Florida is ‘tort state', which means that it makes sure that the person who has been wronged in any way gets compensated adequately. It therefore makes it legally compulsory for automobile owners to have the means to pay up should he be involved in an accident where someone is injured or there is damage to the other party's car or property. As such, the Florida auto insurance regulators have laid down rules pertaining to minimum liability coverage which an automobile owner has to adhere to.

It's obvious why Chrysler would want to go back to the '60s and early '70s - an era when Honda was just a motorcycle maker to most Americans and almost everyone bought American cars. But - automotively, at least - you don't want to go back. Trust me, I was there.The indifferently assembled cars of the era with their single-digit fuel economy, sloppy steering, bad brakes and suspensions that were either brutish or marshmallowy are fun to admire at car shows, but most are easily out-handled by even the most modestly priced 2008 model - and usually out-accelerated by modern performance machines. When it comes to cars, it's good that they don't make them like they used to.

Actual Cash Value - The current market value or cash value of the vehicle if sold today. Collision - Pays for loss to your insured vehicle when it collides with something or rolls over. You can expect to have a deductible for this coverage as well. If you finance or lease your auto, you will probably be required to carry comprehensive coverage.

If gasoline at $4 a gallon has you driving less, one Ohio official says be sure to tell your insurer. State Insurance Department Director Mary Jo Hudson says many Ohioans have switched to public transportation or car pooling to get to work, and they may qualify for lower car insurance premiums.