Will repealing Florida s No Fault law raise insurance rates? Opinion is divided By Mitch Perry Florida
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What You Need To Know
A measure (SB 54) repeals the state’s “no fault” insurance laws
GOP state Sen. Jeff Brandes hopes that Gov. Ron DeSantis will veto it
Tampa attorney Dale Swope says that more than 80% of Florida motorists currently already have bodily liability insurance
That’s at least one thing that advocates and opponents of the recently passed legislation overhauling Florida’s auto insurance laws can agree on.
The measure (SB 54) repeals the state’s “no fault” insurance laws and the requirement that motorists must purchase personal injury protection (PIP) insurance, and instead now requires every motorist to carry bodily liability coverage of at least $25,000 – a provision that is already the law in 48 states.
Three Florida property insurers will drop a total of 50,000 policies tampabay.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tampabay.com Daily Mail and Mail on Sunday newspapers.