Florida is a no-fault state. Therefore, it follows No-Fault laws. However, many people are not aware of the ins and outs of the No-Fault law. Consequently, it is essential that they completely understand this process, as it is a crucial step in purchasing no-fault insurance in Florida.

What Is No-Fault Insurance In Florida?

No-fault insurance in Florida requires all drivers to purchase auto insurance, including personal injury protection and property damage liability benefits. Personal Injury Protection (PIP) can pay (the insured) medical bills, no matter who is at fault for an auto accident. However, this will only cover up to the amount stated in their policy. In addition, the minimum coverage limit for this is $10,000.

Here is an example of how pip insurance in Florida works. Let us say that they choose the minimum coverage of $10,000. Expect Personal Injury Protection in FL to pay:

• 80% of the medical bills
• 60% towards lost wages due to not being able to work
• 100% of replacement costs

Personal injury protection also should provide them with $5,000 in the case of a death. For example, the carrier will take action if a driver dies due to an automobile accident. The driver MUST make PIP claims within 14 days of an accident.

Personal injury protection in Florida also covers children, other members of the household, and passengers who do not have any PIP insurance. If insurance covers passengers in someone else’s vehicle with PIP, they will be covered. In addition, anyone riding in the car with proper PIP protection will receive coverage for any injuries sustained under their PIP.

Where Does This Fit Into A Car Insurance Policy?

Agents must add Personal Injury Protection to auto insurance policies in Florida. It will activate and pay the insured persons after an accident, no matter who caused it. PIP is a requirement in Florida to reduce lawsuits after accidents.

Drivers are also required to purchase Property Damage Liability (PDL) benefits. In an accident, PDL is needed to damage someone else’s vehicle or property. The minimum amount of coverage for this is also $10,000.

Florida’s Requirements

The insured will need Uninsured Motorist Coverage if the at-fault driver does not have the required limits. In addition, they can expect to pay big bucks out of pocket without any of this coverage.

Unlike other states, Florida does not require them to purchase Bodily Injury Liability. Instead, BIL will pay the costs of injuries to other drivers and passengers if the accident is their fault. As a result, licensed insurers must purchase no-fault insurance in Florida to conduct business.

In conclusion, No-Fault insurance in Florida will protect and pay for the insured if they are in an accident. After the insured depletes No-Fault coverage, they can use their medical payments coverage. Suppose the opposing person in an accident has none or has exhausted their limits. In that case, an Uninsured Motorist can cover the rest.