Auto Accident Regional Resources

Florida's Motor Vehicle No Fault Automobile Insurance Law

In 1971, Florida became the second state in the country to adopt a no-fault automobile insurance plan. The nofault reform was offered as a viable replacement for the tort system as a means to quickly and efficiently compensate injured parties in auto accidents regardless of fault. The principle underlying the no-fault law is a trade-off of one benefit for another, by assuring payment of medical, disability (wage loss) and death benefits, regardless of fault, in return for a limitation on the right to sue for non-economic damages (pain and suffering).

The no-fault law meets the goal of compensating victims (and their medical providers) much more timely than under a traditional tort system. But, the efficiencies expected from no-fault due to decreased litigation and expense related to proving fault have not been fully realized due to the expenses associated with investigating and litigating the cost and utilization of medical services. However, reforms enacted in Florida in 2003 appear to have been effective in reducing such litigation.

Current law also requires vehicle owners to obtain $10,000 in PD liability coverage which pays for the physical damage expenses caused by the insured to third parties in the accident. Additionally, under Florida’s Financial Responsibility law, motorists must provide proof of ability to pay monetary damages for BI and PD liability after motor vehicle accidents or
serious traffic violations. The minimum amounts of liability coverage are $10,000 in the event of injury to one person, $20,000 for injury to two or more persons, and $10,000 property damage, or $30,000 combined single limits.

Contact Florida Auto Accident Attorneys

If you have experienced personal injuries or substantial income loss as a result of an automobile accident, the lawyers or law firms in Auto Accident Lawyers.com are here to give you a free case review and to fight for you in court.

Contact our Auto Accident Lawyers and Obtain a Free Case Evaluation.