Auto Insurance Needs Repair

Florida car insurance is looking at a possibly drastic change, as their Personal Injury Protection Law is about to expire in October if the legislature does not extend the law. There was a bill that came to ex Governor Jeb Bush that would have extended it, however he did not like the way it was written so he vetoed it.

The bill was supposed to fix the court system in Florida and reduce auto insurance rates for residents, all by settling a no-fault system of dealing with auto claims. However, there are problems within the program that have not been fixed.

For example, it has become one of the most expensive programs in the country, because it just isn’t working the way it should. Auto insurance is higher, and people are still suing for what is not covered by PIP. We are now supporting a system that is broken, and is full of fraud.

The auto insurance companies have already said that if the law goes away, they will be able to reduce the amount of money that residents are currently paying on their car insurance rates. They say that they will be able to save dual car households almost $350 a year in car insurance rates.

Some think that we should follow New Jersey’s car laws, as they have some of the best car insurance clauses in the country. They currently do not allow anyone who does not have the basic insurance requirements to sue as they are driving illegally. Therefore they would be required to pay if they are at fault, and they would get nothing if they aren’t.

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