Understanding Florida's No-Fault Insurance Law
When you have been injured in a
car accident that was caused by the other driver, you have a right to pursue financial
compensation by filing a
personal injury claim against the driver's liability insurance policy. What happens,
however, if you caused the accident? What about cases where nobody is
found to be at fault? To ensure that motor vehicle accidents do not throw
the victims into financial crises, lawmakers in Florida have made it mandatory
for drivers to purchase and maintain a Personal Injury Protection (PIP)
Personal Injury Protection is also commonly referred to as
No-Fault Insurance, since it makes it possible for you to claim benefits without the necessity
of proving who was responsible for causing the accident. In fact, you
can even file a claim if you were at fault for the collision. A PIP policy
not only covers you, but also your children, members of your household
and certain passengers riding in your vehicle who lack their own PIP coverage.
Since PIP coverage is required for anyone who registers a motor vehicle
in Florida, you should have this type of policy in effect.
How Much Does Personal Injury Protection Pay?
The minimum amount of coverage which must be purchased in a Personal Injury
Protection policy is $10,000. This amount can be used to pay for the costs
of medical expenses incurred in relation to the accident, as well as for
replacement of lost wages in the period while you recover from your injury.
It is not, however, always enough to fully cover an accident victim's
losses, so it is advisable to retain the services of a Fort Lauderdale
personal injury attorney who can help you explore your legal options for
collecting compensation from all available sources.
Contact us now at Rosenberg & Rosenberg, P.A. for a free consultation!