In Florida, you only get compensation for your damages from your insurance company in the event of an accident. However, the state is proposing to change this law that requires motorists to carry their personal injury protection (PIP) at all times. Here’s what you need to know about the proposed changes.
Florida is a no-fault state
In the event of motor vehicle accidents, Florida law requires the drivers to seek compensation from their own insurance company regardless of who caused the accident. You need a minimum of $10,000 in PIP insurance to cover the medical help or car repair you need if the unfortunate happens. However, if your claim goes beyond the PIP limit, you can file a claim against the person that caused your accident.
Senate Bill 54
The Florida Senate Bill 54 will repeal the no-fault insurance law if it passes. With this new law, if someone causes an accident, the court will hold them responsible for all the injury, damages, and other expenses that they experience. Moreover, this bill proposes that the bodily injury coverage should start at $25,000.
The pros of this bill
• Drunk and reckless drivers will be held accountable for causing accidents for people that observe all the traffic laws.
• You can seek compensation for pain and suffering caused by an at-fault party. Currently, you can’t claim such losses.
• Besides pain and suffering, you can recover other forms of compensation like restitution with Senate Bill 54.
Possible disadvantages of this bill
• Lawsuits will become more complicated, especially if both parties are responsible for the accident.
• The other party’s insurance company may intentionally try to delay the compensation process in an effort to avoid paying excessively large sums.
• When the at-fault party is less inclined to corporate when filing for a claim from their insurance company, they can make the whole process more complicated than it should be. However, with a good car accident attorney, this should never worry you.
Whether the bill passes or not, it is important that you get covered for motor vehicle accidents. Getting compensation for your damages and injuries should be your top priority, even if it comes only from your insurance company.