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Bill Aimed at Repealing Florida’s No-fault Auto Insurance System Advances in Senate

The bill, which would require vehicle owners to buy bodily injury coverage, was opposed by insurance representatives who predicted premiums and lawsuits would increase, reported the Sun Sentinel.

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A bill that would repeal Florida’s longstanding no-fault auto insurance system and require vehicle owners to buy bodily injury coverage cleared a key Senate committee on Jan. 10 over objections from insurance representatives who predicted premiums and lawsuits would increase, reported the Sun Sentinel.

If enacted, Florida vehicle owners would no longer be able to buy personal injury protection (PIP), a low-cost policy that provides up to $10,000 in emergency medical care for themselves and occupants of their vehicles regardless of who is at fault in crashes.

Under the Senate bill introduced by Tom Lee, R-Brandon, vehicle owners would instead be required to buy liability coverage that would fund care for occupants of other vehicles when the policyholder causes a crash.

Florida is one of just two states that do not require vehicle owners to carry some amount of bodily injury liability coverage.

To read the full story in the Sun Sentinel, click here.

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