Florida is the type of state that doesn’t like to mandate coverage by law. So it is one of just 10 states that are considered no fault states, meaning that each motorist pays for damages to his or her car and bodily injuries in the event of an accident, regardless of whose fault it was. This law is designed to prevent senseless lawsuits and “the blame game.” A no fault car insurance law allows people to cover themselves as they please — whether it be through their health insurance policy, a disability policy, or Personal Injury Protection (PIP) through their car insurance provider. Generally speaking, people involved in car accidents do not sue unless there is a major loss of bodily function, permanent injury, death or disfigurement.
Why Do Some Floridians Dislike No Fault Insurance?
Critics of no fault insurance say that this type of car insurance policy does not do enough to encourage safe driving, since the victim and the perpetrator are both financially penalized equally for the accident. People also say that their premiums are sky-high due to these claims. For instance, most Floridians are paying about $3,000 for $10,000 in PIP coverage. By contrast, when Colorado got rid of their no fault law, drivers saw their premiums plummet by 35 percent, saving the average motorist $322 per car, per year.
What Is The Alternative?
In at-fault states, car insurance companies pay according to your degree of fault. Motorists and insurance companies don’t always agree on this, however, which leads to more people suing for lost wages, medical expenses and undue suffering. According to the Palm Beach Post, a better alternative would be to end PIP insurance and require bodily-injury liability insurance instead. This would prevent drivers from paying twice for medical coverage that is already provided through their health care system.
Do You Want To Save Money On Florida Car Insurance?
While there is no way to change the law unless you are a legislator, you do have the freedom to choose, so get a quote!
