Final answer:
The two types of required insurance coverage to comply with Florida's no-fault law are Personal injury protection (PIP) and property damage liability. Option C is correct.
Step-by-step explanation:
To adhere to Florida's no-fault law, individuals are mandated to carry two essential types of insurance coverage: Personal Injury Protection (PIP) and Property Damage Liability. These coverage components serve distinct purposes in addressing the aftermath of car accidents.
Personal Injury Protection (PIP) is a crucial facet of insurance required by Florida's no-fault law. It functions as a comprehensive safety net, encompassing medical expenses, lost wages, and other related costs incurred due to injuries sustained in a car accident, irrespective of fault. PIP is specifically designed to offer immediate financial assistance to individuals involved in accidents, ensuring they receive timely and essential support for their medical and financial needs.
On the other hand, Property Damage Liability constitutes the second mandatory coverage, aiming to address damages resulting from a car accident. This coverage handles the expenses associated with repairing or replacing another individual's property that may be damaged in the course of the accident. By securing Property Damage Liability coverage, individuals not only fulfill legal requirements but also ensure financial responsibility for potential damages they may cause to others' property, contributing to a fair and just resolution of accident-related costs in accordance with Florida's regulations.