As long as you had insurance at the time of the crash, canceling your policy with have no affect on your claim. Insurance companies love to say you shouldn’t cancel in an attempt to keep you paying your premiums.
If you are not receiving the customer service you deserve, cancel your policy. With so much competition within the market you should not have a problem finding another car insurance company at a reasonable price. We do suggest that you avoid “bargain” insurance companies because they provide minimal coverage and poor service.
In Florida, all that is required to have “full coverage” is $10,000 in Property Damage liability coverage and $10,000 in Personal Injury Protection (“PIP”). You may have heard that Florida is a “no-fault” state. This means in every car accident the drivers look to their own insurance to cover their medical bills, regardless of fault. Again, most PIP policies are limited to $10,000. PIP does not cover damages for pain and suffering, loss of enjoyment of life, mental anguish, or future medical expenses.
When car accident attorneys seek money damages for clients they are making claims against the at-fault driver’s bodily injury policy. In Florida, bodily injury coverage is NOT required. This is why it important to have Uninsured Motorist (“UM”) coverage. This protects you if the at-fault drive does not have insurance or enough insurance.
If you’re considering changing insurance companies after a crash remember all that matters is if you were insured at the time of the crash. After that you’re free to do what you choose. Shop around and find the best value possible.