What is the significance of having “comprehensive” auto insurance?

When an insurer claims that you have “comprehensive” insurance on your vehicle, it usually implies that you possess the minimum necessary coverage to legally drive on public roads. In the state of Florida, this entails having only PIP coverage and property damage coverage worth $10,000. Unfortunately, insurance agents often exploit the term “comprehensive” to create the illusion of excellent coverage at a lower cost compared to competitors. However, this claim is often misleading. It is imperative to carefully examine your coverage options before committing to any policy. Taking the time to do your research will prove worthwhile when you are in need of insurance coverage.