Georigia's Minimum Insurance Requirements:
Bodily Injury, Property Damage Liability
Minimun Limits: $25,000/$50,000/$25,000
Penalties: 60-day license suspension, registration suspension
P.I.P stand for personal injury protection. It is a coverage currently required by the state of Florida to register a motor vehicle. The standard PIP covers for 80% of your medical bill and 60% of your lost wages up to $10,000.
Liability protects you from the suit against you if you injure someone else or damage someone else?s property as the result of a motor vehicle accident. It is important to make sure you have adequate liability limits.
