Personal Injury Protection (PIP) may be headed for the graveyard after being Florida law since the 1970's. A new bill that's gaining momentum in the legislature would abolish PIP and require Florida drivers to purchase bodily injury protection insurance. Legislative bills to replace requirements that drivers buy $10,000 in personal injury protection coverage — in place in Florida since 1979 — are gaining momentum in the House and Senate this year. If enacted, PIP insurance would no longer be … [Read more...]
Auto Insurance in Florida-The Times Are a Changin’
Auto insurance in Florida hasn't changed much since 1971. That's when the Sunshine State adopted a no-fault system whereby every driver was required to purchase a $10,000 PIP (personal injury protection) policy to cover them in case of an auto accident. This year that may be changing. For many years, PIP critics have been clamoring for change arguing that the system benefits the insurance industry and doctors. Until this year, PIP has never really been threatened. However, legislators in … [Read more...]
