Required Insurance Coverages
PIP AND PDL [State Minimums]
In the state of Florida, to legally operate a motor vehicle, you must have at least $10,000 in personal injury protection (PIP) and $10,000 in property damage liability [PDL].
In the state of Florida, to legally operate a motor vehicle, you must have at least $10,000 in personal injury protection (PIP) and $10,000 in property damage liability [PDL].
Comprehensive Coverage
You are required to have Comprehensive Coverage on your policy. Comprehensive covers the vehicle for reasons other than collision. This includes fire, theft, vandalism, wind, hail, breakage of glass, or impact with an animal.
This type of coverage will require a $250 deductible.
Collision Coverage
You are required to have Collision Coverage on your policy. Collision covers any damages to the vehicle caused by a collision with another vehicle or object.
This type of coverage will require a $250 deductible.
You are required to have Comprehensive Coverage on your policy. Comprehensive covers the vehicle for reasons other than collision. This includes fire, theft, vandalism, wind, hail, breakage of glass, or impact with an animal.
This type of coverage will require a $250 deductible.
Collision Coverage
You are required to have Collision Coverage on your policy. Collision covers any damages to the vehicle caused by a collision with another vehicle or object.
This type of coverage will require a $250 deductible.
List Auto Help Corporation as Lienholder, Loss Payee AND Additionally Insured
You must add Auto Help Corporation to the policy as a Lienholder/Loss Payee. When securing insurance, you must tell the insurance company that Auto Help Corporation is the lienholder/loss payee. You must give them our address. Auto Help Corporation must be listed on the policy and declaration page.
Here's the address to give the insurance company: 7749 Normandy Blvd, #121-405, Jax Fl 32221.
List Auto Help Corporation as Additional Insured WHEN possible
Insurance companies will allow you to add the Lienholder to the policy as Loss Payee AND Additionally Insured.
You must ask the company to add us as an additionally insured party. Auto Help Corporation must be additionally insured with you while also continue to be the Loss Payee.
You must add Auto Help Corporation to the policy as a Lienholder/Loss Payee. When securing insurance, you must tell the insurance company that Auto Help Corporation is the lienholder/loss payee. You must give them our address. Auto Help Corporation must be listed on the policy and declaration page.
Here's the address to give the insurance company: 7749 Normandy Blvd, #121-405, Jax Fl 32221.
List Auto Help Corporation as Additional Insured WHEN possible
Insurance companies will allow you to add the Lienholder to the policy as Loss Payee AND Additionally Insured.
You must ask the company to add us as an additionally insured party. Auto Help Corporation must be additionally insured with you while also continue to be the Loss Payee.
If you are going to use the vehicle for income generating purposes, like delivering food or ridesharing, you must provide proof of insurance with an endorsement from the insurance agent indicating that those activities are covered. If a claim occurs while conducting those activities and you did NOT tell the insurance company that you were conducting these types of activities, then it is highly likely that the claim will be denied.
The insurance company will be required to send us the endorsement with the specific "Activities" listed. You must tell the insurance company exactly what you are going to use the vehicle for so they can ensure these activities are listed as approved or covered in their endorsement letter.
The insurance company will be required to send us the endorsement with the specific "Activities" listed. You must tell the insurance company exactly what you are going to use the vehicle for so they can ensure these activities are listed as approved or covered in their endorsement letter.
Steps to Submit Proof of Insurance
Program participants will be required to verify insurance after a vehicle has been selected and the terms of the assignment have been agreed upon. Continued verification of insurance may also be required and satisfied by submitting a one page verification letter [see explanation and examples below].
One Page Verification Letter
In order to process the Registration and Plate with the state of Florida, we are required to submit a specific one page letter.
The state of Florida will NOT accept the declaration page OR the ID cards for verification of insurance.
This one page letter must be in PDF format. It must be sent to us through email...NOT text.
Insurance carriers may reference this one page verification letter as one of the following:
This one page verification letter must include the following points of information:
The state of Florida will NOT accept the declaration page OR the ID cards for verification of insurance.
This one page letter must be in PDF format. It must be sent to us through email...NOT text.
Insurance carriers may reference this one page verification letter as one of the following:
- One Page Verification Letter
- One Page Letter of Experience
- One Page Policy History Letter
- One Page Certificate of Insurance
This one page verification letter must include the following points of information:
- Insurance Company Name
- Insurance Policy Number
- Policy Holder(s)
- Limits/Coverages/Deductibles
- Year/Make/Model of the vehicles insured with VIN
- Policy Effective Date(s)
- Lienholder Name and Address
Using BOTH email address below, SEND the ID cards and One-Page Verification Letter to us by email.
***Remember these documents must be in pdf format***
--(1) [email protected]
and
--(2) [email protected]
We will contact your insurance carrier and complete the verification process. We will verify the coverages, deductibles and lienholder information. If that information is not properly listed in the Insurance Verification Letter OR by phone, we will coordinate with you until this step in the process has been completed.
***Remember these documents must be in pdf format***
--(1) [email protected]
and
--(2) [email protected]
We will contact your insurance carrier and complete the verification process. We will verify the coverages, deductibles and lienholder information. If that information is not properly listed in the Insurance Verification Letter OR by phone, we will coordinate with you until this step in the process has been completed.
Loan Lease Payoff (LLP)
Some insurance companies have LLP as an option that you can purchase or add to your policy. If your insurance company offers this benefit, you must secure LLP. The LLP coverage must be in place to provide coverage to Auto Help Corporation in case of a covered claim where your vehicle is determined to be a "Total-Loss". The insurance company will pay Auto Help Corporation the "Actual Cash Value" of the vehicle plus up to an additional 25% more. The insurance company will use the Kelly Blue Book (KBB) value a distinctively different value than the ACV. Using KBB not ACV plus 25% will increase the over-all payout toward what you owe on the vehicle.
Some insurance companies have LLP as an option that you can purchase or add to your policy. If your insurance company offers this benefit, you must secure LLP. The LLP coverage must be in place to provide coverage to Auto Help Corporation in case of a covered claim where your vehicle is determined to be a "Total-Loss". The insurance company will pay Auto Help Corporation the "Actual Cash Value" of the vehicle plus up to an additional 25% more. The insurance company will use the Kelly Blue Book (KBB) value a distinctively different value than the ACV. Using KBB not ACV plus 25% will increase the over-all payout toward what you owe on the vehicle.
Secondary Coverages and Benefits that are Highly Recommended
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Bodily Injury Liability
Bodily injury insurance will cover you and Auto Help Corporation in case of an accident where the parties in the other vehicle are injured and need medical attention. The insurance company will represent you and Auto Help Corporation in court if those injured parties decide to sue. The minimum requirement is 50/100 but we will request 100/300. If the cost for the 100/300 is not much greater than for the 50/100 we will instruct the agent to go with the 100/300. This coverage provides $100k per person and $300k per accident in bodily damages protection, $50k and $100k respectively. Towing Benefit It can be extremely comforting to know that if your vehicle is disabled that your insurance company has your back. Insurance companies offer two basic methods of paying out a towing claim. Complete a cost comparison and benefits analysis with our advising team to help you determine if this benefit and the extra cost is worth it or not. The best towing benefit will cover the cost of towing the vehicle immediately. We recommend securing a towing benefit where you have no out-of-pocket costs. The less attractive method insurance companies often offer is the..."wait-for-a-reimbursement". In most cases they cap what they will pay and require you to pay the full bill upfront with promise to reimburse you. If your assigned vehicle is disabled, you must call us FIRST, we will provide assistance in ordering the tow of your vehicle. Rental Car Benefit Having a rental car paid for by your insurance company when your assigned vehicle has been disabled, can be a huge benefit. Complete a cost comparison and benefits analysis with our advising team to help you determine if this benefit and extra cost is worth it or not. Avoid the reimbursement model when possible and secure rental car benefits where the insurance carrier sends you to one of their rental agencies and pay for the rental. If your assigned vehicle is disabled and you are in a rental vehicle provided by the insurance company, you are required to continue paying the normal program payments. |
The following insurance coverages are either required by the State of Florida or Optional coverages you can purchase...
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Uninsured Motorist Coverage
Uninsured Motorist Coverage is optional and is not required by state law. This covers you, your resident relatives, and the passengers in your covered vehicle. This coverage only applies if it is determined that the other driver is at-fault and has insufficient or no liability coverage. *Ask about the benefits of having Uninsured Motorist Coverages. Medical Payment Coverage This coverage is optional and is not required by state law. Covers you or anyone in your car in case of an injury, will pay medical related payments after your PIP is exhausted and will pay if the other party has insurance or not. *Ask about the benefits of having Medical Payment Coverages. |
LINKS THAT MATTER
- click here - Best way to shop for insurance
- click here - Understanding Auto Insurance