Florida is a No Fault state for auto insurance. Knowing and understanding Florida No Fault Insurance law will allow you to choose the right coverage for you and will also help you if you need to make a claim in the future. Take a minute to read the following information before getting free no fault insurance quotes.
What Is No Fault Insurance?
Under no fault insurance each driver would be completely covered by his own car insurance (up to his policy limit), and drivers can not sue another driver regardless of the severity of the accident.
However, no state uses such strict form of no fault insurance.
There is a general misconception about no fault auto insurance and what it actually covers.
Florida No Fault Insurance really is in regards only to medical payments. Meaning that if you are involved in an accident, your insurance company will pay for your bodily injury claims regardless of who was at fault.
Under Florida No Fault Insurance law both drivers must carry insurance for their own protection, and their ability to sue other drivers for damages is regulated by certain limitations.
Florida No Fault Insurance Requirements
Since the Florida Legislature passed a bill to reform Florida’s Motor Vehicle No-Fault Law, citizens should know that Florida law will once again require drivers to carry Personal Injury Protection (PIP) insurance effective January 1, 2008.
The law requires you to carry a minimum of:
- $10,000 of personal injury protection (PIP)
- $10,000 of property damage liability (PDL).
You must note that covering the property damage done to your vehicle will be responsibility of the at fault party in the accident.
Florida no fault auto insurance law is intended to reduce lawsuits between drivers. You can only sue the at fault party if you meet certain thresholds like major bodily function, disfigurement or significant scarring.
