Moving to Florida is exciting, yeah, fabulous weather and beaches nearby. However, before the beach, I must get my Driver’s license transferred to this state, auto insurance updated and tag replaced and registered. One big difference, is PIP. I don’t understand this deal about PIP, in a nutshell, what can I expect?
The best way to explain Personal injury protection (PIP) is simple. The goal for our State was to reduce payment delay for injured drivers, as well as limiting the use of our court system. Florida is one of only 10 states that have personal injury protection, also known as, “no fault” auto insurance. Drivers who are injured get $10,000 in immediate medical coverage instead of waiting for the court system to establish fault. Here in Florida, PIP coverage is required by all owners of motor vehicles registered in Florida. PIP makes individuals responsible for their own injuries in an accident regardless of fault, for up to the $10,000. Unfortunately, all good intentions, but the number of PIP claims and PIP payments has blown through the roof. The National insurance crime bureau lists Florida as having some of the highest amount of “questionable claims” nationally.
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