The system has been plaguing the state and is blamed for keeping rates among the highest in the US. The Florida Senate recently introduced a new bill in an attempt once again to take down the no-fault auto insurance system in the state. The required coverage means that drivers must use their own policy when accident claims are made. In addition to the mandatory no-fault auto insurance coverage, drivers must also carry a minimum of $10,000 in personal injury protection coverage. Though the system was developed to help eliminate a…
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Auto insurance bill by Senator to scrap Florida no-fault system
The legislation is being prepared in order to change the situation in the state which is riddled with fraud. A new bill is being drafted by David Simmons (R-Altamonte Springs), the Senate Banking and Insurance Chairman in Florida, in order to help to repeal the no-fault auto insurance system in the state, which is swimming in fraud and that is costing residents a fortune to cover their vehicles. A landmark effort for this purpose from 2012 remains tied up in the courts, allowing fraud to continue. Simmons explained that he…
Read MoreGovernor Scott signs law in the hopes to minimize phony auto claims
The bill signing occurred in Jacksonville at a ceremony on Friday. Though the city of choice for the signing of the Florida insurance fraud legislation by Governor Rick Scott is not exactly a hotspot for staged accidents, it still drew attention from the entire state, including Sheriff John Rutherford, who is backing the new law. The signing took place in the parking lot located next to the Northeast Florida Criminal Justice Training and Education Center on the North Campus of Florida State College, where Scott added his autograph while surrounded…
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