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When purchasing a home or condo in Florida are you required to get life insurance if it's financed through a bank?
Wiki User
∙ 13y ago
Your lender may require insurance to insure that in case of your death, the mortgage is paid. Your lender can explain this requirement to you given your specific situation.
Wiki User
∙ 13y ago
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What types of car insurance can you have in Florida?
Florida, like all other state, has set minimum coverage requirements for drivers. This applies to vehicles that are not financed. If the vehicle is financed, additional coverage is required by the state and the lender to cover the value that is financed so that the lender is paid in the event the vehicle is a total loss. You can read about Florida state law regarding insurance here: www.flhsmv.gov/ddl/frfaqgen.html The rate depends on various factors, so your best bet is to contact your current agent to explore your options.
Is PIP car insurance required in Florida?
PIP is Personal Insurance Protection and is required in the state of Florida to people who register a car in Florida. This falls under the No Fault law in Florida.
What are the details of Florida GAP insurance?
Since your insurance might not cover the balance you still have on your financed car, GAP insurance protects the balance of your loan in the event of an accident.
Is insurance required to operate a boat in Florida?
not sure
Is SR22 auto insurance required in the state of Florida after an auto accident?
SR22 auto insurance is definitely required to get through an auto accident in florida, as it is an essential part of paying off the debts of the crash.
Is it required to buy renters insurance in Florida?
In the state of Florida, it is not required for people renting real estate to purchase renter's insurance, but the state also does not offer any other type of protection for these renters.
Do you need car insurance in Florida if you own a car?
In Florida, you are required to have a certain amount of personal injury protection and property damage insurance to drive.
Are you required by law to have car insurance in the state of Florida?
Yes, in fact all states require auto insurance.
Do Florida car insurance laws require moped insurance?
In the state of Florida mope riders are not required to have Personal Injury Protection insurance. However, the state does recommend being well insured.
Is state auto insurance mandatory in Florida?
In Florida, auto insurance policies differ greatly from other states. The required insurance includes Property Damage Liability, Personal Protection Insurance and Personal Injury Protection. Things such as Collision and Comprehensive coverage are not mandatory in Florida.
Does a landlord have to provide an insurance policy for the tenants in Tampa, Florida?
No it is not required. Tenants can however get their own renters insurance to cover themselves.
In Florida what is the minimum number of employees required to have a state approved group insurance for an employer?
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