There is no single amount that is right for every driver. Consider your vehicle, drivers, assets, liability exposure, financing requirements and the amount you could comfortably pay out of pocket after a loss.

Collision generally covers eligible damage to your insured vehicle after hitting another vehicle or object or after overturning.

Comprehensive, sometimes called Other Than Collision, generally addresses certain non-collision events such as theft, fire, vandalism, windstorm, flood, falling objects and contact with an animal. (FLDFS)

Florida PIP provides certain benefits for covered injuries following a motor-vehicle accident regardless of fault. Florida DFS states that it can cover qualifying medical expenses, portions of lost wages and a death benefit, subject to statutory requirements and policy terms. (FLDFS)

Uninsured/Underinsured Motorist coverage may provide eligible bodily-injury protection when the at-fault driver has no bodily injury liability insurance or insufficient limits. (FLDFS)

Not automatically. A higher deductible can lower the premium, but you should be comfortable paying that amount yourself if a covered loss occurs.

No single coverage package is universally defined as “full coverage.” Florida DFS specifically cautions consumers that the term can mean different things to different people. Review the individual coverages and limits instead of relying on the phrase alone. (FLDFS)