately you are involved in car accident.

2) The doctor has to diagnosis any medical emergency related to the accident within 14 days.

3) After 14 days the amount of coverage is reduced to a mere $2500/-

Would these changes increase car insurance rates in Florida?

What is important to remember that you are not giving your money for nothing, you need to see a doctor immediatly . Take action immediately once you get into an accident.

It would be a good idea to get personal health coverage just for your safety by saving on car insurance. However, if you still feel that this is something, which is much higher, rest assured that you can get a free car insurance quote, here. You just have to give a little bit of time to save a lot of money. Would you do that and help yourself?

Thanks.

You have heard that you can buy car insurance and you need not worry. This is a myth. The realty is that no insurance, anywhere in the world is a blanket coverage. Even an “All risk ” insurance policy would have certain limitations. There are three very common situations for young drivers, or teens or students which they should be aware of when their personal  car insurance coverage will not respond.

1. Business purpose

When you are using the car for example for pizza delievery or delivery of goods for a business that they are doing your car insurance policy which is a personal insurance policy would not respond to this, unless you have already mentioned that you would be using it for business purpose and have acquired a commercial insurance policy. It is best to verify the policy wording, call your agent or insurance company and ensure that business use of the vehicle is covered. At times self-employed persons do buy personal insurance and declare on the application that they would be using the vehicle for business purpose. Even if this is mentioned, it would be a good idea to ensure that you are insured for business use. Most of the insurance company would not cover business use and this is a specific exclusion on their policy.

2. Drunk driving

Suprised! You should not be . Drunk driving is a criminal offence and the personal auto insurance policy of 37 states of USA clearly excludes drunk driving coverage under an auto insurance policy.  If you would like to know which states do not allow drunk driving coverage on personal auto insurance policy read the State drunk driving laws here. Your car insurance would provide coverage for third party injury but would limit your coverage of medical treatment to self. This is beacuse you took the risk yourself and would be responsible for yourself. Sounds very fair.

This is true even if you were using drugs and driving under intoxication.

Beware, never to drink and drive or drive intoxicated, since you would be paying your own medical costs.

3. Excluded driver or unlicensed driver

Before you borrow your parents car make sure that they do not have the excluded drivers clause on their policy. If your parents have specifically excluded you as the driver of car, since this would save them the high car insurance cost, you would not be covered when driving their vehicle even with permission. Make sure that there is no such clause on the policy, before you borrow your parents car for that ride.

Also, if you have a car and are lending it to your friend, verify that your friend is a licensed driver. Sounds  a bit odd to ask, nevertheless, better to know than to land your self or your friend in trouble. Most car insruance policies have the exclusion of an unlicensed driver. Hence if your friends license has been suspended make sure that you do not lend your car to him for driving. Your car insurance coverage will not respond.

Still looking for a better teen car insurance rate. Just go up and fill in the form. Just do it to get the best car insurance rate- today. Offers change and you would miss your chance!

Matt Obama : My son’s car insurance is not renewing till 2013 and I am also looking for good cars for him- any thoughts? I enjoy reading your blog.

2013 top safe cars- get cheaper car insurance even teen car insurance.

The 2013 Dart, the first model jointly engineered and developed by Fiat SpA and Chrysler Group LLC, was named a “Top Safety Pick” by the Insurance Institute for Highway Safety. The Dodge Dart, the model Chrysler is betting on transforming into a top-selling small car. Three other 2013 models, each one of these redesigned from previous model years, also earned the top rating: the Hyundai Motor Co. crossover Santa Fe, the Lexus ES 350 midsize luxury sedan, and the Subaru XV Crosstrek hatchback.
The rating means that each vehicle performed well in test crashes evaluating front, side and rear impacts as well as rollovers. As per Reid Bigland, chief of Chrsler’s Dodge brand, “Dart” was designed to meet the high expectations.

Why do safe cars attract cheaper car insurance rates?

Why do safe cars attract cheaper car insurance rates is a common question which every one has.
Yes safe cars attract cheaper car insurance rates mainly since :
1) These cars are tested and it is proved that a person driving it would be protected in case of an accident.
2) If a person – escpecially a teenager is saved and does not suffer a catastrophic injury, the insurnace companies save a lot of money.
3) The auto manufacturers can make the necessary changes if required to make the cars safe vheilces.
4) Most of all – we are not deprived of the younger generation- we all need them. The teenagers are our assets of tomorrow. Though this is not a time to go into all this, being an advocate of teen safety – I love reading about teens of the world. In China and Japan because of the birth control measures, today one teen is looking after 3 older generations!!!

Or the other question is : Why do insurance companies spend a lot of money trying to find out which are safe cars- this is why insurnace is expensive?
No car insurance is not expensive because of the experiements, but it is one of the easiest way, to save on the huge cost of claims, which is built into the car insruance premiums. By taking up this expereiments and making it public knowledge- which are safe cars, insurance companies are helping you select the best and safest car for your son or daughter or yourself.

Safe cars attract cheaper car insurance since the claims cost is lower on them since the biggest car insruance cost is the liability cost or the medical cost on the person injured and not the cost of repairing the car. The cost of repairing 10 cars which need to be repaired can be say $20,000 per car which is only $200,000 -. However, the cost of one teenager having catastrophic injury would be in millons.

Another obvious way to get cheaper car insruance is to compare teen car insurance – which you can do for free here.

Here are some cars which have been declared as safe cars for 2012 and give you low car insurance premiums.

Demi Lovat : Would insurance be cheaper then normal for this car?

Sons Of Anarchy‘ Season Five Preview: ‘All The Rules Have Changed’ Anything you think you might have known about this world? Ron Perlman tells MTV news that All the rules have changed,’ star  about the FX drama’s new season. By Josh Wigler … you need to be informed in order to enjoy, understand and expereince the thrill of even  “TV episodes” or TV shows.

The same is true for car insurance especially for teens. Teens are  going into car driving and this is their first season. They are inexperieinced, love speed, are impulsive and are not familar with the roads, the distances between cars and much more.  Teen car insurance rates are the highest for teens.  However, now the rules of teen car insurance are changing.

Teen car insurance is changing, since the teens now have wider and better choices of car insurance :

Traditional teen car insurance rating

Go with the traditional car insurance companies which rate car insurance based on the old accturaial basis of costing for the claims to derive on the base rate and than loading the base rate with factors like geographical regions,  type of car you are driving,  your driving experieince if any- (otherwise rating would be based on your gender and age group experience rating), the mileage you drive…… the list goes on.

Yes, getting cheap teen car insurance is a big deal with traditional teen car insurance ratings since this is a rigid form of rating, where you are given a piece here, but the benefit of the discount is taken away by applying loading on another factor. The only thing that really worked is ” Comparing teen car insurance quotes”

However,  all the rules are changing in the teen car insurance world.  Like the video below : The dog strikes back : The Dog Strikes Back: 2012 Volkswagen Game Day Commercial”  ” Revolutionary telematics is changing the teen car insurance rules, and now the rating is not based on the traditional teen car insurance rating methods. Watch the video… Just as fast as the dog is speeding… car insurance rates are speeding  downwards!

Progressive is the “Game changer” in car insurance with the “Snap-shot discount scheme. Progressive insurance has come up with a scheme of having a device in your car which would record your driving, and so instead of having to follow the traditional methods of car insurance rating, now your own driving performance, your mileage is going to be the basis of your car insurance rating. Sounds cool.

Yes, however, there would be some issues here, since it would mean that this would be at the cost of your privacy. You would have to be an excellent driver and prove that you are one.

The other side of the coin is that most insurance companies are going on this route slowly and hence you can need to think positively about this to imporve your own driving performance – you can track your own performance and improve it. Of course the  ace of comparing car insurance rates online for free, here is still at your disposal. Get your options… change the game in your favor.

Get your cheap teen car insruance quotes here, now.