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Drivers in Lake Lucerne, FL who are also smart consumers, should always try to buy the right type and right amount of auto insurance. You do not want to be under-insured, but you also do not want to be over-insured. Finding the happy medium between too little and too much insurance is the best way to get the coverage you need and not pay more than you need to pay.
In the state of Florida, you are required to carry a minimum of $10,000 in bodily injury liability (BIL) insurance and $10,000 in personal injury protection (PIP). Other types of insurance that you might want, but that are not mandatory, include comprehensive, collision, uninsured motorist, roadside service, towing, and rental car reimbursement.
While there may be a small number of instances when all you really need is the state minimum coverage, it is normally prudent to have a more robust auto policy. If you have a 1995 car worth $500 and almost no other assets, the bare minimum coverage may be all that you need. Most people have cars worth substantially more money and other assets, like a house or money in the bank, that they need to protect.
If you are financing a new car, your lender will insist that you have an auto insurance policy that includes comprehensive and collision. They probably will also want you to choose a reasonable deductible like $250 or $500. If you paid cash for your car and it is worth a substantial amount of money, buying a policy with collision and comprehensive coverage is a no-brainer.
Of course you will pay more when you buy a policy that has higher coverage limits and protects you against more risks. However, if you use an independent agent from McCormick Insurance who can get and compare quotes from a number of different insurance companies, it is quite possible to get very affordable rates on the type of car insurance you need.