This is a busy legislative session in Tallahassee, and one of the issues being considered will effect every Florida driver. The $10,000 “no-fault” Florida PIP requirement that has been in place for many years may be ending in favor of new requirements for $25,000 bodily injury and $50,000 per incident coverage.
When you consider the enormous increase in medical expenses over the years, $10,000 really doesn’t cover much if a victim has sustained serious injuries. Florida’s PIP law has long been blamed for insurance fraud. It’s been revised several times since 2000 to try to curb “bad faith claims.” But those reforms have also restricted coverage. Florida PIP was created in 1971 as a way to reduce lawsuits over traffic lawsuits.
Lower Fraudulent Claims and Lower Rates Benefit Everyone
Florida PIP Insurance
If you have lived in Florida for a while you may remember that there was a time when driving involved not only exercising due care to avoid accidents, but you had to worry about other drivers intentionally causing crashes. There are still some drivers out there who try to perpetrate this scam on law-abiding Florida drivers. The Florida legislature has been aware of these dangerous drivers for years and their efforts have gradually reduced the incidence of this and other types of insurance fraud. Lawmakers have consistently tried to respond to problems with the PIP law and their efforts seem to be helping.
A recent review found that “2012 PIP reforms from House Bill 119 continue to reduce fraud and abuse, while providing cost savings to Floridians.”
Specifically, legislation targeting auto insurance fraud has produced savings on personal-injury claims of 17. 5 percent, and reduced premiums by a little more than 15 percent. Claim frequency and severity were reduced, too — by 10.2 percent and nearly 11 percent, respectively, producing a reduction in total loss costs of 20 percent.
The 2012 law changed which health care providers were allowed to provide PIP benefits by banning reimbursements to chiropractors and acupuncturists. It also banned treatment unless a doctor, nurse, dentist, physician assistant, or advanced registered nurse practitioner found that an “emergency medical condition” exists.
Fort Lauderdale Accident Attorney
In Fort Lauderdale, The Law Firm of Lazarus and Lazarus represents people who have been injured in motor-vehicle accidents. If there is fraud involved, we are trained to recognize these situations and deal with them appropriately. We are qualified motor vehicle accident attorneys with a sterling reputation for getting results for our clients.
We are committed to protect the rights of our clients, and to serve their needs pursuing the compensation they are entitled to under the law for any physical injuries or property damage.
So keep your eyes alert, don’t text while driving, never drink and drive.
Please reach out to us if you or someone you know has been involved in an automobile, truck, or motorcycle accident. Our 20+ years experience has placed us among the most qualified accident attorneys in Florida. We will be happy to arrange a confidential consultation and determine how we may be able to help you. Protecting your rights is our top priority.
Call us at 943-356-0006 or if you wish an online reply, please click here and give us some information. We’ll be in touch with you promptly.
Gary T. Lazarus was born in Queens, New York, on August 26, 1965. He received his Bachelor of Science from St. John's University in 1987 and received his Juris Doctorate from Nova Law School in 1990. In 1992, Gary founded this Personal Injury Firm, dedicated to the representation of persons injured due to the negligence of another.