It could be tempting for some people to neglect getting auto insurance. These people may feel like they could get away for a month or two without having car insurance to try to catch up on their other bills and needs especially in challenging economic times. And if you are encountering similar thoughts, you should know the penalties if you get caught without auto insurance. 

All states require drivers to have auto insurance. And even though every state has similar regulations, there are some differences. Thus, the penalties for getting caught with no insurance in Florida include the following: 

• The first offense includes a reinstatement fee. There is also a suspension of your registration and license for up to three years if you do not meet the deadline required to show proof of insurance.
• The second offense is a higher reinstatement fee if there is a lapse in three years of your first offense. Suspension of your registration and license for up to three years will also happen if you do not meet the required deadline to show proof of insurance.
• Subsequent offenses occurring after that and within a three-year period of your first offense will result in a significantly higher reinstatement fee than the second offense. Also, suspension of your registration and license for up to three years will also happen if you do not meet the required deadline to show proof of insurance.

Important Note: Insurance companies are required by Florida state law to report when their policyholders lapse on their auto insurance. So, it will behoove you to get and keep at least the minimum auto insurance required. 

You will be taking a great risk in not having auto insurance. so don’t put you and your loved ones’ livelihood at risk. For more information on auto insurance in the state of 

Florida, contact Coastal Wealth Insurance LLC today.  Located in Fort Lauderdale, FL, Coastal Wealth Insurance LLC has been serving the area for several years. They are licensed and experienced agents in Fort Lauderdale, FL who will lead in the right direction. Contact them now.