Florida mulls decision to discontinue no-fault insurance
According to the proposed bill, the protection against personal injury and the involuntary provision would be discontinued. Instead, drivers must carry at least $ 25,000 for one person injury or death and $ 50,000 for two person injury or death. Insurance for the person who caused the accident would pay off for claims. Legislators believe the end of fully comprehensive insurance is needed to control Florida's runaway auto insurance rates. "Florida is inconsistent with almost every state, and yet your auto insurance prices and premiums continue to rise," said R-Vero Beach representative Erin Grall. "I think it's our job to make sure that people are adequately covered." Florida's no-fault auto insurance requires drivers to have personal protection of at least $ 10,000. The cover pays the insured person for all medical and funeral expenses he may incur, regardless of who was liable during a collision incident. However, the $ 10,000 minimum hasn...