Pre Header Home Page Hablamos Espanol

Change May Be in Store for Florida's No-Fault Car Insurance System

With the support of Goverment, a group of Florida lawmakers is poised to overhaul the state's car insurance laws, changing or even eliminating no-fault coverage for injured car accident victims.

Under the current law, all Florida drivers are required to carry at least $10,000 in no-fault coverage, also known as Personal Injury Protection, or PIP. The proposed changes to the law would make that coverage optional rather than mandatory.

No-fault insurance was established in Florida in 1972 with the intent of streamlining the injury-claims process and reducing the number of car-accident lawsuits arising after insurance companies refused to pay victims' claims. By allowing injured accident victims to receive payments of up to $10,000 from their own insurance providers - regardless of who caused the underlying accident - lawmakers hoped the payment structure would reduce the need to litigate to recover adequate compensation for victims' injuries and medical expenses.

If Florida's no-fault car insurance system is eliminated, it will likely be replaced by a tort system similar to those used in most other states. Under a tort system, injured accident victims must prove fault before receiving compensation for their injuries, usually from the at-fault driver's insurance company.

For more information on car insurance, please visit our auto page.

 

Posted 3:17 PM  View Comments

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Footer Home About Refer A Friend Contact RSS Map & Driving Directions