Florida to Consider Repeal of No-Fault Auto

Could affect motor vehicle insurance rates for more than 16 million drivers.
March 3, 2021

Proposed legislation to repeal Florida’s no-fault law, which could affect motor vehicle insurance rates for more than 16 million drivers, is poised for floor votes soon after Florida's legislative session begins on March 2. Senate Bill 54 calls for replacing the state's personal injury protection (PIP) system with a mandatory Bodily Injury (BI) system.

A study estimated that repealing no-fault would incur a $536 million “negative impact to the health care system.” That aspect was cited by Florida CFO Jimmy Patronis earlier in February, when he said repealing no-fault would raise insurance rates on “those who can least afford it.”

 

 


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