“No fault” coverage, or Personal Injury Protection coverage, is intended to protect all drivers from accidents, regardless of who or what caused it, but reality is a little trickier than that. There are only 12 PIP states, including Florida, and each has their own restrictions, so it can be hard to keep track of exactly what is required to fulfill your PIP insurance coverage. Here’s a rundown of what you should know.
1. What You Need
Following the DMV.org’s requirements, a Florida driver with a clean record is required to obtain a minimum coverage of $10,000 for PIP (Personal Injury Protection) and $10,000 for PDL (Property Damage Liability) a piece. This thorough insurance covers yourself and family members, both in your personal vehicle and in any collision with a car, whether walking across the street or riding a bicycle. Though the DMV also cautions that relying on the cheapest coverage you can get away with might not be the best decision.
2. What You Could Get
Comprehensive, collision, rental and uninsured/underinsured motorist are just some of the coverages available in Florida. Bodily Injury Liability is another option that, while not required, is definitely something you don’t want to be caught without, if the worst should happen. This coverage pays for the treatment of injuries of both parties involved in an accident, regardless of who is at fault. It also pays for the cost of a lawyer should you be sued, or need assistance navigating a PIP insurance claim.
3. Penalties
Be aware, if you’ve been in an accident in the past or have specific traffic violations, the requirements are different. The minimum coverage rises, as does the premium payment, and Bodily Injury Liability is no longer optional.
