Auto Insurance

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Is auto insurance different if I lease my vehicle?

You must meet certain insurance requirements if you lease a vehicle for more than one year in Florida. State law requires you to carry one of the following coverage plans:
 
  • Bodily injury liability of at least $100,000 per person, $300,000 per occurrence and $50,000 of property damage liability or
  • Combined bodily injury and property damage liability of at least $500,000.