What is a No-Fault State?

what is a no fault state mean

Article Updated June 1, 2023 – Currently, there are 12 no-fault states in the U.S. These include Florida, Kansas, Hawaii, Massachusetts, Minnesota, Michigan no fault insurance, New Jersey, New York, North Dakota, Pennsylvania, Kentucky and Utah . If you live in a no-fault state, it means that a driver has to first file a claim with their own insurance company if they’re in an accident. Every state sets its own laws as far as who pays for an accident. Sometimes when there’s an accident involving two parties, the goal isn’t…

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Auto insurance bill by Senator to scrap Florida no-fault system

Florida Auto Insurance

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…

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Auto insurance reforms to PIP have yet to lower premiums

Florida proof of Auto Insurance

  Florida drivers are still waiting for the promised savings to kick in. Over one hundred auto insurance companies were required to report their intentions to reduce their rates on Monday, as a result of the massive changes to the personal injury protection (PIP) plan in Florida. However, as many predicted, these insurers didn’t show any clear intention to reduce prices. A new law in the state required that these auto insurance providers send a rate filing to the Office of Insurance Regulation at the start of October, which would…

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Auto insurance in Florida continues to be a problem

Auto Insurance

Lawmakers benefits of new auto insurance laws to be seen soon Auto insurance in Florida has been in flux for some time. State lawmakers have been laboring to make changes to Florida’s auto insurance regulations in the hopes of curbing the prevalence of fraud. Legislators have made significant changes to the state’s personal injury protection (PIP) regulations, which have been hailed both as a remedy for fraud and a financial problem for consumers and businesses. Whatever the case may be, auto insurers are tasked with figuring out ways to lower…

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Florida passes new PIP reform bill that will is expected to reduce auto insurance fraud in the state

Florida Governor Rick Scott is claiming a major victory on behalf of the state’s citizens this week. The state Senate has passed legislation that will reform the state’s troublesome personal injury protection (PIP) auto insurance system. The system has been wrought with fraud for several years, becoming much worse over the past two. Legislators supporting reform claim that this fraud was causing auto insurers to raise rates on coverage at alarming speed. The new legislation seeks to remedy the problem. The legislation that was passed by the Senate is House…

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