Moving to Florida 101: Registering an Out-of-State Car

Registering an Out-of-State Car

If you’re a new Florida resident, or are thinking of moving to Florida, you may have questions about your car insurance and what steps you need to take to get your vehicle registered. We get a lot of calls from people moving to Florida who have questions about this process, and we’re happy to answer them, and to welcome them to the state.

 

Once you move to Florida, you have 30 days to get a Florida driver’s license, but only 10 days to buy insurance and title/register your vehicles. Where should you start? Before registering an out-of-state car, you’ll need to buy insurance valid in Florida. And coverage requirements here are a little different than in other parts of the U.S.

 

Coverage requirements

Currently, to register a car in Florida, you must have an insurance policy with a minimum of $10,000 Personal Injury Protection (PIP), and $10,000 Property Damage liability (PD).  PIP covers injuries you or certain others receive in a crash, regardless of who is at fault. (It also covers your injuries if you’re hit while you’re a pedestrian.)  PD protects your liability if you’re at fault in an accident and you damage someone else’s property, such as a vehicle, building, or telephone pole. Please note that this is the minimum coverage required to drive legally in Florida, but such low coverage is not recommended for most people because it is most likely inadequate to protect you financially if you’re in an accident.

 

In addition, Florida has something called the Financial Responsibility law, which “requires that any person at fault in a crash resulting in bodily injury and property damage to others must have in effect at the time of the crash full liability insurance coverage.” This means that if you are at fault in an accident and you injure someone, you must be carrying at least $10,000 per person Bodily Injury (BI) coverage in addition to PIP and PD coverage at the time of the accident. 

 

Click here if you’d like to get a car insurance quote—you’ll need the driver’s licenses of all drivers in the household, as well as the vehicle identification number (VIN) for each vehicle. Have your current car insurance policy handy so you can tell your new insurance agent what coverage you currently have as well as what you would like to have on your new policy.  

 

For additional information on insurance coverage in Florida, please see “New to Florida? Here’s What You Need to Know About Car Insurance.”

 

Remember: before you can transfer the title or registration for your vehicle to Florida, you have to have proof of insurance.

 

In addition to proof of insurance, you’ll also need proof of identity, your out-of-state title/registration, and you’ll have to have your vehicle’s VIN verified by inspection. (Please click the Florida Highway Safety and Motor Vehicle Department link below for printable application forms and complete details on what you’ll need to do to register your vehicle and get a Florida driver’s license.)

 

Your local independent insurance agent

When moving to Florida, you’ll want to find a local independent insurance agent to handle your insurance needs—an agent familiar with Florida’s insurance laws. An independent agent will also be able to check rates with multiple insurance companies, so he or she can shop for the best rates for you rather than being exclusively tied to one company. 

 

Lakewood Financial is a locally-owned, independent insurance agency in business since 2003 serving Bradenton, Lakewood Ranch, Sarasota and surrounding areas. We have more than 25 years experience in the insurance business and we represent more than 40 financially sound car insurance companies. We want to be your Florida insurance agents—so please call us at 941-747-4600, or email us so we can help you begin your new life in the Sunshine State!

 

For more information:

Florida Highway Safety and Motor Vehicles

Florida Department of Financial Services • Division of Consumer Services Florida Auto Toolkit

Four Ways You Can Drive More Safely on Florida’s Roads

Need Car Insurance and Have PIP claims?

 

Why Florida Drivers Need Uninsured Motorist Coverage

uninsured motorist coverage

Photo by Erich Kasten from FreeImages

Despite the fact that insurance is required, too many Florida drivers go without it. In fact, Florida has the highest rate of uninsured drivers in the nation at 26.7 percent! If an uninsured driver injures you and/or your passengers, you’ll have to pay your own medical expenses, and you know how quickly those can skyrocket. One way to be sure you can protect yourself financially if an uninsured motorist hits you is to carry uninsured motorist coverage.

UM basics

First, let’s look at how uninsured motorist coverage protects you—and how it doesn’t.

Uninsured motorist (UM) pays your and your passengers medical bills if you’re in an accident caused by an uninsured driver. In addition, it reimburses you and your passengers for things like pain and suffering, wrongful death, and loss of enjoyment of life. It also covers you if the other driver is under insured—that is, if his or her insurance policy limits don’t cover the extent of the injuries caused by the crash. And it will pay if an uninsured motorist hits you while you’re a pedestrian, or if a hit-and-run driver injures you.

What an uninsured motorist does NOT do is pay for damages to your vehicle. You’ll need to carry collision insurance if you need or want your vehicle covered if an uninsured motorist damages it.

UM limits are indicated using two figures, such as 25,000/50,000. The first number is the limit of what the policy will pay per person, the second number is the limit per accident. You can only buy UM if you also purchase bodily injury (BI) liability, and you can’t purchase UM coverage higher than your BI limits.

Stacked vs. non-stacked

There are two types of UM coverage: stacked and non-stacked.

Non-stacked is cheaper to buy, but doesn’t offer as comprehensive coverage as stacked UM does.

Stacked UM provides higher limits and more complete protection. There are two ways in which stacked is more comprehensive than non-stacked.

If you insure more than one vehicle on your policy, the amount you’re able to collect can be “stacked”—that is, the maximum policy limit is multiplied based on the number of vehicles on your policy. So if you have limits of 25,000/50,000 and three vehicles on your policy, you can multiply the 25/50 limits by three, which means limits of $75,000 per person, $150,000 per accident will be available to you and your passengers.

What if you only have one vehicle to insure? Would you still want to carry stacked UM? Possibly. There are several scenarios in which you could be injured by an uninsured motorist where non-stacked insurance would not pay but stacked would. For example:

  • You ride a motorcycle. If you’re injured by an uninsured driver while riding, stacked UM from your auto policy will pay for your injuries. It will also pay for injuries to a passenger riding with you. Non-stacked will not. Stacked UM coverage on a personal auto policy is generally cheaper to buy than UM coverage on a motorcycle policy as well.
  • You are a “snowbird” who keeps one car in Florida and one car at your other home. You’re injured by an uninsured motorist while driving your “up north” car, but you don’t carry UM on that vehicle. You do carry stacked UM on your Florida vehicle—and that coverage will pay for your injuries, even though you were driving a vehicle you own that is not listed on your Florida personal auto policy.
  • You own a pickup truck which you use for business purposes and insure on a separate commercial auto policy, but you’ve chosen not to carry UM coverage on that policy. If you’re injured while driving the truck, and you carry stacked UM on your personal auto policy, it will cover your injuries.

We think UM coverage is important to carry, especially in Florida where so many drivers either have no insurance or don’t carry enough insurance. If you have any questions about uninsured motorist coverage, or anything else on your auto insurance policy, please call your Lakewood Financial agent at 941-747-4600, or email us. We will be happy to discuss your financial situation to determine what coverage makes sense for you.