Report suggests Florida no fault auto insurance repeal would spike premiums

No fault auto - car accident - car damage

According to the Florida Office of Insurance Regulation, the average driver would have to pay over $200 more. A new analysis of the bill to repeal the Florida no fault auto insurance system has cautioned that drivers will have to pay considerably more money for coverage if it passes. If Governor DeSantis signs the bill, drivers will pay an average of $202 more, said the report. The report pointed to an analysis that showed that if the bill does pass, the no fault auto insurance repeal will cause the highest…

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