Florida car insurance

The video above addresses only one of the many problems involved with the Florida car insurance no fault system, which sunset on the first of October this year. The no fault laws were first enacted over forty years ago when Florida car insurance prices were sky rocketing, and policy holders were demanding some kind of action. At first, the Florida car insurance no fault laws had their desired effect, but after awhile reform was needed yet again. The law makers in the sunshine state have been messing around and avoiding the problem for awhile, and it wasn’t until after the Florida car insurance no fault laws had already expired that they got together and thought up some much needed reform of the system.

The new reform won’t go into effect until January first of 2008, though, which means that between October 1st and January 1st, Florida car insurance policy holders are in a state of tort limbo. The state is technically a tort state, although there are no specific laws defining it as such, and Florida car insurance policy holders might have to deal with issues in the next few months which they had never had to deal with before.

When Florida car insurance no fault laws expired earlier this month, many people who were renewing their policies did so without the previously required personal injury protection coverage. At the same time, there is no requirement on the books for Florida car insurance policy holders to carry under insured/uninsured motorist coverage. This puts Florida drivers who get into an accident during these months in a precarious position.

If you get into an accident before January and the other driver does not carry personal injury protection, then you might be held liable for the damages. This could mean a lawsuit and a trip to court, or it could simply mean a bad mark on your Florida car insurance record. Either way, unless you already understand it, it would be best to familiarize yourself with tort law in the meantime.