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Florida drivers must check coverage as no-fault ends
End of no-fault likely to require more coverage
by lilhurricane Sunday 16-Sep-2007
Harriet Johnson Brackey | Personal finance | September 16, 2007

Oh, fun. Now is the time to review your auto insurance coverage.

Starting next month, unless something happens in Tallahassee, the requirement that all Florida licensed drivers carry $10,000 in personal injury protection — called PIP — will expire. The no-fault system will end.

That may reduce your insurance premium, but you will be taking on more risk than you have now. As a result, you may want to buy more coverage. And you need to be prepared for what the rest of Florida's drivers will do.

Original article here

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Florida drivers must check coverage as no-fault ends

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lilhurricane
Crunchin' For Cures
Premium,Mod
join:2003-01-11
Purple Zone
kudos:51

Review your policies carefully

quote:
This is Florida and we're talking about insurance. Since when has the price ever gone down?
permalink · 2007-09-16 10:24:22 · Reply to this ·

Kylemaul
Lovin' My Firefox
Premium
join:2001-03-30
North Port, FL

Troubling?

From the linked article:
..."there's going to be a segment of the population that stops carrying automobile insurance altogether," predicts Alex Soto, who heads InSource Inc., a Miami insurance agency.
This doesn't make sense to me.

Insurance laws are changing in the sense that PIP is no longer required, which is sensible to me. I didn't read this change to mean that insurance for driving vehicles is no longer a requirement.
permalink · 2007-09-16 11:49:57 · Reply to this ·
Forums > Florida drivers must check coverage as no-fault ends

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