Understanding Florida’s No-Fault Car Insurance System
After a car accident, most people assume the person who caused the crash is responsible for paying the bills. But in a “no-fault” state, that’s not necessarily the case. No-fault insurance means that, regardless of who caused the accident, you turn to your own insurance company to cover your medical bills and lost wages.
Florida is one of a handful of states that operate under this system. Here in the Sunshine State, drivers are required to carry Personal Injury Protection (PIP) insurance. This article will give you a detailed breakdown of how Florida’s fl no fault insurance system works and what it means for you as a driver.
We’ll cover the essentials, including:
- What PIP coverage includes and its limitations
- The difference between economic and non-economic damages
- Exceptions to the fl no fault rule
Understanding these details can save you a lot of headaches down the road.