Florida no fault car insurance repeal moves ahead in state Senate

florida no fault car insurance

Senator Tom Lee (R-Brandon) introduced the bill in the hopes of controlling skyrocketing premiums. The no fault car insurance bill meant to repeal the current system in Florida has cleared an important Senate committee. Should it become law, it would mean that drivers will need to purchase bodily injury coverage. The primary hurdle so far has been the argument that lawsuits and premiums would rise further. Many of the objections have come directly from insurance representatives. Should the no fault car insurance be repealed, it would mean that drivers in…

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Florida no fault auto insurance repeal effort launched once again

florida no fault car insurance

A new proposal is headed to the state Legislature in 2018 after having undergone lengthy discussion. Senator Tom Lee (R-Thonotosassa) filed SB 150 in the hopes of repealing the no fault auto insurance system in Florida. The current law requires drivers in the state to carry $10,000 in personal injury protection (PIP) coverage. Senator Lee seeks to replace the PIP coverage with a requirement for bodily injury and medical payment coverages. Lawmakers have tried several times to repeal the no fault auto insurance system over the last few years. They…

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