Auto insurance rates would soar under just-passed bill David A. Sampson The Florida Legislature passed Senate Bill 54 in the final days of the session, and now Florida drivers are facing dramatically higher auto insurance costs if Gov. Ron DeSantis does not intervene. Without swift action by the governor, auto insurance costs could skyrocket up to an additional $860 annually for many Florida drivers and lead to more uninsured motorists on Florida’s roads. SB 54 eliminates Florida's 50-year-old no-fault auto insurance system and replaces it with a requirement that Florida drivers purchase and carry a package of mandatory liability and medical payments coverage. If you drive a car, this is a major policy change that affects you.