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Personal injury protection insurance, or PIP, is required to legally drive in Florida and helps pay for your injuries after a car accident.
The first thing any driver in the Sunshine State needs to know is this — Florida is a no-fault state.Though it may appear otherwise, the term “no-fault” doesn’t eliminate fault in an accident. Rather,No-fault insurance means that following a car accident, your insurance will pay for...
If you own a vehicle that's registered to be operated in Florida, you must carry your own personal auto policy that meets the state's insurance requirements. Since it is a no-fault state, you must carry coverage to pay for your own medical expenses and the cost of repair when you damag...
For advice on coverage, consult the Florida Department of Financial Services' publication called,"Automobile Insurance, a Toolkit for Consumers". This publication is an excellent overview of automobile insurance in Florida, dealing with the combination of PIP (no-fault) and other, more extensive cove...
Florida's minimum car insurance requirements mean drivers must have at least $10,000 in property damage liability, which can pay for damage to another person's vehicle or property. Florida is a no-fault state, so bodily injury liability insurance is not required. Drivers must have at least ...
Florida is a “no fault” insurance state, which means that the insurance you purchase covers the cost of your medical expenses from the accident, regardless of who caused it. However, the driver who is found to be at fault in the accident is required to pay for the property damage the ...
Florida’s no-fault law, also known as the Personal Injury Protection (PIP) law, is a system that requires drivers to carry insurance coverage to pay for their own injuries and damages regardless of who caused the accident. This means that after an accident, each driver’s ...
Since 2012, it has instituted reforms that have reduced Personal Injury Protection claims by some 13.6 percent, according to the Florida Office of Insurance Regulation. But while progress has been made, Florida is still a “no-fault” state with what’s known as a “verbal threshold” for ...
Florida requires PIP because it is a no-fault state, meaning drivers involved in an accident must file a claim with their insurance company even if they’re not at fault. Property damage liability coverage helps pay to repair or replace other people’s property you damaged in an accident, ...