The 2007 Legislative Session has ended and with it so has the time period to extend Florida’s famous no-fault/PIP law. No-Fault or PIP law requires Florida drivers to carry auto insurance to pay for a percentage of their own medical bills and lost wages resulting from an auto accident regardless of who is at fault. There is no Florida law requiring people who are responsible for accidents to carry insurance to help pay for those expenses of the people they injure through their own negligence. This PIP and No-Fault law was the result of extensive lobbying by the insurance industry in the 80’s to help deepen their pockets only now the insurance companies want to be rid of it as it hasn’t turned out as well as they had “banked” on. The legislature is having a special session this summer and this issue may yet be addressed then.
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