Frequently Asked Questions
Does income affect car insurance rate in Florida?
No, income does not directly affect car insurance rates in Florida. Like in most states, car insurance companies in Florida primarily base their premiums on various factors related to risk and driving behavior. These factors typically include age, location, coverage level, and driving records.
Is there any provision by the Government for car insurance for low income?
Yes, there are provisions by the government to assist low-income individuals in obtaining car insurance coverage. In Florida, one such program is the Florida Automobile Joint Underwriting Association (FAJUA). FAJUA helps individuals who may struggle to obtain car insurance through standard insurance providers due to high-risk factors or financial constraints.