Bills seeking to repeal Florida’s no-fault automobile insurance system and its requirement that motorists carry $10,000 in personal-injury protection coverage have been filed again in the state legislature.
Tag: PIP
PIP, Lawsuit Abuse and the Uninsured: Why Your Florida Auto Insurance Is Out of Control
For years, Florida has topped lists of states with the highest auto insurance rates in the nation, averaging about $2,500 a year for full coverage.
APCIA Warns PIP Repeal Legislation Could Have Substantial Financial Impact on Florida Drivers
The American Property Casualty Insurance Association (APCIA) today issued the following statement, attributed to its assistant vice president of state government relations Logan McFaddin, regarding the House Civil Justice and Property Rights Subcommittee’s passage of House Bill 1525 relating to Motor Vehicle Insurance. “APCIA is disappointed the bill to reform Florida’s no-fault auto insurance system… Continue reading APCIA Warns PIP Repeal Legislation Could Have Substantial Financial Impact on Florida Drivers
Florida Legislature Puts Brakes on ‘No Fault’ Insurance System
Florida motorists are one step closer to no longer having “no fault” auto insurance, after lawmakers Friday approved ditching the decades-old system and its requirement of carrying personal-injury protection coverage. The House and Senate signed off on a heavily negotiated bill (SB 54) in the closing hours of the 2021 legislative session. If the bill… Continue reading Florida Legislature Puts Brakes on ‘No Fault’ Insurance System