Florida is one of the twelve states, plus Puerto Rico, to have Personal Injury Protection (no-fault or PIP) auto insurance. According to the Florida Office of Insurance Regulation, the mandatory PIP insurance law was passed to expedite payment of injured drivers’ medical bills. With PIP insurance, injured drivers can access $10,000 in immediate medical coverage rather than taking the case to court and receiving payment only after fault is established. In addition, this law helps reduce the number of cases waiting for trial in the Florida Court System.
Many complain that PIP coverage causes insurance rates to skyrocket and increases insurance fraud. According to a report completed in January 2014, reforms in Florida’s PIP coverage law have caused an average drop in PIP rates of 13.2%. Unfortunately, PIP coverage reflects only a small portion of auto insurance, and it decreases overall auto insurance rates by only 1.2%.
When your injuries exceed PIP limits, our Melbourne car accident lawyers can pursue the at-fault driver for the remaining losses. If your PIP carrier denies or delays benefits you’re owed, you may have an insurance claim dispute worth pursuing.
Navigating confusing auto insurance coverage plans and contracts can lead to misunderstandings and leave the insured party vulnerable to the insurance company. To avoid this and get the coverage you need, retain Platt Cole Russell & Simpson PLLC as your attorney, and we will handle the negotiation for you, giving you the justice you deserve while allowing you to focus on healing rather than battling your insurance company over the amount you deserve. Call our office at 321-725-3425 to schedule your free consultation and discuss your personal injury claim today.
