New residents to the Sunshine State may wonder, “Is Florida a no-fault auto insurance state?” Before buying a new policy, it’s important to understand what the law says about a driver’s responsibility. As with all states, you must carry personal injury and property damage liability protection.
What Does FL No Fault Insurance Mean?
Florida is one of a select few states that are considered “no fault.” If you are injured in an auto accident, you will have to pay the first portion of your medical bills ($10,000) before the other party is expected to pay, regardless of who is at fault. Therefore, the Personal Injury Protection (PIP) you buy is mostly for your own medical bills.
What Is Personal Injury Protection?
If you’re injured in an auto accident, PIP will pay for 80 percent of your medical expenses. Most companies require that you pay at least $1,000 in deductible before their insurance kicks in. The good news is that you don’t have to wait around for compensation or deal with irritating legal issues. Your insurance simply pays up, regardless of who was at fault.
Do People Carry Bodily Injury Liability In Florida?
Bodily Injury Liability is not required by law. It is estimated that 1 in 3 Florida state drivers do not carry this type of auto insurance. However, it would cover you in the event YOU are at fault for serious injury or death. Most of the time, a no-fault state does not allow people to sue for damages, but in extreme cases of death or serious negligence, it is still possible. With this optional coverage, your insurance company will pay up to the limits of your policy and provide a lawyer if you are sued.
Damage to vehicle is still based on a “fault” system — even in a no-fault state. So, in Florida, you must carry property damage liability of $10,000. This will pay for damage done to the other car. To pay for damage to your auto, you’ll need comprehensive (which covers theft/vandalism/storms) and collision (which covers impact from another vehicle or a wild animal).