What is Your Insurance Quotient? Weston Personal Injury Attorneys Lazarus and Lazarus

Weston Personal Injury Attorneys Lazarus and Lazarus

People often use the acronym IQ but some don’t know it stands for Intelligence Quotient which is a measure of a person’s reasoning ability. An IQ test is supposed to gauge how well someone can use information and logic to answer questions or make predictions.

We’re interested in people’s Insurance Quotient, or their knowledge of different coverages as they pertain to owning and driving a car in Florida. It’s prudent to understand the basic types of insurance so you can have the best coverage, because many people find out after an accident that they don’t have the coverage they thought they had.

The basic types of auto insurance are:

Auto Liability Coverage is mandatory in most states. Drivers are legally required to purchase at least the minimum amount of liability coverage set by state law. Liability coverage has two components: (1) Bodily Injury Liability may help pay for costs related to another person’s injuries if you cause an accident. (2) Property damage liability may help pay for damage you cause to another person’s property while driving.

Uninsured and Underinsured Motorist Coverage may help pay for your medical bills or, in some states, repairs to your vehicle. If you’re hit by an underinsured driver, that means they have car insurance but their liability limits aren’t enough to cover your resulting medical bills. That’s where underinsured motorist coverage may help.

Comprehensive Coverage may help cover damage to your car from things like theft, fire, hail or vandalism. If your car is damaged by a covered peril, comprehensive coverage may help pay to repair or replace your vehicle (up to the vehicle’s actual cash value). This coverage has a deductible which is the amount you’ll pay out of pocket before your insurer reimburses you for a covered claim. If you have a car loan your lender will likely require this coverage.

Collision Coverage If you’re involved in an accident with another vehicle, or if you hit an object such as a fence, collision coverage may help pay to repair or replace your car (up to its actual cash value and minus your deductible). Collision coverage is typically optional. It may be required by your vehicle’s leaseholder or lender.

Personal injury protection (PIP), also known as “no-fault insurance,” is a component of an automobile insurance plan that covers the healthcare expenses associated with a car accident. PIP covers medical expenses for both injured policyholders and passengers, even if some don’t have health insurance.

Medical Payments Coverage is similar to PIP but is often more extensive and covers higher dollar amounts for serious injuries. It can also cover the owner of the policy if they are involved in an accident while in someone else’s vehicle.

The State of Florida only requires drivers carry $10,000 for personal injury protection (PIP) $10,000 for property damage liability (PDL) and every driver should consult with their own insurance company about the coverage that is best for them. We are not insurance agents and we only recommend that people educate themselves about their rights and responsibilities regarding insurance.

If you are involved in any accident, we’re here to answer your questions. Call us 7 days a week at 954-356-0006 for a free consultation.


The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only.

No reader, user, or browser of this site should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction.

Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client relationship between the reader, user, or browser and the Law Firm of Lazarus and Lazarus.

Personal Injury Attorneys

Autopilot Cars Raise Questions About Safety and Liability

South Florida Personal Injury Attorneys Lazarus and Lazarus

New Data Reveal Hundreds of Crashes with Several Deaths and Serious Injuries

When automobiles, motorcycles, and trucks are involved in serious crashes it is almost always a traumatic event with injuries both physical and emotional to drivers and passengers. There are financial issues regarding medical expenses and property damages which are sorted out over time, often in our legal system.

One of the things law enforcement and the courts deal with is the liability of drivers, perhaps unsafe vehicles, or even road conditions or obstructions caused by someone’s negligence. It is a complex process that involves the gathering of witness testimony, physical evidence, and research into other cases.

South Florida Accident AttorneysRecently, new technology has opened the door to another dimension in liability: the invisible driver. Cars are operating on our roads with Advanced Driver-Assist Systems and according to the National Highway Traffic Safety Administration (NHTSA) they may be unsafe. These systems are sometimes like an “autopilot” that actually drive the car.

The New York Times reports on recent NHTSA findings: In 392 incidents cataloged by the agency from July 1 of last year through May 15, six people died and five were seriously injured. Teslas operating with Autopilot, the more ambitious Full Self Driving mode or any of their associated component features were in 273 crashes. Five of those Tesla crashes were fatal.

Our goal is to protect the rights of our clients will work diligently to see that they have the opportunity to recover financially, physically, and emotionally from their injuries.

If you have questions about any accident involving yourself, a friend or a relative, feel free to call us 7 days a week at 954-356-0006.

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The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only.

No reader, user, or browser of this site should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction.

Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client relationship between the reader, user, or browser and the Law Firm of Lazarus and Lazarus.